Published: May 08, 2006
Fuel Frontiers, Inc. Featured in NJBIZ
Fuel Frontiers, Inc. (FFI), a subsidiary of
Nuclear Solutions, Inc. (OTC BB: NSOL) formerly known as Future Fuels,
Inc., is featured in an article by Brian Quinlan titled "Turning Old Tires
into New Tankfuls" released in today's NJBIZ (www.NJBIZ.com).
The article places a spotlight on ethanol as an alternative fuel to help
reduce this country's dependence on oil and highlights FFI's role in
producing ethanol from waste materials through an environmentally sensitive
process at a plant proposed for construction in Toms River, New Jersey,
pending approvals from Dover Township officials. Current NJBIZ subscribers
seeking to login or those wishing to register and purchase access to the
article may do so by following the link:
http://www.njbiz.com/article_reg.asp?aID=20206604.3584101.872872.6060864.267 7816.506&page=1.
FFI proposes to utilize commercially available technologies to transform
low-value, end-of-life carbonaceous waste materials such as waste coal,
used tires, wood wastes, biomass, discarded corn stalks and other
agricultural by-products, into high-value, environmentally friendly,
clean-burning ethanol. FFI is planning a 52 million gallon waste-to-ethanol
production facility in Toms River, New Jersey, for which it has already
secured land, environmental permits, feedstock sources suitable for
conversion into ethanol, a ten-year ethanol purchase contract, and an $84
million bond authorization from the state of New Jersey.
With its global Strategic Alliance Agreement with Connecticut-based
Startech Environmental Corporation, FFI gains access to Startech's
innovative, proven and proprietary Plasma Converter(TM) System, which is
proposed for use in FFI's planned facility to transform feedstock materials
into ethanol. FFI's Toms River facility will become the prototype for
launching additional facilities at other potential sites domestically and
internationally, including possibly in eastern Pennsylvania. Currently, FFI
reports its operations and financial results on a consolidated basis within
Nuclear Solutions, Inc.'s public filings.
DISCLAIMER
The matters discussed in this press release are forward-looking statements
that involve a number of risks and uncertainties such as our plans,
objectives, expectations, and intentions. You can identify these
forward-looking statements by our use of words such as "to help,"
"proposed," " pending," "may," "proposes," "is planning," "is proposed for
use," "will become," possibly," or other similar words or phrases. Some of
these statements include discussions regarding our future business strategy
and our ability to generate revenue, income and cash flow.
With regards to forward-looking statements on the proposed waste-to-ethanol
facility, a facility like this has never before been constructed or
operated and there are inherent risks associated with the establishment of
such new operations. There could be unexpected problems or delays in the
funding, construction and operation of the facility. There is no guarantee
that we will be successful in raising the capital required for this project
through the issuance of tax-free bonds discussed herein. While we believe
that the appropriate technologies for waste-to-ethanol conversion are
commercially available, we cannot guarantee that commercially available
technologies will be suitable under all circumstances for producing ethanol
in the proposed Fuel Frontiers, Inc. facility.
Overall, actual future results for Nuclear Solutions, Inc., and its
subsidiary Fuel Frontiers, Inc., could differ significantly from statements
contained in the press release. Factors that could adversely affect actual
results and performance include, among others, the companies' limited
operating history, dependence on key management, financing requirements,
technical difficulties commercializing any projects, government regulation,
technological change, and competition. In any event, undue reliance should
not be placed on any forward-looking statements, which apply only as of the
date of this press release. Additionally, patent pending status or
licensing does not guarantee that a patent will issue or that the
technology will be commercially successful. Accordingly, reference should
be made to Nuclear Solutions, Inc.'s periodic filings with the U.S.
Securities and Exchange Commission, also available through the web site at
www.nuclearsolutions.com.
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