Printer Friendly

Cyclopss Completes Navy Acceptance Testing.

SALT LAKE CITY--(BW HealthWire)--July 2, 1999--

Cyclopss Corp. (OTC BB:OZON) Friday announced that it has completed the acceptance testing on the first ECO-WASH LAUNDRY SYSTEM sold to the Navy.

The system was installed at Naval facilities on Coronado Island, of the coast of San Diego.

The ECO-WASH system exceeded the required results in all categories even though being challenged by an extremely difficult classification of dirty products, oily mechanics towels.

The Navy realized a 16 1/2 month payback against the system cost by; reducing chemical costs by 77%, water and sewer fees by 51%, labor costs by 29% and by using only cold water eliminating 100% of the energy costs associated with traditional hot water washing.

The company and the Navy are already investigating additional sites for the system which as a result of the success of this exercise, will now be pre-approved for purchase without competitive bidding required.

In other news: The company has temporarily abandoned its attempt to initiate its recently adopted New Business Strategy due to several factors, the primary being the difficulty in locating the required financing, due to interest and the extremely low current market value of its shares. As a result Dennis Kyger, and The Strategy Group will no longer be employed by the company.

CYCLOPSS is a world leader in the development of ozone technology and applications for healthcare and food processing industry.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 2, 1999
Words:234
Previous Article:Hanover Direct Announces Retention of Bear Stearns.
Next Article:LanChile to Represent LanPeru in the U.S.
Topics:


Related Articles
ALMOST READY TO FLY BOEING PROTOTYPE MOVES CLOSER TO FIRST FLIGHT.
JET TEST PHASE ENDS.
LOCKHEED PREPARES X-35C FOR FIRST FLIGHT.
LOCKHEED JOINT STRIKE FIGHTER GOES ON MAIDEN FLIGHT.
FIGHTER PROGRAM ON TRACK FOR NEXT PHASE IN FLIGHT TESTS.
CROSS-COUNTRY FLIGHT FIRST FOR JET EDWARDS-TO-MARYLAND TRIP MILESTONE FOR NEW JOINT STRIKE FIGHTER PROJECT.
X-35C A SUCCESS IN NAVY TESTING.
NAVY PLANS WAR GAMES NET SYSTEM AT HUENEME; SIMULATED THREATS TO TEST TROOPS, CRAFT.
DRS awarded Navy contract to provide engineering services for combat system computer networks.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters