American Soil Technologies, Inc. to Develop A Retail Product Distributed by Spectrum Brands.Business Editors SAN DIEGO--(BUSINESS WIRE)--Dec. 19, 2000 American Soil Technologies, Inc. (AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SOYL) today announced that it has signed a letter of intent with Spectrum Brands, a division of United Industries Corporation, to distribute a new retail product marketed under Spectrum's Peters Professional Plant Food label. The new soil conditioner Noun 1. soil conditioner - a chemical substance used to improve the structure of the soil and increase its porosity; "gypsum can be used as a soil conditioner" product will be tested in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century , where its use would be most beneficial. Sean Lee Sean Patrick Lee (born July 22, 1986 in Pittsburgh, Pennsylvania) is a linebacker for the Penn State Nittany Lions. Born on July 22, 1986, Lee has been the outside linebacker for Coach Joe Paterno's Nittany Lions for two consecutive seasons. , Executive Vice President of AST, stated, "Peters is a highly respected brand, which is widely distributed Adj. 1. widely distributed - growing or occurring in many parts of the world; "a cosmopolitan herb"; "cosmopolitan in distribution" cosmopolitan bionomics, environmental science, ecology - the branch of biology concerned with the relations between organisms at Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Lowes, Wal-Mart and other retailers. With that said, Peters, through this agreement, affords AST the sought after advantage of their top-notch distribution." About American Soil Technologies, Inc. Formed in September 1999, American Soil Technologies has two divisions: Agriblend and Soil Wash Technologies. The Agriblend Division develops, manufactures and markets cutting-edge technology that decreases the need for water in agriculture and other plant growing environments while increasing crop yield and reducing the environmental damage caused by common farming practices. The Company also operates a Soil Washing facility in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA and holds exclusive rights to a soil washing technology that removes hydrocarbon contaminants from soil. More product information can be found on the corporate Web site, located at www.americansoiltech.com. About Spectrum Brands Spectrum Brands is a division of United Industries and maker of finer personal and consumer lawn, garden and household insecticide products. The Spectrum Brands portfolio includes Spectracide, Terminate, Cutter, Hot Shot and Peters. This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. |
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