Creative Recycling Technologies, Inc. Announces Trial Results From Their Second Tire Pyrolysis Test Unit.ATLANTA--(BUSINESS WIRE)--June 9, 1998--Creative Recycling Technologies Recycling technology Methods for reducing solid waste by reusing discarded materials to make new products. The three integral phases of recycling are the collection of recyclable materials, manufacture or reprocessing of these materials into new products, and , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). Symbol: CRTZ CRTZ chemoreceptor trigger zone. ) today announced a major breakthrough from their second test unit. Two definitive results were generated that should greatly affects the overall profits of the Company. The Company's original business plan states that the by-products that should be generated from the patentable process should yield $3.55 per tire. However, the two results listed below, could raise the annual yield by at least a conservative $1.00 per tire, along with potentially increasing annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. volume: Fact No. 1: The data generated from the latest tests with the new unit revealed that the yield in oil, on a per tire basis, increased 33 to 36% per tire. The Company estimates that the first plant with one production line should produce 257,000 barrels of No. 6 Oil. The Company shall try distilling this No. 6 Oil into various oil by-products that should clearly generate substantially more revenue than first anticipated Fact No. 2: During the experiments, in the second tire cracker (1) A person who breaks into a computer system without authorization, whose purpose is to do damage (destroy files, steal credit card numbers, plant viruses, etc.). Because a cracker uses low-level hacker skills to do cracking, the terms "cracker" and "hacker" have become , that data has shown that the chemical breakdown of the tire has been greatly accelerated. These results give the indication that a production line that was first estimated to process 7,500,000 tires per year should be able to be increased to approximately 9,000,000 tires per year, which equates to an 20% increase in productivity. The net results of these aforementioned breakthroughs should annualize Annualize 1. To convert a rate of any length into a rate that reflects the rate on an annual (yearly) basis. This is most often done on rates of less than one year, and usually does not take into account the effects of compounding. to an approximate $14,000,000 increase in gross revenue. In turn this should generate total sales to an approximate $40,000,000 per line per year. Further news on the test results will be forthcoming. Creative Recycling Technologies, Inc. is a technology company that is involved in the recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. business and is currently pursuing acquisitions in other high technology companies. For further information please contact Frank Pringle at 609-654-5145.
CONTACT: Frank Pringle, 609/654-5145
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