Digital Gas, Inc.(fka DIGGQ)

[Buckey]

2005-11-30 13:26 ET - News Release



NEW YORK -- (Business Wire) -- Nov. 30, 2005

Digital Gas, Inc. (OTC Pink Sheets:DIGG) announced today
that Entropic Energy LLC has signed an agreement wherein Digital
Energy & Farming (DEF) will be the principal contractor on all
projects it originates involving waste-to-energy, bio-fuel and
farming. This will apply to pending and future tax incentive
financings (TIF) and associated municipal financings which will
henceforth be placed in the name of DEF or a Special Purpose
Corporation formed for each project.
¶ Entropic Energy and Digital Energy & Farming have agreed to expand
their business relationship in several important areas of
environmental concern, including additional waste-to-energy projects,
tire recycling and landfill reclamation. The projects being pursued
include both US and international sites.
¶ A partner of Entropic Energy has a pending waste-to-energy
agreement with a government client in the Persian Gulf. Entropic has
introduced DEF to this project to establish an adjacent farming
facility.
¶ Several waste collectors in the US have expressed interest in the
Entropic-DEF alliance for its potential to reclaim landfill real
estate. DEF is presently negotiating with multiple landfill owners and
several contracts are pending.
¶ Entropic Energy is also directing several tire recycling business
opportunities to DEF. The first tire recycling business will be
located in East St. Louis and will involve a variety of income
strategies including oil and gas production and other by-products.
Additional contracts are pending in Michigan and Illinois.
¶ The landfill reclamation business will be organized as joint
ventures with municipalities and private owners. These joint ventures
will involve the processing of in situ waste as well as new waste.
Depending on how a given plant is scaled, the landfill will
effectively disappear with only an attractive and environmentally
friendly Energy & Farming Center remaining to handle newly created
waste.
¶ DEF's research has found that there were at least 20,000 landfills
in the US in 1978 vs. at least 3,000 today. The estimated disposal
costs average $100 per ton, excluding the cost of land and other
costs. The total nationwide disposal cost is estimated to be in excess
of $25 billion. DEF's plan is to completely change worldwide waste
disposal economics from a cost center to a profit center with
additional benefits to local communities such as job creation,
increased tax base, reduced food and drug costs, reduced energy costs
and enhanced benefits to the environment such as removing waste matter
from unlined landfills thus mitigating ground water contamination.
Additional benefit and revenue will be derived from the use or sale or
recyclables not useable by the Entropic process, including the use or
sale of enriched soil. It is estimated that there are as many as
100,000 closed and potentially environmentally dangerous landfills of
various sizes in the US. DEF will be pursuing this business, either to
remediate or reclaim the land for beneficial social use and for
profit. Prior to the commencement of any project, DEF will conduct
site characteristic studies to enable it to address all problems
associated with landfill reclamation thoroughly and systematically.
¶ DEF will work with private landfill owners to enable cleared
landfill property to be donated to the communities. As previously
mentioned DEF will reinvest 10% of its income for the construction of
facilities that further the health, education and welfare of the
respective communities.
¶ Other cities, towns or corporations that would like to partner on
future projects should contact energy&[e-mail] or
[e-mail].
¶ In related news, Digital Energy & Farming has signed a joint
venture agreement for a major waste-to-energy plant in Canada that
will feature farming and bio-fuel operations and incorporate the
strategic use of fuel cells and ultracapacitors. DEF's joint venture
partner has applied for a significant government grant for the
project. Digital Gas will announce all of the details when government
and private funding is secured. This will be the first of many
projects that DEF's joint venture partner plans to develop and
commercialize in Canada.
¶ Digital Gas has been informed by its funding agents that initial
asset backed, interim and project funding will be concluded next
month.
Contacts:

Digital Gas, Inc.
Brian Smith, 732-927-4073
[e-mail]
Source: Digital Gas, Inc.