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FASC news First American Scientific Corp. (OTCBB:FASC) announces site acquisition and commencement of construction of zeolite processing facility at Princeton B.C.
6/14/2004 1:20:00 PM

First American Scientific Corp. (FASC) announces site acquisition and commencement of construction of zeolite processing facility at Princeton B.C.

TORONTO, Jun 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- First American Scientific Corp. (OTCBB.FASC) announced today that United Zeolite Products Ltd. (UZP), a joint venture company owned by Zeo-Tech Enviro Corp. (CA:ZEO), C2C Zeolite Corporation (CA:CZC) and First American Scientific Corp. (FASC) have commenced construction of their zeolite processing plant located in Princeton, B.C.

On May 15, 2004, UZP completed the purchase of a 5 acre parcel of industrial land which will become the future home of their first full capacity zeolite processing facility in Canada. The plant will integrate ZEO's, C2C's and FASC's resources and expertise to produce sufficient micronized zeolite to fulfill the requirements of UZP's $ 5,000,000 contract with Halliburton Group Canada.

Site excavation work was completed in early June and construction of pre-fabricated buildings for the project is underway. Structural and electrical engineers are now on site. Our goal is to be operational by mid August 2004.

As previously announced, C2C and Halliburton Group Canada completed the development of a unique technically advanced system for down hole cementing in the oil and gas industry for Western Canada. Under the guidance of C2C, an agreement was reached to supply a unique form of micronized zeolite to Halliburton using raw materials supplied by ZEO and equipment supplied by FASC. The building of this dedicated KDS processing plant at Princeton is the next step in our work under the United Zeolite Products Ltd. banner.

FASC President, Brian Nichols commented: "We are extremely fortunate to have formed this business relationship with C2C, ZEO and Halliburton. Today's success is the culmination of several years of hard work and determined effort by all parties involved. We are particularly proud that our patented KDS Micronex is an integral part of this innovative process."

First American Scientific Corp. develops, manufacturers and sells the KDS Micronex system, a patented disintegration system capable of reducing mineral rock to a fine dry powder suitable for this and many other industrial purposes. Other "waste-to-resources" processes where the KDS Micronex can capture significant value include the drying and micronzing of biomass, agri-waste, and pulp sludges suitable for burning in specialized dust burning systems.

Please see our web sites for additional details.: www.fasc.net or www.ages-biomass.com

Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.