¶ SEVT: Summit Environmental Announces FlameOut Approved for Testing
LONGVIEW, Texas--(BUSINESS WIRE)--June 12, 2001--Summit
Environmental Corporation Inc. (OTCBB:SEVT) announced today that its
patented fire fighting agent, FlameOut(R), has been accepted by the
United States Forest Service for laboratory evaluation.
The Company began the application process with the United States
Department of Agriculture Forest Service's Missoula Technology
Development Center in December 2000. The initial purpose of the
application was to submit the formulation of FlameOut(R) for
acceptability in order to be tested by the Forest Service to qualify
as an approved fire suppressant.
The Company is now preparing the test samples for shipment to the
Missoula, Montana testing facility based on the acceptability
approval. After successful test approval, FlameOut(R) will be eligible
for possible procurement by the US Government. The Company already has
commitments for purchases in Canada, pending the U.S. Forest Service
approval.
Recently, there has been concern in the United States and Canada
over currently approved products containing phosphates, and even
banning of some of these products. The inclusion of phosphates in
agents used to extinguish fires has been discovered to disrupt the
ecological balance to the stricken areas, and also affects the water
supply, killing animals and fish. "FlameOut(R) will perform well in
this test, as it is nontoxic, with an HMIS rating of 0-0-0-0-B,"
states Keith Parker, CEO of Summit Environmental.
The Company was successfully using FlameOut(R) on a voluntary
basis in Florida in the 1998 summer wildfires, when usage was halted
by the National Guard, because FlameOut(R) did not have Forest Service
approval. Summit has extensive video footage of FlameOut(R) being used
to create fire breaks in Florida, saving some very expensive
sub-divisions by preventing fires from crossing a major highway. "The
completion of this test will create several new markets and customers
for FlameOut(R), some of whom are already committed to purchases,"
added Parker.
EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THE
MATTERS SET FORTH IN TODAY'S PRESENTATION ARE FORWARD-LOOKING
STATEMENTS WITHIN THE MEANING OF THE "SAFE HARBOR" PROVISIONS OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. THESE
FORWARD-LOOKING STATEMENTS ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT
MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY. THESE FORWARD-LOOKING
STATEMENTS SPEAK ONLY AS OF THE DATE HEREIN. SUMMIT DISCLAIMS ANY
INTENT OR OBLIGATION TO UPDATE THESE FORWARD-LOOKING STATEMENTS.
--30--jd/ph*
CONTACT: Summit Environmental Corporation Inc.
Keith Parker, 800/522-7841
