Cyclopss Completes Navy Acceptance Testing.
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.
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|Date:||Jul 2, 1999|
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