EnviroResolutions Signs Letter of Intent to Appoint Indonesian Distributor
NORTH VANCOUVER, British Columbia-(Business Wire)-September 17, 2009 - EnviroResolutions, Inc., a publicly traded company on the pink sheets (ENVI), is pleased to announce that it has signed a Letter of Intent with Indonesia’s leading heavy equipment supplier, PT Southeast Asia Machinery (SEAM), to act as its Distributor for the ENVI-CleanTM product range in Indonesia.
“With our diesel product line focus directed at high sulfur markets such as Indonesia, we are very pleased to sign the Letter of Intent with one of the area’s leading suppliers of diesel equipment. Their key relationships with government and industry in the region should accelerate ENVI in reaching our commercial objectives” says Geoff Pershick, ENVI’s Sales Director.
“The air quality here is becoming top of many political agenda’s here (Indonesia)” says, Mike Williams, Executive Director of SEAM. “Over the next five years we see limitless potential for the ENVI-CleanTM product range as the government takes a proactive approach to improve emission standards in industry throughout the region”.
“The global market place for clean air technology is clearly expanding internationally as environmental restrictions tighten worldwide. EnviroResolutions is in an ideal position to capitalize on this within the foreseeable future” added ENVI’s President and CEO, Ken McClelland.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the Act and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the expectation and/or claim, as applicable, Their key relationships with government and industry in the region should accelerate our commercial objectives,”; “Over the next five years we see limitless potential for the ENVI-CleanTM product range as the government takes a proactive approach to improve emission standards in industry throughout the region” and “EnviroResolutions is in an ideal position to capitalize on this within the foreseeable future.”
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (1) the inherent uncertainties associated with the development of an early stage company in the emissions control industry and its products and the entry into new markets for such products; (2) the risk that ENVI does not execute its business plan; (3) ENVI not being able to retain key employees; (4) markets for ENVI’s products not developing as expected; and (5) ENVI’s inability to finance its operations or growth. These forward-looking statements are made as of the date of this news release, and EnviroResolutions assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although EnviroResolutions believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein.
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