Enzyme Environmental Solutions Enters Contract Stage With Star Towers, Inc.
24 1월 2009 - 3:47AM
Marketwired
Enzyme Environmental Solutions (PINKSHEETS: EESO) announces today
that the letter of intent with Star Towers, Inc., Bo and Su Lee of
Atlanta, Georgia, is now ready to move into the negotiation of a
contract phase.
The letter of intent was announced publicly by EESO in a press
release dated December 4, 2008. The release explained the pending
relationship between Enzyme Environmental Solutions and the Lees
whose many projects include both domestic and international
development. One of their larger domestic projects is the Star
Towers project in Atlanta, GA (www.star-towers.com).
The Letter of Intent directly relates to the Lees' work in South
Korea focusing on odor and garbage remediation with use of EESO's
proprietary technology, Pit Solution� and their FG-500�, "an enzyme
based compost solution for food waste which will be sold primarily
to restaurants to eliminate food waste and pollution which has
grown at an increasingly alarming rate."
LPMC, the firm negotiating with EESO for the Lees, has secured
the last phase of testing to be completed in South Korea with a
private firm. Also participating in the final test are
representatives of the South Korean Government. The testing should
be completed within two weeks. The tests were expanded due to the
initial LOI estimates of approximately $28,500,000 over seven
years, which has escalated an additional 85% which equates to
$52,725,000 over a seven-year period. Initially this includes only
a portion of companies that Star Towers, Inc. has entered into
negotiations with. The contract with Star Towers will include many
areas of South Korea. Hochstedler and the Lees are mutually
satisfied thus far with the proceedings.
Bo Lee, a Star Towers, Inc. founder, says, "We are very pleased
with this expansion and are looking forward to entering into this
final phase. The technology that Enzyme Environmental Solutions
will provide is a substantial if not entire remedy to the issues we
face in South Korea and we look forward to considering their
solutions both domestically and internationally as there seems to
be a lot we will be able to do together with our other business
relationships."
Jared Hochstedler, CEO of EESO, states, "Our director of sales
Gene Sherrill has been, for the last week and will continue into
next week, negotiating with two American Companies for the
distribution rights for our proprietary Pit Solution� within the
United States. These are exciting times for EESO and its
shareholders. We are pleased with the progress that Bill White and
Gene Sherrill have made and are committed to furthering our efforts
in pursuit of expanding our customer base on the commercial and
industrial side of the business while preparing for the inevitable
successes provided by the recent agreements with Wow Green
International. The Wow Green deal has already provided us with
attractive numbers for the year and these are based on conservative
estimates in regards to product demand."
The Wow Green opportunity gives everyone a chance to work in
concert with both companies' missions toward a 'cleaner world.
Safer planet' while 'freeing the world of toxic chemicals, one
household at a time.' At the same time, Wow Green International is
boasting the most attractive compensation plan for distributors in
a network marketing program to date with a strategically designed
matrix that allows for a long-term success with plans for an
international expansion in 18-24 months. If you are looking to
participate as a Wow Green distributor, EESO has purchased
www.wowgreenlaunch.com in order to give every investor an
opportunity to sign up as a distributor directly under EESO which
will give top priority placement to the distributor as well as
enhance company revenues with a distributor force directly under
the company. Please visit www.wowgreenlaunch.com and follow the
instructions on the site to sign up for this rare pre-launch
opportunity.
Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
Contact: Newbauer Media Relations Email:
mark@enzymeconsultants.com
Enzyme Environmental Sol... (CE) (USOTC:EESO)
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