Better, Faster, Cheaper MTBE Cleanup Technology May Be Impetus for Stalled Energy Bill; $29 Billion Estimated Cleanup Cost Could Be Much Less Using Biotechnology Solution.Business Editors/Environment Writers CARLSBAD, Calif.--(BUSINESS WIRE)--Nov. 26, 2003 Sub-Surface Waste Management of Delaware Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSWM SSWM Surface and Storm Water Management ), an innovative 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. firm, announced today that its cost effective cleanup technology for MTBE MTBE Methyl-tert-butyl-ether Surgery An aliphatic ether that rapidly dissolves cholesterol stones in vivo, introduced under local anesthesia via a percutaneous transhepatic cholecystectomy catheter, as a non-invasive method for treating gallstones; after injection, contamination may be an impetus for passing the stalled Energy bill when congress returns to session in January, 2004. Bruce Beattie, 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 SSWM, stated, "The MTBE issue in the Energy Bill was a major objection for senators who believe the industry should be responsible for the cleanup of MTBE contamination rather than possible exemption from cleanup. The industry shuns the cleanup possibility because of its estimated $29 billion cleanup price tag based upon the use of 1980's conventional cleanup technology. I believe the use of new millennium SSWM biotechnology for MTBE cleanup is the wave of the future and its use could significantly reduce the cost of cleanup and thereby reduce the industry objection and possible inclusion for partial cleanup in the Energy Bill. Not only would the MTBE cleanup issue now become more palatable and affordable, its inclusion could foster the passage of the bill in the Senate." Beattie went on to say, "The SSWM MTBE technology is being used in South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. to clean up underground storage tanks An Underground Storage Tank (UST), in United States environmental law, is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground. that have leaked gasoline containing MTBE. Results have shown significant decreases in time and costs to clean up this contamination which, if extrapolated to the problem sites in the U.S., could significantly reduce the potential liability for cleanup costs. The problem has to be cleaned up because it impacts our 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. . If there is an alternative solution which is better, faster and cheaper, then its use should be considered as a way of lessening the cost burden on the industry or the party responsible for the cleanup." About Sub-Surface Waste Management Sub-Surface Waste Management provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste cleanup treatment systems using conventional, biological and filtration technologies. SSWM is capitalizing on its patent and patent-pending technology by forming strategic alliances and joint ventures with well-established engineering firms. For further corporate information visit the Web site at www.bugsatwork.com/19.asp. A research report on SSWM is available at www.stocksontheweb.com/sswm.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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