EarthFirst Technologies Publishes Carbon Test Results.
The report states, "The summation of the work has verified that this is a very unique particle and has no equivalent we are aware of. Due to its unique formation method it can be used as is or economically modified to produce a functionalized polymer that can replace the petroleum based chemical polyurethanes with a less expensive recycled product made from reclaimed tires."
The report also discusses work that is currently underway to further improve the performance of the carbon by adding reactive compounds to the carbon which allow it to completely react and form an interfacial bond with a given urethane matrix. This opens markets for application to all plastics.
Improved physical characteristics, reduced cost by reducing the percentage of prime polymer in the system, increased recycled content of the finished product, are some of the reported advantages when compared to existing fillers.
Dr. Robert B. Turner, formerly the Senior Research Scientist of Dow Chemical's Polyurethane Research Department for 35 years, has been issued 70 patents and has published over 100 scientific papers in this field. Thomas M. Kurth, director of Product Development for EFTI, has 27 years in the urethane, plastic, and rubber industries, invented the process for SoyOyl, a biobased polyol, and was issued the pioneer patent for the use of vegetable oils to manufacture cellular plastic materials (polyurethane plastics).
As previously reported, Oak Ridge National Laboratory ("ORNL") has published its findings on the emission status of the CAVD plant. The carbon report validates the applications and viability of the major product produced by the plant. The text of both of these reports can be found on our website http://www.earthfirsttech.com.
The ORNL certification and the abovementioned carbon report are validations needed by EFTI to conclude contracts for the sale of our plants and the resultant carbon.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of EFTI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future EFTI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and EFTI has no specific intention to update these statements.
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|Date:||Sep 30, 2004|
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