First American Scientific Corp. (fka FASC)

[lighthawk]

***Investor info updated July 26, 2004***

Be sure to check the company website for updates.
http://www.fasc.net/
AgES (A 40% owned subsidiary of FASC) has updated their web site as well and they have stated the TTR (True Total Recycling) system is ready for marketing.
http://www.ages-biomass.com/

OS = 169,703,865
RS = 13,223,289
Float = 156,480,576.
All of this as of July 14, 2004, 12:40 pm EST.
Data from Pacific Stock Transfer 1-702-361-3033.
Courtesy of Penniesfromhell

VANCOUVER, Jul 26, 2004 /PRNewswire-FirstCall via COMTEX
First American Scientific Corp. (FASC.OB) announced today that the United States Department of Agriculture has awarded a grant of $717,399 USD for research to be conducted by the University of Tennessee, Oakridge National Research Laboratory and First American Scientific Corp. The project F-5-15 entitled "Integrated Size Reduction and Separation to Pre-Fractionate Biomass" will take place over a three-year period. Expected outcomes are the development of an innovative, integrated technology to reduce size and separate biomass crop residues. First American Scientific Corp. staff will contribute both management and technical expertise, as well as run product testing and sampling through FASC's patented KDS Micronex System
http://www.fasc.net/newsrelease/04-07-26.htm

First American Scientific Corp. (OTCBB:FASC) signs collaboration agreement with Mitsui in Japan.
Mr. Kantonen, Chairman of First American Scientific Corp., is pleased to announce that FASC has signed an agreement with Mitsui Engineering and Shipbuilding Co. Ltd. (MES) who will conduct a feasibility study into the marketability of the KDS Micronex System in Japan and evaluate the opportunity of venturing into a licensing agreement to introduce the technology to the Japanese market. In addition, MES has agreed to undertake all necessary steps to file and protect First American's patents in Japan.
Mitsui Engineering and Shipbuilding Co. Ltd. has annual sales in excess of $3.9 billion USD. In addition to its core business, Mitsui manufactures engines, boilers and gas turbines, as well as builds plants for refuse disposal and water treatment and is active in the environmental industry. Mitsui, through its worldwide affiliates, has established joint enterprises in Japan with overseas IT venture businesses. The overseas partners provide products and technologies as well as new business models and their experience in markets overseas. Mitsui brings its market expertise as well as capabilities for performing back-office functions, handling distribution, and other business know-how.
http://www.fasc.net/newsrelease/04-07-14.htm

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. (CDNX:ZEO), C2C Zeolite Corporation (CDNX:CZC) and First American Scientific Corp. (OTC BB: 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.
http://www.fasc.net/newsrelease/04-06-14.htm

First American Scientific Corp (FASC.OTC. BB) June 7, 2004
First American Scientific Corp. finalizes joint venture agreement for the sale of KDS equipment in Malaysia
C.L. Kantonen, Chairman of First American Scientific Corp., is pleased to announce that the Company has reached an agreement with Ulimec Sdn. Bhd. to establish a joint venture company (First American Scientific Corp. [Malaysia] Sdn. Bhd.) to operate a KDS palm waste processing plant in Kluang, Malaysia and to market the KDS equipment to the palm oil industry. Under the agreement, upon completion of construction of a fully operational palm waste processing plant to be financed by Ulimec, FASC (Malaysia) will be granted exclusive license to market the KDS equipment in Malaysia. In addition to earning royalties for all KDS equipment sold in Malaysia, FASC will share equally in the operating profits of the joint venture and retain a 50 % ownership in FASC (Malaysia) Sdn. Bhd. Site acquisition and preparation plans are now underway.
http://www.fasc.net/newsrelease/04-06-07.htm

April 29, 2004 First American Scientific Corp (FASC:OTCBB) announces sale of KDS Micronex equipment to Firma Codogni in Poland.
David Dungate, M.Eng., Vice President of Sales & Marketing of First American Scientific Corp. (FASC) is pleased to announce the sale of a KDS Micronex System to Firma Codogni Spolka Jawna of Poland which will be used for the processing of chromite in the leather tanning industry.
Firma Codogni, located in Staloa Wola, southeast Poland has been supplying grinding and milling equipment in Eastern Europe for over 15 years. The KDS equipment was chosen for this application based on its superior ability to simultaneously pulverize and remove moisture from the host material without the requirement for supplemental heat. Testing has also shown that lower temperatures and negative air pressure in the processing chamber have made it easier to control emissions compared to competitor’s machines for this application
http://www.fasc.net/newsrelease/04-04-29.htm

BCTV Global News Release - Avian Flu News - April 19, 2004
First American Scientific Corp. being considered as a option for addressing the Avian Flu outbreak in British Columbia
http://fasc.net/downloads/Avian_Flu_FASC.wmv

ManageSource Research Continues Coverage of First American Scientific Corp. (OTC BB: FASC) with a Speculative Buy Rating and FY 2004 Price Target of $ 0.50
LOS ANGELES, CA - MARKET WIRE - 04/15/04
ManageSource Research announced today that it is continuing coverage of First American Scientific Corp. (OTC BB: FASC) with a Speculative Buy rating and an updated FY 2004 target price of $0.45 - $0.50 based upon the Company's recently announced multi-year, multi-billion dollar agreement with Halliburton Canada, as well as significant progress in developing a strong sales pipeline. Metric ratio analysis has demonstrated that the Company has begun to improve in almost all categories as they complete the transition from their development stage to aggressive sales and delivery of their core product: the KDS Micronex.
http://www.managesource.com/reports/ManageSource_FASC_061004.pdf

First American Scientific Corp. (OTC BB; FASC) announced today that one of their subsidiaries, United Zeolite Products Ltd. (UZP), has executed a multi-year, multi-million dollar contract with Halliburton Group Canada. The contract calls for UZP to supply Halliburton with specialty zeolite, processed by FASC’s patented KDS Micronex system, to service its cementing activities in Western Canada. UZP is a joint venture company owned by Zeo-Tech Enviro Corp. (CDNX:ZEO), C2C Zeolite Corporation (CDNX:CZC) and First American Scientific Corp. (OTC BB: FASC). C2C and Halliburton Group have completed the development of new technically advanced system for oil and gas cementing under a Joint Research and Development Agreement using raw materials supplied by ZEO and processed by FASC’s KDS Micronex system. Extensive testing has proven the new system to be extremely effective. Today’s announcement marks the successful culmination of those efforts with Halliburton awarding United Zeolite Products Ltd. with a CDN $5,000,000 Purchase Agreement.
http://www.fasc.net/newsrelease/04-04-06.htm

First American Scientific Corp (FASC – OTCBB) announces sale of KDS Micronex equipment to Atlas Mining Company (ALMI – OTCBB)
Brian Nichols, President of First American Scientific Corp. (FASC) is pleased to announce the sale of a KDS Micronex System to Atlas Mining Company (ALMI) which will be used for the processing of halloysite clay at their Dragon Mine site in Juab County, Utah. In addition, FASC and ALMI have formed a strategic alliance to bring technical support and advice for optimizing the processing of its clay and to designate FASC as the core supplier of grinding and drying equipment for ALMI‘s mining operations.
http://www.fasc.net/newsrelease/04-02-23.htm

VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ - Brian Nichols, President of First American Scientific Corp. (FASC) is pleased to announce that FASC has signed a joint venture agreement with Zeo-Tech Enviro Corp. (ZEO) and C2C Zeolite Corporation Ltd. (CZC) to build a production facility at Princeton BC for the micronizing of raw zeolite through the KDS Micronex System. The new product called "ZeoFume" will be used to supply product for CZC's existing contracts.
Under the agreement, a new company, United Zeolite Products Ltd. (UZP) will be formed with each party contributing equipment, raw materials, and contractual rights respectively. First American Scientific Corp. will own 1/3 of the outstanding shares of UZP and will manage the operation of the Princeton plant. All profits from the joint venture will be divided equally amongst the 3 parties.
http://www.fasc.net/newsrelease/03-11-24.htm

VANCOUVER, Jun 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- Dr. Sundar Narayan PhD, - Vice President of Research & Development for First American Scientific Corp. ("FASC") is pleased to announce that the Company has been selected for a Small Business Technology Transfer (STTR) - Phase I Award ($ 100,000 USD) by The United States Department of Energy. The grant will provide funding to continue research to enhance and improve the KDS Micronex biomass drying and grinding capabilities.
http://www.fasc.net/newsrelease/03-06-12.htm

VANCOUVER, Dec. 10 /PRNewswire-FirstCall/ - First American Scientific Corp., and its subsidiary Alternative Green Energy Systems Inc. (AGES), are pleased to announce that AGES has received a letter of intent to purchase "up to 6 production scale KDS machines" from Atlantic Packaging Products Ltd. upon successful completion of a 180 day extended trial to be conducted at Atlantic's Whitby, Ontario paper mill. Atlantic Packaging, one of the largest independent paper recycler/de-inker in North America, produces tissue paper, newsprint, and linerboard. The equipment has been delivered and will be installed immediately.
http://www.fasc.net/newsrelease/02-12-10.htm

VANCOUVER, Nov. 25 /PRNewswire-FirstCall/ - Mr. Brian Nichols, President of First American Scientific Corp. ("FASC") is pleased to announce an agreement has been signed with Vancouver Island Recycling Centres Ltd and its affiliated companies, ("the VIRC group") to purchase all plant and equipment, including 2 KDS Model 150 machines, previously located in Bakersfield, California. The KDS equipment will be refurbished and moved to their recycling operations on Vancouver Island. A third Model 150 machine, previously used for demonstration purposes, is also being purchased and will be installed at their recycling depot in Richmond, BC, Canada.
http://www.fasc.net/newsrelease/02-11-25.htm

July 31 - Mr. Brian Nichols, President of FASC, is pleased to announce that, as part of the British Columbia Trade Mission, FASC will exhibit its KDS equipment on October 16-19, 2002 in Osaka, Japan at the New Earth 2002 trade fair sponsored by the Japan External Trade Organization (JETRO).
We have invited Enviro 2000, one of our co- exhibitors, to set up their state-of-the-art pelletizer at our Cloverdale demonstration center (please see our website www.fasc.net for pictures) for trial runs and compatibility testing.
http://www.fasc.net/newsrelease/02-07-31.htm

May 30th AGES (Alternative Green Energy Systems) a subsidiary of FASC and Hydro Quebec Capitech, has entered into a contract with Hollywood Park Racetrack of Inglewood, California, to provide a preliminary engineering study to build an electrical co-generation system designed to operate on racetrack waste. The racetrack installation will be the first application to showcase this technology that has the potential to revolutionize the way the world handles its waste and produces electricity."
http://www.fasc.net/newsrelease/02-05-30.htm

Board members have recently found that there are 5 websites available for AgES. Thanks Longfellow, Techisbest and i4c6s. The sites are as follows...
1) http://www.altgreenenergy.com/
2) http://www.biomasstobtu.com/
3) http://www.agesbiomass.com/
4) http://www.ages-biomass.com/
5) http://www.biomass.ca

We have THERMIX on board (A privately held furnace and burner, developer/manufacturer/distributor having incorporated a joint venture with FASC to form "AGES" Alternative Green Energy Solutions Inc. Thermix has recently updated their web site to showcase the KDS as part of a complete turn key dust burning system that is ready to market. Note the links under Biomass.
http://www.thermix.com

The FASC/Thermix Biomass "Waste to BTU" system and AGES was showcased at the PAPTAC (Pulp & Paper Technical Association of Canada) annual "PaperWeek International 2002" conference January 28th through the 31st in Montreal, Quebec, Canada. FASC reported on 01/23/02 that "the re-designed KDS Biomass/Sludge machine was received from FASC and assembled at AGES's new Montreal facility in Boucherville, Quebec, where it was demonstrated to delegates from the Conference. The Simoneau Group, an engineering group specializing in wood boilers, owns the facility. This company has been contracted by AGES to assemble the KDS Biomass Combustion System, a $3million Cdn. industrial heating system.
http://www.fasc.net/newsrelease/02-01-23.htm
http://www.bouilloires.com/lambio1.html

Pictures from the conference and of the Simoneau Group facility can be seen here:
http://communities.msn.com/FASCInvestors/paptac2002.msnw?albumlist=2

On 03/01/02 Hydro-Quebec Capitech joined the AGES team with an up front venture capital offering of $1,000,000.00 CDN to partner with FASC and Thermix. H-Q CapiTech is a venture capital/research and development division of Hydro-Quebec, one of Canada's largest energy suppliers. From their website... "CapiTech invests with strategic intent in companies that can create demand for, and increase the performance of Hydro-Qu颥c's business units. The delivery of superior financial returns is an important part of our investment criteria."
From the news release... Hydro Quebec Capitech Inc. will have one representative on the AGES Board of Directors and will provide expertise and assistance where possible in promoting AGES energy technologies, and in developing public awareness of alternative green energy solutions.
http://www.fasc.net/newsrelease/02-03-01.htm

Link to Hydro-Quebec...
http://www.hydroquebec.com/en/index.html

Link to H-Q CapiTech...
http://www.hydroquebec.com/hqcapitech/en/

We have an excellent message board and a cast of intelligent, dedicated long-term investors.
This page is for information purposes only; it is not a recommendation to buy FASC Do your own DD. LH.