Bioponic International to Change Name to MR3 Systems, Inc. and NQB Symbol to MRMR.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--June 6, 2000 Effective tomorrow, June 7, 2000, Bioponic International (NQB NQB National Quotation Bureau, Inc (now Pink Sheets) : BPON See PON. ) will change its name to MR3 Systems, Inc., to name the corporation after its state-of-the-art technology. The NQB symbol will be changed to MRMR MRMR Mining Rock Mass Rating MRMR Mobilization Reserve Materiel Requirement . The Company's web site address and domain name has also been changed to www.mr3systems.com. MR3 is a high-tech, state-of-the-art high affinity metals extraction and separation technology capable of converting hazardous liabilities into non-hazardous, profitable assets through the large-scale processing of industrial wastes and other complex metals sources into pure metals and specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. products. The Company believes this to be the only technology available that can selectively and individually remove and purify Purify - A debugging tool from Pure Software. all targeted metals from aqueous aqueous /aque·ous/ (a´kwe-us) 1. watery; prepared with water. 2. see under humor. a·que·ous adj. solutions economically on a commercial scale. The combined global markets for the MR3 processes is in the multi-billion dollar range. While the Company continues to negotiate licensing and joint venture agreements with prospective strategic partners to construct and operate MR3 processing plants, this name change will allow the Company to become more identifiable with its base technology. Certain statements contained in this press release are forward-looking statements within the meaning of federal securities laws. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, many of which are beyond the Company's control. |
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