Summit Environmental's FirePower 911 Approved by Government of Chile.Business Editors LONGVIEW, Texas--(BUSINESS WIRE)--March 26, 2002 Summit Environmental Corporation, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SEVT) announced today the approval of FirePower 911(TM) by the Chilean Government Official Testing Facility. Summit and Marketing Perspectives, Inc., the company's strategic alliance partner for South America, have been involved with these test protocols for nearly two years. The approvals are for both Class A and Class B fires. The initial marketing of "Fire Suppressor Liquido 911" in Chile will be to the Caboneros or the Federal Police. Each officer will carry a can in a holster on their equipment belt. There are 18,000 officers on the Chilean force. In other news, Summit has submitted FlameOut flame·out n. 1. Failure of a jet aircraft engine, especially in flight, caused by the extinction of the flame in the combustion chamber. 2. One that fails suddenly, especially after having been successful. (R) to the United States Air Force United States Air Force (USAF) Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S. to begin testing for a Military Specification number which will certify FlameOut(R) as an approved replacement for AFFF. Summit, through its European strategic alliance partner, Pyrogen pyrogen /py·ro·gen/ (pi´ro-jen) a fever-producing substance. py·ro·gen n. A substance that produces a fever. UK Limited, just this week delivered its first shipment of FlameOut(R) to a European customer. FlameOut(R) has been approved as a replacement in Europe for 3M's AFFF. 3M pulled out of the AFFF market as of December 2001. AFFF is classified as a biohazard bi·o·haz·ard n. 1. A biological agent, such as a virus or a condition that constitutes a threat to humans, especially in biological research or experimentation. 2. and replacements are being sought worldwide. FlameOut(R) will outperform AFFF in terms of product used, water used, elapsed time, cost of extinguishment and most of all no biohazard cleanup is required. The photo album on the company's website www.summitenvironmental.com shows examples of FlameOut(R) used side by side with AFFF. Click on the FlameOut(R) label on the photo album selection or the website homepage. For more information, contact Keith Parker, 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. at (800) 522-7841. EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THE MATTERS SET FORTH IN TODAY'S PRESENTATION ARE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and OF 1995. THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY. THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE HEREIN. SUMMIT DISCLAIMS ANY INTENT OR OBLIGATION TO UPDATE THESE FORWARD-LOOKING STATEMENTS. |
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