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Mexico Federal Electricity Commission Authorizes Additional $2.9MM in Cleanup Projects for ETI and UNAM.


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.  and UNAM Get Two More Generating Plant Cleanup Projects

CARLSBAD, Calif. -- Sub-Surface Waste Management of Delaware, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:SSWM SSWM Surface and Storm Water Management ) announced that the Federal Electricity Commission (C.F.E.) has authorized an additional $2.9MM USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 budget for the cleanup of two additional electric generating plants located in Merida, Yucatan and Lerma located in the State of Campeche. SSWM Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI) will enter into a subcontract agreement with the National Autonomous University of Mexico The National Autonomous University of Mexico (Spanish: , abbreviated UNAM) is a large public university in Mexico. It was founded on September 21 1551 as the Real y Pontificia Universidad de México  (UNAM) to perform the work expected to start before the end of the year.

CFE CFE Conventional Forces in Europe (treaty)
CFE Cash Flow to Equity (finance/accounting)
CFE Comisión Federal de Electricidad (México)
CFE Certified Fraud Examiner
 has previously authorized ETI and UNAM $3.989MM USD in cleanup projects at generating plans in Nachi Cocom in the State of Yucatan and at Francisco Villa in the State of Chihuahua in order to meet compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds).  from PROFEPA PROFEPA Procuraduría Federal de Protección al Ambiente (Spanish: Attorney General for Environmental Protection) , the environmental policy enforcement regulatory agency regulatory agency

Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S.
 of Mexico's Secretary of the Environment (SEMARNAT SEMARNAT Secretaría de Medio Ambiente Y Recursos Naturales (México) ). CFE has five major electric generating plants using hydrocarbon fuel sources which have caused significant contamination at the sites.

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, "Our working relationship with CFE and UNAM continues to thrive as we are pleased to have two more generating plant projects authorized for cleanup of hydrocarbon and metal contaminants bringing the total authorized work to $6.9MM USD. We expect to finalize the operating contract for the cleanup with CFE, ETI and UNAM and begin the project before the end of the year. As with our other CFE contracts, the ETI subcontract amount is subject to negotiation and project tasks, but ETI generally receives 70-75% of the authorized budget for the project and this amount is subject to increase due to engineering change orders after the project is commenced based upon final actual volumes of materials to be treated."

Beattie continued, "Many shareholders have asked us the significance of a government authorization. A written authorization from a government agency signifies that the funds have been allocated in their annual budget for the specific project and the authorization is the commitment to proceed with the work under the terms of a negotiated contract between the parties. Authorizations are typically signed by a government official of the department that has the budget for the project. In some cases ETI provides the contract proposal and the government entity authorizes all or a portion of the proposal and in other cases, the government entity already has a project and a budget which ETI reviews and accepts the authorization. The authorization is the first step prior to contract signing and signifies the availability of funds for a project as well as the government's proactive commitment to cleaning up the environment."

About Sub-Surface Waste Management

Sub-Surface Waste Management Inc. is a majority owned subsidiary of U.S. Microbics, Inc. (OTCBB:BUGS), and provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies. SSWM is capitalizing on its patented technologies registered in Mexico with SEMARNAT a Federal regulatory agency overseeing environmental compliance nationwide.

Investors and media contact Bruce Beattie at 760/918-1860, ext. 105 or bbeattie@bugsatwork.com; or learn about the company by visiting its Web site at www.subsurfacewastemanagement.com .

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 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 23, 2006
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