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E.W.M.C. Closes Second Sale of Medical Waste Processor
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| December 13, 2000 |
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Mr. Robert Bryniak reports
E.W.M.C. International has closed its second sale of a medical waste processor. The sale is to Recycled Waste Ltd. (RWL) of England, for a United Kingdom site to be determined. E.W.M.C. has received a signed purchase order as well as a deposit of $110,000 against the sale price of over $1-million. E.W.M.C. will begin manufacture of the unit over the next few months with installation expected in 2001. RWL was recently created as a company based in the U.K. that specializes in the processing of medical waste and tires using E.W.M.C.'s patented reverse polymerization. Chief executive David Norton states that: "We are excited about the technology and the value added it brings to the environmental industry in the UK. We are so impressed that our company is committed to using this state-of-the-art microwave-based technology at all of our waste disposal plants throughout the U.K." RWL's anticipates many more sales of E.W.M.C.'s units within the U.K. and these sites are at various stages of planning and approval. RWL has also taken over the implementation of E.W.M.C.'s first sale by taking an assignment of the unit from Environmental Waste Technologies (EWT). Originally planned for operations at Haversfordwest, the new site is in Speke, Liverpool, at a plant located on Goodlass Road. The first MD Processor is now being installed at RWL's Liverpool site. The State Group, E.W.M.C.'s partner in installing its MD 1000 systems worldwide, is leading the installation project. "Installation of the first MD Processor was delayed for several months while foundations were being put in place for our new company," commented Mr. Norton. He went on to say: "This has caused some concern on the part of E.W.M.C.'s shareholders who are anxious to see the first unit in operation. However, the delay was necessary and unavoidable. We firmly believe in the technology and the future it holds for E.W.M.C. and its shareholders." The first unit is scheduled to be in operation in January, 2001. RWL will represent E.W.M.C. in the marketing and distribution of medical waste processors and tire facilities throughout the U.K. RWL also plans to acquire several other medical waste disposal sites over the next year and have an agreement with E.W.M.C. to purchase a number of MD 1000 units at an agreed upon price of over $1-million each. RWL is also confident that an order for a tire facility in the U.K. will be placed with E.W.M.C. within the next six months. Mr. Bryniak is extremely happy to have closed the company's second sale and about the prospects for additional sales. "This year marks the turning point for the company and the start of what I hope will be substantial sales growth of the MD 1000 medical waste processor, particularly throughout the U.K. and the rest of Europe." Lyle Hoegy, vice-president of marketing and sales, comments, "Once in operation, this unit will showcase our Canadian-based technology at work in helping the U.K. deal with one of their environmental waste streams in a cost-effective and responsible manner." David Norton had reviewed many other technologies and products before deciding on E.W.M.C.'s break-through MD-1000 medical waste processor. While every effort is made to keep all information current and accurate, all information is subject to change without notice. Errors and omissions excepted. © Copyright 1998-2000 |
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Advanced Technology For Specialty Waste Streams
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