ANVH NEWS---Anviron Opens Bangkok Regional Office and Begins Work on Mine Reclamation Site
2 minutes ago - Businesswire
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As of 12:00 AM ET 1/27/09
The Anviron Holding Company (Pinksheets: ANVH) ("Anviron"), a manufacturer and marketer of "Clean & Green" products and technology, announced today that they have officially opened their regional office in Bangkok, Thailand located in the Q House Lumpini Business Center in Central Bangkok. In addition, Anviron announced that Antonio Bufilino and Alberto Rizzocini as senior management for the Anviron International Operations will be taking over leadership of this division from Steve Young.
Over the past year under the leadership of Steve Young, Anviron was selected in September 2008 as the technology of choice for a 200 thousand hectare reclamation project for its ability to convert land and soil at the molecular level. This single project is estimated at $70 Million over the first 18 months of the project and ongoing annual sales of $21 Million. Anviron is currently evaluating the use of its technology on three additional mine reclamation sites totaling 75,000 hectares of land representing an additional estimated $26.25 Million USD in potential future product sales. These sales would be estimated to develop over the first 1.5 to 2 years of the projects development phase. In November 2008, Anviron completed the acquisition of a product manufacturing facility for the supply of the "NuSoil" product line to this newly formed Joint Venture reclamation project. "Anviron is extremely excited for this upcoming project. We look forward to working with all the parties involved in this JV," stated Steve Young - COO of Anviron.
Steve Young will be returning to the United States in April 2009 where he will resume his duties with Anviron and take on additional leadership roles as the newly appointed CEO of Anviron.
One of the first tasks that Antonio and Alberto will take on in Thailand is the startup of our state-of-the-art environmental modeling programs in the first phase of project development. Antonio Mussino, General Manager of IT Services and Wolfgang Hunterbok, senior Analyst for TerraSolve/LIA will be taking the lead on this first phase. "We are excited to have this opportunity for a long term agreement as our client begins to develop remediation and redevelopment strategies for the coming years," stated Antionio Mussino, General Manager of IT Services - TerraSolve/LIA.
TerraSolve/LIA is a state-of-the-art development and testing lab, which collects data from clients around the world to run projects simulations ranging from usability, capacity, spread and weather modeling testing. This contract once again redefines the working envelops of the capacity of the TerraSolve/LIA laboratory by branching out into secondary industries. The remediation industry is estimated to be $1.2 trillion in size of which $312 billion is estimated to be Design, Analysis, Engineering and Pre-remediation services.
Anviron is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about Anviron and its product offerings visit us on the web at www.anviron.com.
This press release contains forward-looking statements regarding Anviron within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Anviron. Forward-looking statements speak only as of the date on which they are made and Anviron undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
SOURCE: Anviron Holding Company
The Anviron Holding Company
Shareholder relation contact:
Ms. Polly Anderson, 800-619-9890
