Clyvia Announces Press Event.POINT ROBERTS Point Roberts, uninc. town (1990 pop. 750), Whatcom co., NW Wash., on the Strait of Georgia near the tip of the Point Roberts peninsula, extending south from British Columbia, Canada, and separated from the Washington mainland by Boundary Bay. , Wash. -- Clyvia Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLYV) (the "Company") announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Clyvia Technology GmbH ("Clyvia GmbH"), will hold a press event at its facility in Wegberg, Germany on December 13th, 2005, beginning at 11:00 AM. Attendees will be presented with a demonstration of an emergency generator powered by fuel derived from waste materials. Persons interested in attending this event may contact Clyvia GmbH at presse@clyvia-tec.com. The Company also announced that Clyvia GmbH is set to begin construction of its pilot plant project. The Company has received notice that the Mayor of Wegberg, Ms. Hedwig Klein, will attend the ground breaking ceremony. The pilot plant is to be a combined research and production site. In addition to housing the Company's catalytic depolymerization depolymerization /de·po·lym·er·iza·tion/ (de?po-lim?er-i-za´shun) the conversion of a polymer into its component monomers. depolymerization system, the pilot plant will include two separate bulk storage tanks, one of which is to be used for housing input waste materials and other for housing finished fuel products, as well as space for serial production. The pilot plant will be used by the Company to conduct demonstrations of its fractional depolymerization technology. It is intended that the pilot plant will be capable of converting up to 20 tons of raw input materials into diesel fuel or heating oil. Upon completion and testing of the pilot plant, the Company intends to invite potential customers to Clyvia GmbH's facilities in order to demonstrate the technology. About Clyvia Clyvia Inc. is currently in the process of a developing a proprietary technology that utilizes a process known as catalytic depolymerization to produce diesel fuel and heating oil from various forms of recyclable waste Recyclable waste is a waste type that has the potential to be recycled. A typical municipal waste stream (bin bag) contains the following components that can be recycled if recovered in a suitably clean state with little contamination: reduced in volume by evaporation; concentrated to a denser form. and precipitated inside a condenser condenser Device for reducing a gas or vapour to a liquid. Condensers are used in power plants to condense exhaust steam from turbines and in refrigeration plants to condense refrigerant vapours, such as ammonia and Freons. as diesel oil or heating oil. This Press Release may contain, in addition to historical information, forward-looking statements. These forward-looking statements are based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular there can be no assurances that Clyvia Technology GmbH will be able to complete construction of the prototype plant within the expected time period or that the prototype plant will perform as expected. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release. CLYVIA INC. WALTER P.W. NOTTER, Chief Executive Officer and President Clyvia Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CLYV) |
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