ZEOX Negotiating Long Term Supply Agreement to Provide ZMM(R) AZI
08 Junho 2009 - 10:00AM
Marketwired
Mr. LuVerne E.W. Hogg, President and CEO of ZEOX Corporation (TSX
VENTURE: ZOX) (OTCQX: ZOXCF)(FRANKFURT: ZED) is pleased to
announce, as a result of ongoing product testing and development,
the Company is negotiating a long term contract to supply a ZMM�
AZI (Activated Zeolite Injection) product. The ZEOX zeolite AZI
sorbent technology utilizes the Company's unique Chabazite zeolite.
The ZMM� AZIs were developed for the environmental remediation
markets including the removal of mercury from emissions in coal
fired power plants. The distinct advantage for ZEOX's ZMM� AZI
technology is that zeolite does not negatively impact the fly ash,
a by-product of coal burning facilities that is collected and sold
into the cement industry for cost recovery.
Environmental Protection Agency (EPA) has regulations for the
removal of mercury from stack gasses to commence in many states by
2010. The Canadian Department of Environment has implemented
similar regulations for all of Canada. A new market emerged as a
result of these environmental regulations. The best current
available technology is Activated Carbon Injection (ACI). When
used, ACI adds carbon to the fly ash produced from the power
plants. The carbon in the fly ash can be problematic when used in
the manufacture of concrete. Millions of tons of fly ash are used
in the United States and Canada for the production of concrete. The
addition of too much carbon into the fly ash in some instances
makes the fly ash unusable. The ZEOX AZI does not have this side
affect and in some circumstances may actually improve the fly ash
for its use in concrete.
For a more complete business and financial profile of the
Company, management encourages investors to view the Company's
documents posted on www.SEDAR.com.
On behalf of the Board of Directors
LuVerne E.W. Hogg, President and Chief Executive Officer
Legal Notice Regarding Forward Looking Statements: This news
release contains "forward-looking statements within the meaning of
applicable Canadian securities legislation. Forward-looking
statements are indicated expectations or intentions.
Forward-looking statements in this news release include that ZMM�
AZI will allow for successful removal of mercury from coal burning
gas streams, the U.S. may impose new rules to cut mercury
emissions, ZEOX may capture a share of the growing market to meet
power and cement industries' environmental needs, develop
collaborative opportunities for marketing ZMM� AZI, and ZEOX may
sign a Supply Agreement. Actual results may differ considerably
from these forward looking statements. The Company's products
involve detailed scientific knowledge and specific customer
adoption criteria, hence factors could cause actual results to be
materially different including that markets may not develop as
quickly as anticipated or at all, ZEOX may not be able to produce
products cost effectively or the Company's productive capacity may
not be large enough or specific enough to handle demand. ZEOX's
products may not work as well as expected. The U.S. may not impose
new mercury reduction rules. The Company has assumed current trends
will continue as indicated in this news release. Investors are
cautioned against placing undue reliance on forward-looking
statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: ZEOX Corporation LuVerne E.W. Hogg 877.767.0343
250-767-6134 (FAX) vhogg@zeoxcorporation.com
www.zeoxcorporation.com
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