Published:
Bio-Solutions Manufacturing, Inc. Acquire BioExtraction Services, Inc.
Bio-Solutions Manufacturing, Inc. (OTC BB: BSLM) (Frankfurt: B2T) has reached an agreement to acquire BioExtraction
Services, Inc. (BESI), a New York Corporation, in a stock exchange.
BESI owns a proprietary technology complimentary to Bio-Solutions
Manufacturing's current line of business, and in particular, enhancing its
recent venture into the production of biodiesel.
This transaction is expected to close in the very near future.
According to Peter Chapin, President and CEO of BioExtraction Services,
Inc., "This is a perfect marriage bringing together BSLM's biotechnology
and BESI's mechanical interceptor in a symbiotic relationship that will
allow us to become a major player in renewable energies with green and
environmentally safe fuels to meet the energy needs of the future."
About Bio-Solutions Manufacturing, Inc.:
Bio-Solutions has developed superior microbiological products for waste
bioremediation. Bio-Solutions currently services many municipal collection
systems and a growing number of food service facilities in the United
States. The company's products have been approved by an ever-growing number
of municipalities for use in food service facilities that produce waste
products introduced into the municipal collection systems. Bio-Solutions'
products treat waste in an environmentally friendly and safe manner in
compliance with Federal and State government standards.
Bio-Solutions has developed a line of environmentally friendly cleaning
products that include all-purpose cleaner, carpet cleaner, concrete and
asphalt cleaner, and floor soap. With this line of products, it is enabling
Bio-Solutions to broaden its customer base to the residential areas as well
as the businesses and municipalities.
Bio-Solutions has acquired a unique patented grease extractor to be used in
conjunction with bioremediation solutions to extract desired oil and grease
to be converted into value-added product, such as biodiesel fuel.
Bio-Solutions has developed a line of soil amendment products and
procedures to target the amendment of poor soil due to fertilizer burn-out
or soil compaction.
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this
news release are forward-looking statements that involve risks and
uncertainties and are made pursuant to the safe harbor provisions of the
Private Securities Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause the Company's
actual results in the future periods to differ materially from forecasted
results.
Newswire by Market Wire
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Environment:HazardousMaterialsManagement, Environment:NaturalResourceManagement, Environment:Regulations and Law, Environment:WasteManagement, ,MS,HATTIESBURG, MS
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