NUEC Nu Earth Corp (CE)

PITTSBURGH, Nov. 9, 2010 /PRNewswire/ -- NuEarth Corporation (Pink Sheets: NUEC) ("NuEarth"), a manufacturer and marketer of "Clean & Green" products and technology, today announced that it has completed final development and testing of "FracSolv", an all-natural 100% biodegradable and environmentally safe fracturing solution for deployment in the oil and natural gas drilling industry.  FracSolv was developed exclusively under contract to Westmont Resources Inc (OTC Bulletin Board: WMNS) {"Westmont"} of Bellevue WA.

The agreement between NuEarth Corporation and Westmont Resources Inc was completed on the 3rd of November 2010 and the resulting product will be sold worldwide exclusively by Westmont Resources Inc.  Terms of the agreement include a non-recurring development payment of $250,000 payable upon initial field deployment of the product and a minimum quantity purchase commitment of $2.25 Million over the first 5 years of the 10-year agreement.  Additional commitments for inflationary price increase over the term of the agreement and delivery on a FOB basis at the future NuEarth manufacturing facility in Eastern Ohio.

"This new contract represents the first USA product sales for NuEarth and the first scheduled products to be manufactured in the USA by NuEarth.  We are aggressively expanding our marketing reach into new and highly effective industries with innovative, proven products that successfully compete with national brands through superior quality and attractive price points," said Levi Modelevi CEO of NuEarth.

FracSolv is a Surfactant based, Anionic Polyacrylamide (PAM) that acts as a stable colloidal particle dispersion solution.  The micro-particles in FracSolv utilize the mechanism of disjoining pressure once the micro-particles encounter a discontinuous phase.  FracSolv acts to separate oil and natural gas from the formation's surface, thereby accelerating the recovery of oil and natural gas reservoirs'.  The FracSolv solution has no systemic toxicity to any aquatic organisms or microorganisms and remains 100% biodegradable and environmentally safe throughout its useful product lifespan.  

FracSolv was developed in a collaborative effort between NuEarth Corporation R&D, TerraSolv Laboroatory SA, and the Avalon Group Ltd R&D.  FracSolv is loosely based on our original AquaSolv product formulation.  "Our Laboratory staff at TerraSolv have been field-testing FracSolv, as a Surfactant based, Anionic Polyacrylamides (PAM's) that acts as a stable colloidal particle dispersion solution, under real world conditions over the last 12 months in the Middle East in cooperation with the Avalon Group Ltd R&D with dramatic results", said Levi Modelevi CEO of NuEarth.  The use of FracSolv has been proven to accelerating the recovery of oil and natural gas reservoirs' by 43%.

Westmont Resources Inc. (OTCBB: WMNS) is an independent natural resource and development company headquartered in Bellevue, Washington, with principal operations in the United States.  Westmont's business model emphasizes the acquisition and operation of existing producing assets, in the oil and gas industry.  As new technologies expand both the exploration possibilities and production of oil and gas in the face of ever-rising demand, obtaining peak efficiency and production from existing aging wells becomes increasingly profitable.  Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors.  For more information about Westmont Resources Inc, visit the company's website at www.westmontresources.com

TerraSolv / LIA is a state-of-the-art development and testing lab, which collects data from clients around the world to run projects simulations ranging from usability, capacity, spread and weather modeling testing.  The heart of the laboratory is a 299-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the modeling software.

NuEarth Corporation (Pinksheets: NUEC) is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world.  For information about NuEarth Corporation and its product offerings visit us on the web at www.nuearthcorp.com

This press release contains forward-looking statements regarding NuEarth Corporation within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed.  The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting NuEarth Corporation.  Forward-looking statements speak only as of the date on which they are made and NuEarth Corporation undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.

SOURCE NuEarth Corporation