BUGS CEO Foresees Prosperous 2005; Company to Exploit Opportunities Identified in 2004.CARLSBAD, Calif. -- Robert Brehm, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of U.S. Microbics, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BUGS) today announced that he foresees a prosperous business year in 2005 based upon recent developments in new business, the revenue potential of new joint ventures and alliances, anticipated acquisitions, institutional financing, and a favorable U.S. economic outlook. The company is also building upon many of the opportunities identified in 2004 that are now starting to generate revenue. The company's strategic objective is to increase gross revenues to $5,000,000 - $10,000,000 in 2005 by ramping-up joint ventures operations, increasing environmental cleanup The process of removing solid, liquid, and hazardous wastes, except for unexploded ordnance, resulting from the joint operation of US forces to a condition that approaches the one existing prior to operation as determined by the environmental baseline survey, if one was conducted. revenues, adding new business divisions, and acquiring synergistic businesses. With the technology demonstration groundwork completed and opportunities identified in 2004 now coming online with revenue, BUGS has positioned itself for tremendous growth in 2005. Through the direction of Mr. Brehm, who received the 2003 California Businessman of the Year Award as well as the 2004 Ronald Reagan Republican Gold Metal Award, BUGS, and its operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , have entered into various joint ventures with strategic partners who can provide marketing, financial and tactical resources which augment the BUGS engineering and biotech capability to deploy the proprietary biotechnology to domestic and international clients. Should the company successfully execute its strategic objectives, BUGS could have a record year in terms of financial results and shareholder value. Mr. Brehm commented, "We made major progress in 2004 with technology demonstrations for environmental cleanup of rocket fuel (perchlorates), new joint ventures in the diesel to natural gas conversion technology and water machines for third world countries, recognition of the merits of our technology by Mexico government authorities, introduction of the Mikey Microbe microbe /mi·crobe/ (mi´krob) a microorganism, especially a pathogenic one such as a bacterium, protozoan, or fungus.micro´bialmicro´bic mi·crobe n. (TM) educational character at www.mikeymicrobe.com and new business for USM USM abbr. 1. United States Mail 2. United States Mint USM n abbr (= United States Mint) → US-Münzanstalt (= United States Mail) → US-Postbehörde Capital Group, Inc., our financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. subsidiary. Our merger and acquisition team was also very active performing due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. on candidates in the $2,000,000 to $60,000,000 revenue range. All these activities prepared us for new revenue sources and success in 2005." Brehm went on to say, "To help the investment community understand the company's direction I have included key elements of our strategic plan in this press release. I expect to implement as much of this plan as possible given the available capital, market opportunities and resources available. 2005 could be a very exciting and prosperous year and I look forward to leading BUGS to new levels of success." Key elements of the 2005 Strategic Plan include:
1. New environmental cleanup business for Sub-Surface Waste
Management, Inc. These projects include new contract work in
Mexico, rocket fuel cleanup in California, completion of
projects in South Carolina, new cleanup projects with
JV/teaming partners, and engineering consulting for water
machine projects.
2. Acquisition of one or more profitable $2MM to $5MM revenue
firms to increase our engineering capability to manage
multi-million dollar projects.
3. Generate revenue for the Natural Gas Industries and World
Wide Water Systems joint ventures with Omnitek and C. Trade,
Inc.
4. Provide additional financial and administrative services to
the joint ventures and third party clients through USM Capital
Group, Inc.
5. Expand the educational services and marketing of the Mikey
Microbe character and products to include internet sales of
environmentally friendly products.
6. Use Institutional investor funds and cash flow to grow the
business and increase the financial well being of the company.
Brehm concluded by saying, "We've already begun to see the revenue results of our 2005 strategic plan and will update the investment community as we accomplish additional milestones. I am truly excited about 2005 and the opportunities before us. As always I appreciate the support and continued shareholder trust in management and the future of U.S. Microbics, Inc. and its subsidiaries." About U.S. Microbics Inc. U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for soil, groundwater and carbon remediation, air pollution reduction, modular drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. systems, and agriculture enhancement. For more information on the company contact Robert Brehm at 760-918-1860 x102 or visit the website at http://bugsatwork.com. To join the company's mailing list An automated e-mail system on the Internet, which is maintained by subject matter. There are thousands of such lists that reach millions of individuals and businesses. New users generally subscribe by sending an e-mail with the word "subscribe" in it and subsequently receive all new , please send your name and email address See Internet address. to investor@bugsatwork.com. About Sub-Surface Waste Management A subsidiary of U.S. Microbics, Inc., (OTCBB: BUGS), Sub-Surface Waste Management Inc. provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies. SSWM SSWM Surface and Storm Water Management is capitalizing on its patent and patent-pending technology by forming strategic alliances and joint ventures with well-established engineering firms. About USM Capital Group Inc. USM Capital Group Inc. (UCGI) is the financial services subsidiary of U.S. Microbics Inc. The UCGI mission is to provide financial resources and services to private and publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . For further information about U.S. Microbics or USM Capital Group, contact Robert Brehm by phone at 760-918-1860, ext. 102 or learn about the company by visiting the Web site at http://www.usmcapital.com. The information contained in this press release includes 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. . Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request. |
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