OZLU - Ozolutions Incorporated (fka OZLU)

[jmhollen]

Hi joe,

Sounds like a good move. The AVHC B/A is now 0.095/0.10.

John

[joepcf]

I am still holding and even added at .14
Do I need to tell you just how much more AVHC I have picked up at .08.....YEHAWWWWWWWWWWWWWWWWWWWW

[jmhollen]

OZLU 0.145 +0.005 (+3.57%) 0.13 0.16 25,100

"...Thangs seem ta be looking up 'round h'yar.............



John

[jmhollen]

OZLU 0.145 +0.005 (+3.57%) 0.13 0.16 25,100

"...Thangs seem ta be looking up 'round h'yar.............


John

[jmhollen]

OZLU 0.145 +0.005 (+3.57%) 0.13 0.16 25,100

Things seem to be looking up 'round h'yar.............



John

[jmhollen]

Ozolutions Inc. Announces Long Term Financing Agreement

TORONTO, Jul 8, 2003 (BUSINESS WIRE) -- Ozolutions Inc. (OTCBB: OZLU), an
international distributor of water treatment systems announces that it has
obtained a commitment from U.S. Capital Inc., a San Diego California
corporation, to provide long term financing. The commitment from U.S. Capital is
for $5 million US in financing to Ozolutions that will be used to fund current
operations and expansion of our business. The financing commitment is comprised
of the following elements:

$2,500,000 will be provided in the form of secured senior debt.

The terms: 5 year with a 10-year amortization with an automatic option to extend
for another 5 years. Principal and interest will be due at the end of the loan
period.

8,000,000 restricted common shares will be issued with an option to put back to
Ozolutions 4,000,000 shares at $1,250,000 at the end of five years and the same
amount at the end of ten years.

The foregoing securities have not been registered under the Securities Act of
1933 and may not be offered or sold absent registration or an applicable
exemption from registration.

Ozolutions paid a $50,000 commitment fee to secure the financing. In addition,
Ozolutions will pay to U.S. Capital an annual consulting fee of $250,000 per
year for term of 10 years, which will automatically decrease to $125,000 if U.S.
Capital exercises its option to put 4,000,000 shares back to Ozolutions at the
end of five years.

Ozolutions believes that this long term financing will enable it to expand its
sales and marketing efforts for its chemical free water treatment technologies
and fund future expansion of our business including the acquisition of North
American water treatment distribution companies.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for
forward-looking information made on the Company's behalf. All statements, other
than statements of historical facts which address the Company's expectations of
sources of capital or which express the Company's expectation for the future
with respect to financial performance or operating strategies, can be identified
as forward-looking statements. Such statements made by the company are based on
knowledge of the environment in which it operates, but because of factors that
are not anticipated or are beyond the control of the Company, actual results may
differ materially from the expectations expressed in the forward-looking
statements.

SOURCE: Ozolutions Inc.

CONTACT:
Ozolutions Inc.
Max Weissengruber, 416/490-0254
Fax [phone]
www.ozolutions.com

[Dora]

Maybe I will :-$)))

[jmhollen]

Well.............

You should teach her.


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[Dora]

It is, but she know so little of investing, you will not see many posts by her
LE

[lordernie]

I ask the BIG BOSS of Ihub, to give you the creditpoints, but I don't know how much he will give you???

If you cann't stand the heat, stay out of the kitchen :-$))

[jmhollen]

Dora................!!

Could this possibly be the Mommie of my gorgeous Goddaughter...?!?

WELCOME...", "....VELKOMMEN...","....HOWDY...", "....MAKE YA'SELF AT HOME -
TAKE YA SHOES OFF & SET A SPELL...", "...BUENOS DIAS..." !!!!

Please give Evi a big "...Toe Squeeze..." for me....


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[jmhollen]

"....HOT DAM*...."!! Good ol' lordernie is now an iHub Lifer....!!

http://www.investorshub.com/boards/profile.asp?user=1143

".....yeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaw......"!!!


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[Dora]

Water in need
Water in deed

[jmhollen]

10-4. Good news is always cool.............


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[redrc]

I hope there will be more good news this month!!!

[jmhollen]

Ozolutions Inc. Announces West Coast Agent's Success in Wide Variety of ELCE Water Activation Applications

TORONTO, Dec 19, 2002 (BUSINESS WIRE) -- Ozolutions Inc. (OTCBB: OZLU), a
Toronto-based international distributor of chemical-free water treatment,
announces initial success of its Western Canada agent in installing ELCE
activated water systems in a number of different treatment situations.

Now that the United Nations has designated 2003 as "The Year of Water,"
Ozolutions intends to maximize the penetration of its innovative water treatment
technologies.

Successful shrimp larvae tests in Panama proved that ELCE activated water
created larger and healthier shrimp larvae in a shorter period of time. In
British Columbia, ELCE water activation is now being tested with black cod in
the belief that the success with shrimp larvae may also produce similar results
in growing larger and healthier black cod.

Similar tests are being conducted with scallops and shrimp operations since
Ozolutions believes that it can be an industry leader in British Columbia by
supplying water treatment to improve the profitability and product quality in
fish, shrimp and scallop industries.

In Western Canada, there are also ELCE trials underway in wine making operations
to determine if water activation can improve the taste of wines. In addition,
some communities in British Columbia have serious "smell" problems associated
with their water, as well as heavy concentrations of iron which produce
discoloured water. Initial testing has indicated that odours and discolouration
have been significantly reduced when treated by ELCE water activation.

Max Weissengruber, president of Ozolutions, stated that "We are constantly
discovering and testing new applications for ELCE water activation. We already
knew that the passing of water through ceramic balls made from volcanic rock
produces electrical energy that can eliminate the buildup of rust, scale and
corrosion in water systems.

"However, we are now finding that ELCE can also generate significant
improvements in field crops such as melons, lettuce and asparagus,"
Weissengruber said.

"Ozolutions is also exploring other applications for a technology that appears
to have great ability to improve the growth and overall health of plants and
animals treated with ELCE water activation units," Weissengruber concluded.

ELCE uses a chemical free system, the products carry a ten year guarantee, are
easily installed, require no maintenance and are available in a wide range of
sizes to accommodate water flows required in most industrial and commercial
systems.

Ozolutions is committed to offering productivity solutions for industries which
provide food products for the world.

Safe Harbour Statement under the Private Securities Act of 1995. Except for the
historical information herein, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties, including but
not limited to economic, competitive, governmental and technological factors
affecting the Company's operations, markets, products and prices, and other
factors discussed in the Company's various filings with the Securities and
Exchange Commission.

CONTACT: Ozolutions Inc.
Max Weissengruber, 416/490-0254
Fax: [phone]
www.ozolutions.com
www.ozluspecial.com
or
ELCE International
Claudio Sgarbi, (41) 91-646 90 22
Fax: [phone]
www.elce.ch

.

[jmhollen]

OZLU's ELCE Water Activator Test Boosts Shrimp Larvae Development Dramatically, Increases Size by Up to 20% At Panama Cultivation Farm Survival Rate Jumps from 70% to 92%; CEO Sees "Significant Potential"

TORONTO, Dec 10, 2002 (BUSINESS WIRE) -- Ozolutions. Inc. (OTCBB: OZLU) had
"extremely positive" news about the advanced technology ELCE "water activator"
it markets.

The product passed a year-long test of its effectiveness at a Panamanian shrimp
nursery, Pacific Larval Centre Inc. The ELCE activator technology increased
larvae size up to 20%, and boosted the survival rate of the shrimp larvae from
70% to 92%.

Bronchial development, a key indicator of strong, healthy strong growth,
achieved 100% of the anticipated development in only 9 to 10 days, compared with
the traditional average of 60% to 80% development after the full 19-day
development cycle.

Pacific Larval produces and cultivates shrimp larvae supplying them to shrimp
farms in Central and South America for further growing and commercial sale. ELCE
activation was also used to treat algae (the basic food of the larvae) and was
found to improve the growth enhancing characteristics of this food source.

Ozolutions has been testing ELCE water activation on both the algae and larvae
to demonstrate the effectiveness of the process, which sends water through
tumbling ceramic balls, creating electrical charges and improving the properties
of the water.

Ozolutions has been awaiting positive results from this year of testing, before
launching a sales campaign to the shrimp industry of Central and South America
and the Caribbean.

Said Ozolutions President Max Weissengruber: "There are clear indications that
by improving the growth-enhancing characteristics of algae, the food source for
shrimp larvae, and by using ELCE water activation in the laboratory tanks in
which the larvae are grown, significant larvae growth and development can be
achieved while the average mortality rate is reduced.

"There are significant numbers of shrimp larvae laboratories in Central and
South America," he said, "and Ozolutions intends to vigorously pursue these
opportunities now that there is clear evidence of the commercial productivity
improvements to be gained from ELCE technology."

Ozolutions is now installing similar ELCE test units at scallop, salmon and
black cod operations in Canada.

"We believe that there is great potential for Ozolutions to promote the use of
ELCE water activation in a wide variety of aquacultural industries where steady
growth, high survival rates and overall healthy development are key commercial
objectives for these important food industries," said Weissengruber.

Safe Harbour Statement under the Private Securities Act of 1995. Except for the
historical information herein, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties, including but
not limited to economic, competitive, governmental and technological factors
affecting the Company's operations, markets, products and prices, and other
factors discussed in the Company's various filings with the Securities and
Exchange Commission.

CONTACT: Ozolutions Inc., Toronto
Max Weissengruber, 416/490-0254
Fax: [phone]
www.ozolutions.com
or
ELCE International
Claudio Sgarbi, (41) 91-6469022
Fax: [phone]
www.elce.ch

[lordernie]

BIG NEWS:
Ozolutions Inc. Files 10KSB; Firm Moves from Development Stage to Active Status With First Sales and Operating Funds Report Details Proposed Acquisition to Usher OZLU Into U.S. Water Purification Market

TORONTO, Dec 6, 2002 (BUSINESS WIRE) -- Ozolutions Inc. (OTCBB:OZLU) filed its 10KSB report for the fiscal year ended Aug. 31, 2002.
Ozolutions has moved from a development stage company to an operating company with its first sales in the amount of $134,885 in the year ended Aug. 31, 2002. With the cancellation of a $1 million obligation for marketing rights, it faces the new fiscal year with adequate operating funds, according to Max Weissengruber, president.

The report also details progress on a potential acquisition which would usher Ozolutions and its state-of-the-art water purification products into the U.S. market. The company currently operates in Canada, Mexico, Central and South America and territories bordering the Caribbean.

Pending completion of financing, Ozolutions has agreed to acquire Electrical Systems Engineering, a U.S. distributor with $6 million in annual sales, for $1.5 million, and Specdex Inc., a software company which can put the Ozolutions product catalog online before U.S. retailers nationally, for 4.5 million shares of OZLU stock. The two firms would be combined into a distribution division allowing access to the U.S. water purification market.

"We have two advanced products, Hankin and ELCE, and the requisite marketing rights. Production of Hankin's EntrOzone will begin in the 1st quarter of 2003 with significant testing throughout the same period," said Weissengruber. "We have our first sales behind us, we have operating funds and we are now ready to focus our attention on selling our products."

Total assets at the end of Fiscal Year 2002 were $859,917 vs. $897,777 for the previous year. Total liabilities for Fiscal Year 2002 dropped to $26,884 vs. $1,270,876 for the previous year.

Ozolutions' net loss was $542,419 in 2001 compared to $386,422 in 2002 while stockholder equity changed from a deficiency of $373,099 at Aug. 31, 2001, to an equity position of $833,033 at Aug. 31, 2002.

For the complete 10 KSB filing go to: www.nasdaq.com. Symbol "OZLU" and click on NEWS.

Safe Harbour Statement under the Private Securities Act of 1995. Except for the historical information herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices, and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

[lordernie]

NEWS OUT

OZLU And Its Vision Featured In Special Edition Profile
TORONTO, Nov 8, 2002 (BUSINESS WIRE) -- Ozolutions, Inc. (OTCBB:OZLU) is featured in an issue of Special Edition, published online today at www.ozluspecial.com. The article presents a comprehensive profile of the company and its vision.

"OZLU is working to provide clean, healthy, uncontaminated water by treating water with new, more effective and healthier methods," says the article.

The presentation continues: "We believe that our opportunities are great, that our plan is sound and workable, that our company can provide effective treatment solutions and one in which you'll be proud and happy to be a shareholder."

The article details Ozolutions' business plan: Most water "purification" in the world, it states, is accomplished by adding chlorine. But chlorine is a toxic substance which can create environmental damage.

"We searched the world for better ways to treat and de-contaminate water. We found several. Two of these advanced technologies, we really liked.

"One uses a combination of ozone, ultra-violet and filtration technologies -- Good for making water drinkable.

"The other uses water activation, a unique method of passing water through tumbling ceramic balls that change the properties of the water -- Good for industrial/commercial use and food production.

"A major challenge, is marketing those technologies which we achieve by recruiting the most successful local distributors in areas we serve and working with them to find effective and profitable solutions to the ever increasing number of water related problems.

The presentation features the vision of Ozolutions and its CEO, Max Weissengruber:

"It is important for shareholders to earn a positive return on their investments. It is even better if we can help to preserve the world's most precious and beneficial resource. Our vision: To enhance shareholder returns and have a positive impact on our environment"

Safe Harbour Statement under the Private Securities Act of 1995. Except for the historical information herein, the matters discussed in this press release are forward looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices, and other factors discussed in the Company's various filings with the Securities and Exchange Commission.


CONTACT: Ozolutions Inc.

Max Weissengruber, 416/490-0254
Fax: [phone]
www.ozolutions.com

[lordernie]

tried to buy more but ask up again!
Green is the color of OZLU lol

[jmhollen]

Nice to see some green on the boards lately.....


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[lordernie]

up 40% already in a few weeks and not on big volume, but slow and steady :-$)))

[lordernie]

chart http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=ozlu&time=3&freq=7

[jmhollen]

Or, "...squeaky clean..." if you add a little soap to it...!!

Ha ha ha.


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[lordernie]

TORONTO--( BUSINESS WIRE)-- September 3, 2002 - Ozolutions Inc.( OTCBB-OZLU), Toronto based international distributor of water treatment systems, announced completion of several important Latin American sales missions.

ELCE MISSION-PERU: ELCE activated water treatment solutions were proposed to a major fish meal producer for use both on board fishing ships and on shore processing plants. The purpose: to ensure that fish meal species arrive in good health and retain the highest level of protein to achieve maximum selling prices for the producer. Initial proposals for up to three ELCE units, each in excess of $100,000 US, have been submitted for installation on fishing vessels. There are potential sales to other vessels in the fish meal fleet as well as installations in Peruvian fish meal processing plants with ELCE water activation offering significant productivity gains within a relatively short payback period. Ozolutions also explored ELCE use in kidney dialysis applications where water quality is such a critical health factor. Melon, tomato and asparagus operations are major industries in Peru which could also benefit from ELCE water activation already proven in other agricultural locations.

ELCE-ONGOING COSTA RICAN SALES PROGRAM: Preliminary tests of ELCE equipment in concrete production demonstrated an 11 percent reduction in cement usage while maintaining the required levels of resistance and workability of the finished concrete. Additional testing may also determine if less water may also be used with ELCE units. With cement being a major cost component in the concrete industry, ELCE technology represents a major growth opportunity . In addition, Ozolutions is actively exploring ELCE applications for use in boilers, laundries, refrigeration plants, cooling towers as well as hospitals, hotels and the food processing industry.

In Canada, an initial installation at a printing plant demonstrated that ELCE water activation effectively replaced the use of chemical solutions to reduce the surface tension of water when combined with ink. The result: savings in the cost of chemicals, a slight reduction in paper spoilage, and reduced contamination of the non-image area of the printing plate. Ozolutions is now selecting several additional printing plant installations to determine if ELCE can also reduce ink usage and the rate of wear on metering rollers which dampen the printing plates with the ink/ water emulsion. In the highly competitive printing industry, ELCE potential to increase productivity and/or reduce costs represents a significant market opportunity which the company will aggressively pursue in Canada.

HANKIN OZONE-COSTA RICA: Ozolutions also recently concluded an extensive Hankin Ozone sales mission in Costs Rica. The company visited several large municipalities where there is concern over the presence of organic material in the water supply. which, when combined with the chlorine currently being used , can produce trihalomethanes a potentially serious health threat. Ozone can replace chlorine currently being used in these water treatment systems. The company also visited two major tourist developments requiring comprehensive water treatment systems, one of which will contain 7 hotels, high rise condominium hotels and individual condominium units, with the complex providing a total of 6000 rooms . Proposals for a ozone based water treatment system for this major complex are already underway with Hankin ozone based solutions representing significant public and private sector sales opportunities in Costa Rica.

Max Weissengruber, Ozolutions President stated that" Ozolutions is well positioned to capitalize on the growing preference for non chemical water treatment methods with both ELCE and Hankin ozone technologies providing proven, environmentally friendly solutions for a wide range of water treatment problems for both health protection and industrial/commercial productivity gains".

[lordernie]

TORONTO--( BUSINESS WIRE)--May 22, 2002 - Ozolutions Inc.( OTCBB-OZLU), Toronto based international distributor of chemical free water treatment systems is pleased to announce that it has signed a letter of intent to acquire all the outstanding common and preferred shares of Specdex Inc., (www.specdex.com) Berkeley, California based provider of assisted selling solutions for wholesale and distribution firms. Specdex equips its customers with the first Internet-based, catalog focused facility to reduce product search and configuration time by as much as 90%. As a distributor of water treatment products, Ozolutions believes that the acquisition of such a powerful distribution technology will significantly increase its own ability to penetrate the United States and an expanding number of markets. Ozolutions will also benefit from Specdex Division revenues and the company's major customer contacts

Ozolutions will acquire all Specdex shares by issuing 4,536,500 restricted common shares. This transaction will be preceeded by Ozolutions acquisition of the assets and undertakings of Electrical Systems Engineering ( ESE) of Bowling Green, Kentucky. ESE is a long established distributor of electrical equipment and supplies, generates annual sales of approximately six million dollars, annual profits of approximately $400,000 and has net assets of $ 3,200,000. Ozolutions has agreed to post as collateral or sell to an agreed upon financial institution arranged by Specdex, up to two and one-half million restricted common shares of Ozolutions Inc. which will be used to purchase the assets of ESE.

Once acquired, ESE will be fully managed by Specdex which will be able to use the ESE facility as a laboratory for refining and improving Specdex distribution software and which prospective customers can visit to see Specdex at work in a typical wholesale distribution company. Max Weissengruber, Ozolutions President stated that " Distribution of water treatment units in the US requires a nationwide distribution capability since there is intense competition and buyers who are dispersed all across the US. Dealing with a large number of local dealers or agents without a system that can serve all areas with current product, pricing and delivery information can be very difficult. That is why Ozolutions is excited by the Specdex capability to provide both suppliers and consumers across the United States with the information they need to source Ozolutions product solutions no matter where they are located."

Bill Hurley, Specdex Chairman, concluded that his own lengthy experience as Group Chairman of Winholesale, with 350 plus branches across America " " Convinced me that effective distribution of plumbing, electrical and building supplies requires a convenient, up-to-date custom quote and ordering processing system . Specdex will charge a wholesale company an initial fee to establish and maintain their company wide system and a fee for each branch as well require an annual maintenance fee. Our aim is to establish long term relationships with our customers which will also result in a recurring annual fee."

Ozolutions expects both the Specdex and ESE transactions to be concluded upon completion by the required due diligence by all parties.

[lordernie]

TORONTO-( BUSINESS WIRE )-May 21,2002. Ozolutions INC. ( OTCBB: OZLU), Toronto based international distributor of environmentally friendly water treatment systems is pleased to announce a final settlement with Hankin Ozone Systems Ltd. for the exclusive marketing rights to distribute the products of Hankin Ozone Systems in Mexico, Ontario and non exclusive rights for the Caribbean Zone.

Ozolutions had previously purchased said rights from 1421209 Ontario Limited for $ 1,017, 217 and the issuance of 8,000,000 common shares of Ozolutions Inc. The $ 17.217 was paid in June of 2000 and the 8,000,000 shares were issued in November. 2000. The additional payment of $1,000,000 to 1421209 Ontario Limited, which had not previously been paid, will no longer be required since Ozolutions directly paid Hankin $50,000 on April 19, 2002 for these marketing rights and for future consideration of additional territorial and product rights.

As a result of this agreement with Hankin, Ozolutions will write off the net marketing rights of $ 763,710, eliminate the remaining obligation of $ 1,009, 500 to 1421209 Ontario Limited and record an estimated extraordinary gain of $ 237,179 in Ozolutions third quarter ending May 31, 2002. In addition, Ozolutions will expense the $ 50,000 already paid to Hankin.

Hankin Ozone Systems will commence production of its new EntrOzone multi-barrier protection unit which is designed for use in individual homes, farms and leisure properties not served by properly treated water supplies. In Ontario alone, there are more than 800,000 homes on individual wells, many of which show significantly high levels of microbial contamination. Given the increasing number of contaminants found in private water supplies, the EntrOzone is designed to eliminate bacteria, viruses, parasites, many chemicals and heavy metals. This capability to eliminate a broad spectrum of water borne contaminants is made possible by Hankin's integration of three proven treatment technologies- ozonation, ultra violet and activated carbon filtration, none of which introduce harmful chemicals into the environment.

Ozolutions intends to aggressively market the EntrOzone in Ontario, Canada's largest market, one that is acutely aware of the importance of pure drinking water since the May 2000 E.coli water crisis that affected so many citizens of Walkerton, Ontario. This event triggered a major public investigation of the Walkerton events and refocused regulatory attention on the importance of safe drinking water.

HankinOzone Systems have designed and installed many ozone based water treatment systems around the world with particular success in the bottled water industry, municipal water supply and cooling towers. Max Weissengruber, Ozolutions President stated that " Ozolutions anticipates strong demand for the EntrOzone since more and more individual homes are being required to provide their own water treatment systems which are as important as heating, ventilation and air conditioning for home comfort and family safety".

[lordernie]

JAN 2002

TORONTO -- (BUSINESS WIRE) -- Ozolutions Inc. (OTCBB:OZLU), Toronto based international marketer and distributor of water treatment systems,is pleased to announce progress on the acquisition of exclusive Canadian marketing rights to the water activation products of ELCE International Inc. Ozolutions currently has non-exclusive rights for Panama. Ecuador, Mexico, Jamaica, Costa Rica, Peru and the Caribbean Zone.

ELCE International holds the world wide marketing rights to patented Japanese technology that is environmentally friendly,simple to install and maintenance free. The ELCE Water Activator, developed in Japan, changes the physical properties of water without removing or adding chemical impurities, ions or minerals. The specially hardened ceramic balls contained inside the ELCE device rotate and rub against each other, a reaction caused by the flow of water passing through the equipment. The friction caused by the interaction between the water and the ceramic balls generates several electrical energies producing significant benefits in a number of water system applications.

Scale build up inside water pipes is removed increasing energy efficiency, flow rate and overall operating efficiency. Agricultural productivity is also improved through better plant absorption of water and nutrients, increased root growth, thicker stems and increased crop yields. Fish and shrimp farming operations, using activated water, benefit from greater plankton and algae growth, prime food sources for healthy shrimp growth.

CURRENT SHRIMP FARM TRIALS
Ozolutions is currently conducting shrimp farm trials in Panama and Ecuador. ELCE units are being tested to determine if the following results can be achieved in Panama and Ecuador.


OBJECTIVES OF FIELD TRIALS:
to demonstrate that with the use of ELCE technology, shrimp larvae will grow faster, in a shorter period of time and with a reduction in mortality.

If ELCE water activation proves successful in these two trials, shrimp farm operators should be able to improve profitability since bigger, healthier shrimp, grown in a shorter period of time may help provide a better return on investment with equipment payback calculated within a two year period.

Based on potential positive test results, Ozolutions projects ready adoption of ELCE equipment in the laboratories of the more than 200 shrimp farms in Panama and Ecuador with initial projections of up to U.S.$ 15 million in shrimp industry sales. Similar gains in melon and lettuce crop improvements have been achieved with ELCE equipment, market opportunities Ozolutions will also be pursuing.

To assist Ozolutions to exploit these significant opportunities, Claudio Sgarbi, President of ELCE International, has agreed to supply the services of its most experienced technician for one year to help install and monitor ELCE systems and train Ozolutions agents and personnel in Canada and other markets in which it will be operating.

Ozolutions has agreed to acquire exclusive Canadian rights to ELCE products and technology for 25,000 restricted common shares and an annual quota of 300 ELCE units, with quarterly purchases of 75 units required under a letter of credit. Based on positive sales results in Canada, ELCE International has agreed to consider granting marketing rights for other countries and markets that Ozolutions may wish to enter.

Given the wide range of all potential ELCE applications for industrial, commercial and food growing industries, Ozolutions projects 12 month sales of approximately U.S $30 million.

Max Weissengruber, Ozolutions President commented that "Businesses throughout the world are committed to reduce operating costs and improve productivity as a way to achieve sustainable growth and profitability. We believe that ELCE technology can be a powerful tool to help companies achieve important corporate objectives".

[lordernie]

Have already more then 100k of OZLU ;-$))
I will be drown in this water (lol)

[jmhollen]

You're going to be awash in water shares soon, LE........

Ha ha ha.


John

Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!

[lordernie]

GOT the 7.5 K Will try for an other 6.5K

[lordernie]

I am in and will try to buy more now 7.5k at ask 0.13

[jmhollen]

Ozolutions Completes Promising Sales Missions

TORONTO, Sep 3, 2002 (BUSINESS WIRE) -- Ozolutions Inc. (OTCBB:OZLU), Toronto based international distributor of water treatment systems, announced completion of several important Latin American sales missions.

ELCE MISSION-PERU: ELCE activated water treatment solutions were proposed to a major fish meal producer for use both on board fishing ships and on shore processing plants. The purpose: to ensure that fish meal species arrive in good health and retain the highest level of protein to achieve maximum selling prices for the producer. Initial proposals for up to three ELCE units, each in excess of $100,000 US, have been submitted for installation on fishing vessels. There are potential sales to other vessels in the fish meal fleet as well as installations in Peruvian fish meal processing plants with ELCE water activation offering significant productivity gains within a relatively short payback period. Ozolutions also explored ELCE use in kidney dialysis applications where water quality is such a critical health factor. Melon, tomato and asparagus operations are major industries in Peru which could also benefit from ELCE water activation already proven in other agricultural locations.

ELCE-ONGOING COSTA RICAN SALES PROGRAM: Preliminary tests of ELCE equipment in concrete production demonstrated an 11 percent reduction in cement usage while maintaining the required levels of resistance and workability of the finished concrete. Additional testing may also determine if less water may also be used with ELCE units. With cement being a major cost component in the concrete industry, ELCE technology represents a major growth opportunity . In addition, Ozolutions is actively exploring ELCE applications for use in boilers, laundries, refrigeration plants, cooling towers as well as hospitals, hotels and the food processing industry.

In Canada, an initial installation at a printing plant demonstrated that ELCE water activation effectively replaced the use of chemical solutions to reduce the surface tension of water when combined with ink. The result: savings in the cost of chemicals, a slight reduction in paper spoilage, and reduced contamination of the non-image area of the printing plate. Ozolutions is now selecting several additional printing plant installations to determine if ELCE can also reduce ink usage and the rate of wear on metering rollers which dampen the printing plates with the ink/ water emulsion. In the highly competitive printing industry, ELCE potential to increase productivity and/or reduce costs represents a significant market opportunity which the company will aggressively pursue in Canada.

HANKIN OZONE-COSTA RICA: Ozolutions also recently concluded an extensive Hankin Ozone sales mission in Costs Rica. The company visited several large municipalities where there is concern over the presence of organic material in the water supply. which, when combined with the chlorine currently being used , can produce trihalomethanes a potentially serious health threat. Ozone can replace chlorine currently being used in these water treatment systems. The company also visited two major tourist developments requiring comprehensive water treatment systems, one of which will contain 7 hotels, high rise condominium hotels and individual condominium units, with the complex providing a total of 6000 rooms. Proposals for a ozone based water treatment system for this major complex are already underway with Hankin ozone based solutions representing significant public and private sector sales opportunities in Costa Rica.

Max Weissengruber, Ozolutions President stated that "Ozolutions is well positioned to capitalize on the growing preference for non chemical water treatment methods with both ELCE and Hankin ozone technologies providing proven, environmentally friendly solutions for a wide range of water treatment problems for both health protection and industrial/commercial productivity gains."

Ozolutions Inc. is a NASD-OTCBB listed company whose quotation symbol is "OZLU".

CONTACT: Ozolutions Inc. Max Weissengruber, 416/490-0254 Fax: [phone] www.ozolutions.com or ELCE International Claudio Sgarbi (41) 91-646 9022 Fax: [phone] www. elce.ch

.