American Soil Technologies Reaches Co-Marketing Agreement With BioPlusNutrients L.L.C.Business Editors/Environment Writers PASADENA, Calif.--(BUSINESS WIRE)--Aug. 21, 2001 American Soil Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SOYL) has reached an agreement with BioPlusNutrients L.L.C. of Grace, Idaho Grace is a city in Caribou County, Idaho, in the United States. The population was 990 at the 2000 census. History The area of Grace was once inhabited by the Shoshone Indians. White settlement dates back to the mid to late 1800s. , to blend the company's polymer with their proprietary nutrients. This agreement allows each entity to co-market the combined product to each other's customers. John Kunz, a partner in BioPlusNutrients L.L.C., stated, "We have used the combined product in agriculture with great success, but it is in turf that we see the most dramatic results. Turf installations made in Idaho and Utah have resulted in almost 100 acres of future contracts." 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 holds exclusive rights to a soil washing technology that removes hydrocarbon hydrocarbon (hī'drōkär`bən), any organic compound composed solely of the elements hydrogen and carbon. The hydrocarbons differ both in the total number of carbon and hydrogen atoms in their molecules and in the proportion of hydrogen contaminants from soil. More product information can be found on the corporate Web site located at www.americansoiltech.com. About BioPlusNutrients L.L.C. BioPlusNutrients is located in Grace. It was incorporated in 2001 when its principals, who as farmers, had used nutrients in 2000. They were successful in using polymer and their proprietary nutrient nutrient /nu·tri·ent/ (noo´tre-int) 1. nourishing; providing nutrition. 2. a food or other substance that provides energy or building material for the survival and growth of a living organism. package simultaneously. The company operates in Washington, Oregon, Idaho, California, Nebraska, Wyoming, Utah, Arizona, Colorado and New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). . This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , 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 here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . 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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