IMMEDIATE NEWS
RELEASE
Eagle Environmental Technologies Ltd, Reno, NV, (symbol
EGVR, OTC Exchange, www.egvr.com), Brian D. Wilmot, CEO, announced on December
10, 2003 that Eagle has finalized the sale to ECI of Tunisia (North Africa)
announced previously, of a complete $970,000 processing plant to produce
caustic soda using concentrated brines as the feed stock. Eagle Environmental
Tech, became the lead company and will be working with EDC Engineering Inc. of
Santa Fe, NM. “Eagle developed a new process to concentrate and pre-treat the
feed stock, that will be fed to the special clarifier and then to the
electrolyzer to produce the end product. Our system replaces the need for ion
exchange and evaporator equipment which is very expensive to operate”, said
Wilmot. Contracts have been signed to build, test, and deliver the equipment to
the customer as a working plant, with a long-term development package for much
larger plants. JONA Manufactured Systems, formally JONA Machining Inc. of Los
Alamos will be our assembly and fabrication provider. “This new construction
and proprietary use arrangement will enable Eagle and EDC to continue the
development of specialized plants, and provide us with a demonstration
capability to new customers”, stated Mr. Wilmot. The first unit will be ready for
operation by late spring. “Jim Frye, President and chief engineer of EDC, has
been exceptional in getting this new application on line as it has multiple
uses in several foreign countries that have to rely on seawater or salt brine
for the original source of feed stock”, said Wilmot.
Eagle Environmental Technologies Ltd. is a systems
integration and environmental product development company concentrating on
recycling or eliminating hazardous waste, water filtration systems and high
performance coating removal systems.
For information, call 800-210-5793, or Fax 209-736-2608.
50 W. Liberty, Suite 880, Reno, NV 89501
NOTE: Statements contained in this release that are not strictly historical are “forward-looking’ within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company’s actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, the company’s ability to continue to develop its market, demand for the company’s products and services, general economic conditions, and other factors that may be more fully described in the company’s literature and any periodic filings with the Securities and Exchange Commission.