BUGS Subsidiary Accelerates Mexico Project Timetable; Puebla Projects and New Financing to Hasten Project Execution Timetable.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)(BCN BCN Beacon BCN Blue Care Network BCN Biblioteca del Congreso Nacional (Chile) BCN Backbone Concentrator Node (routers, Nortel) BCN Banco Central de Nicaragua BCN Broadband Convergence Network :615212), an innovative environmental products and services company, announced that its majority owned subsidiary, Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM SSWM Surface and Storm Water Management ), and its Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI (Embed The Internet) An earlier consortium that was devoted to putting Web servers into microcontrollers used in embedded systems. Using a Web server enables access to the device via any Web browser. See Web server and microcontroller. ), have submitted remedial cleanup plans for $2MM of funding in Puebla at the Governor's request and have also obtained a $500,000 working capital line to speed up the project execution timetable in Mexico. ETI is also working with the Governor of Veracruz's staff to accelerate the implementation of eleven emergency response centers now that recent hurricane activity on the West Coast of Mexico and in the Caribbean have shown the importance for emergency response contingency plans. ETI is in the final negotiation phase to initially equip and staff and operate centers that are being set up to address civil protection and exposure to toxic releases such as fuel and oil spills This is a list of oil spills throughout the world. Large Oil Spills to Date Oil Spills of over 100,000 tonnes or 30 million US gallons, ordered by Tonnes Spill / Tanker Location Date *Tons of crude oil link that occur periodically as well as during storm events such as hurricanes. Brehm commented, "Last Week the ETI professional staff presented rapid remedial cleanup plans of approximately $2 Million for the sites known as Los Pinos Los Pinos is Mexico's official presidential residence, the home – for a six-year period – of the President of Mexico. Located inside the Bosque de Chapultepec (Chapultepec Park) in central Mexico City, it has been in use since 1934 when Gen. and San Lorenzo San Lorenzo, town, S Honduras, on the Gulf of Fonseca. Its satellite, Henecán is the chief Pacific port of Honduras. Henecán's modern port facilities and deepwater harbor and channel approach were constructed in the late 1970s after the old port at in the State of Puebla at the request of the Governor who intends to fund these projects and authorize commencement of work this month. To speed up the implementation timetable for these projects, SSWM also obtained a $500,000 working capital line for its Mexico projects which helps cover the mobilization and startup costs." Brehm elaborated, "The ETI staff also had an excellent meeting with Governor Ortiz of the state of Tlaxcala to present a plan to site, permit, design, build and operate an integrated sanitary waste management facility to serve the State and other designated communities. He was very impressed with the concepts we presented and we expect further developments as this project begins to mature and specific tasks and costs are defined." Brehm concluded, "SSWM and ETI are making excellent progress in Mexico working with various governors and their staff. Our goal is to have $3 to $5MM in contract backlog, which would be the highest in the company's history, as we enter our new fiscal year on October 1. With the Puebla and electric utility contracts immediately pending we should be able to meet this goal with the work we are completing in September." About U.S. Microbics Inc. U.S. Microbics is a business development and holding company that acquires, develops and deploys innovative environmental technologies for 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. and agriculture yield enhancement using local resources and stimulating regional economies in developing nations. For more information on the company, contact Robert Brehm at 760-918-1860 x102 or visit the website at www.bugsatwork.com, www.MikeyMicrobe.com or to be on the email list for press releases please visit: http://www.bugsatwork.com/emailfax.htm . The information contained in this press release includes forward-looking statements. 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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