Published:
Global Development & Environmental Resources Announces 30-Mile Louisiana Road Project Utilizing PZ-22X Enzyme
Global Development & Environmental Resources,
Inc. (OTC: GDVE) announced today that the Company formed a joint venture
for the development of a 30-mile road construction project located in
Louisiana.
The project will utilize Global Development's stabilization enzymes,
PZ-22X, as opposed to traditional road construction. This project is a
significant development as it represents the first use of PZ-22X in the
state of Louisiana and will be the first application of its kind to utilize
PZ-22X as a viable alternative technology for road stabilization for future
infrastructure rebuilding. In addition to the announced project, there are
numerous other locations that have been identified and will be considered
for similar infrastructure redevelopment in the area.
What is PZ-22X?
PZ-22X is a road stabilization solution. It is unique, soil-stabilization
product with the potential to significantly reduce overall costs for road
construction and maintenance. PZ-22X is a non-toxic formulation of
enzyme-rich materials. When the solution is mixed with water and applied
during compaction, enzymes act upon the soil's organic fines through a
catalytic bonding process producing a strong cementation effect. The end
result is a durable and water-resistant mix that can be used in any
climatic environment as a sub-base or as a primary surface. Under normal
conditions the bonding process is sufficiently cured within 72 hours to
permit use by normal road traffic.
Global Development's CEO Phil Pritchard commented on the announcement, "We
will be involved in this project through the application of our exclusive
enzyme solution, PZ-22X, to a 30-mile stretch of road in rural Louisiana.
This represents what I believe will be the first of many such projects in
the reconstruction of this hurricane ravaged region. Our enzyme
application (PZ-22X) offers a viable alternative to traditional
construction methods and allows for significantly reduced costs,
environmental sensitivity and shortened construction schedules. We look
forward to getting the construction underway, as well as the opportunity to
demonstrate our newest technologies to the numerous infrastructure
development professionals that will be participating in and evaluating this
project."
Information on Global Development and Environmental Resources can be found
at www.gderinc.com. A free, downloadable Investor Fact sheet is available
at First Capital Investors website at
www.firstcapitalinvestors.com/factsheets/gdve.pdf.
"SAFE HARBOR"
This press release contains forward-looking statements. The words
"estimate," "possible" and "seeking" and similar expressions identify
forward-looking statements, which speak only as to the date the statement
was made. The company undertakes no obligation to publicly update or revise
any forward-looking statements, whether because of new information, future
events, or otherwise. Forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted, or quantified.
Future events and actual results could differ materially from those set
forth in, contemplated by, or underlying the forward-looking statements.
The risks and uncertainties to which forward-looking statements are subject
include, but are not limited to, the effect of government regulation,
competition and other material risks.
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