SSPC Announces Licensing Agreement with Millennium Fuels USA; SSPC and Millennium Fuels USA Will Market a Blended Biobased Additive for Gasoline.Business Editors and Energy Writers SHREVEPORT, La.--(Business Wire)--Sept. 12, 2000 Southern States Southern States U.S. Confederacy government of 11 Southern states that left the Union in 1860. [Am. Hist.: EB, III: 73] Dixie popular name for Southern states in U.S. and for song. [Am. Hist. Power Company (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. : SSPC SSPC Society for Protective Coatings (formerly Steel Structures Painting Council) SSPC Steel Structures Painting Council (now Society for Protective Coatings) ) announced today a licensing agreement with Millennium Fuels USA (MFUSA), LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Together they have developed and will manufacture "White Lightning" a 125 Octane and Fuel System Cleaner. "White Lightning" is a Biobased fuel additive that will be marketed to a major International Distributor (Contract to be finalized by October 1, 2000) for automotive and diesel products. Lawrence W. Taggart, Chairman/CEO of SSPC and Willard G. McAndrew, III, President of MFUSA stated "White Lightning is the first Biobased fuel additive to provide these combined benefits to motorists and meet the spirit and intent of Executive Orders 13101 and 13134 signed by President Clinton in 1998." Importantly, as this additive is all Biobased it is also safe and environmentally responsible. More technology transfers are under review as the two companies look to combine forces in the area of Biobased Biofuels. About Millennium Fuels USA: MFUSA (www.millenniumfuels.com) is headquartered in Plano, Texas and is a producer of High-Octane Ethanol. MFUSA is the only U.S. manufacturer with MTBE-Free Unleaded High octane/High performance racing fuels. MFUSA is the Official Fuel Sponsor for the American Power Boat Association The American Power Boat Association was started in 1903 as a racing association for powerboats. It is the sanctioning representative for the U.I.M., Union Internationale Motonautique, the world governing body, in the United States. (APBA APBA American Power Boat Association APBA Asociación de Psicólogos de Buenos Aires (Spanish) APBA Australian Power Boat Association APBA Autoridad Portuaria de la Bahía de Algeciras (Spanish) ), (www.apba.org), Pacific Offshore Series (www.pacificoffshore.com), and the Great Lakes Silver Cup Series Offshore Racing Organizations (www.silvercupseries.com) and the 600 Racing Series (www.600racing.com). About Southern States Power Company: SSPC (www.sspowerco.com) has been aggressively marketing OXyG B-60 Biodiesel to customers in Arizona and nationally as a more cost-effective alternative to the purchase of alternative fuel vehicles (AFV AFV Alternative-Fuel Vehicle AFV America's Funniest Home Videos (TV show) AFV Armored Fighting Vehicle AFV America's Funniest Videos AFV Amniotic Fluid Volume AFV America's Funniest Home Video AFV Avantage Fiscal ). (See press releases dated August 3, 1999 and April 10, 2000, entitled "Southern States Power Company Was Awarded Contract for OXyG B-60 Biodiesel from the Deer Valley Unified School District Deer Valley Unified School District (or DVUSD) is a school district headquartered in Phoenix, Arizona. DVUSD the largest school district in the state of Arizona and serves a portions of northern Phoenix, Glendale, and Peoria. "). SSPC is a Biofuels and Energy Resources Company that entered the alternative biofuels market during fiscal year 1999 by commencing with the development of a Biodiesel fuel division. Biodiesel is a cleaner burning, environmentally friendly alternative to petroleum diesel fuel that is produced from renewable and recycled vegetable oils. This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to SSPC web site (www.sspowerco.com) or MFUSA web site (www.millenniumfuels.com) and other sources for detailed information, or call SSPC at 318/221-5703 or MFUSA at 972/808-0100. |
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