Published:
BSLM Looks Forward to Lowering United States Dependency on Foreign Oil
There is a significant profit increase
planned for Bio-Solutions Manufacturing, Inc. (OTCBB: BSLM) (FRANKFURT: B2T) by combining the recently acquired Bio-Extraction Services, Inc.
(provider of the technology for extracting oil and grease from food service
facilities' grease traps (interceptors) and municipal collection systems),
with the acquisition of Bioremediation Services, Inc. and its growing
network of franchisees.
Franchisees' earnings in the past have been derived from services they
provided to food service facilities for treatment of grease traps and drain
lines and municipal sewer mains, lift stations, and treatment plants. The
oil and grease waste derived from the commercial cooking establishments is
divided into two categories: yellow and brown grease. There is typically
twice as much brown grease per restaurant as yellow grease, and BSLM
technology can handle both types.
All existing franchisees will be required to upgrade their franchise
agreement in order to participate in the Bio-Extractor program. With the
addition of the Bio-Extractor, each grease trap and lift station can become
a small individual oil well, bringing additional profits to the franchisee
and the Corporation -- with relatively little add-on costs. Bio-Solutions
will revamp its franchise agreement for all new franchisees allowing them
to participate in the profits gained from bio-diesel feed stock extraction,
and this represents a significant potential increase in revenues for both
Bio-Solutions and its network of franchisees.
According to Michael Silverman, President of Bioremediation Services, Inc.,
"This represents a major uplift for Bio-Solutions -- one that is sure to
build corporate and franchise revenues. The BioExtractor opens the door for
franchisees to own and operate their own individual oil wells, extracting
the oils and grease from food service facilities and municipal treatment
facilities that can be used to produce bio-diesel and other value-added
products. This is a great opportunity, and I look forward to the expansion
of our company in this field."
The combined potential in the United States for bio-diesel production is in
excess of 1,650,000,000 (1.65 billion) gallons per year and growing rapidly
-- according to U.S.Government statistics. This production is of major
significance in accordance with President Bush's plan to combat high gas
prices -- see fact sheet at
www.whitehouse.gov/news/releases/2006/04/20060425-2.html. BSLM, with its
technology for extracting oil and grease (feed stock for bio-diesel) is
gearing up to become a major player in this industry. David S. Bennett,
President and CEO of BSLM, states: "Our corporation is striving to fulfill
its mission to help combat the destructive agents that pollute and harm our
environment, in addition to helping America lower its dependence on foreign
oil."
Bio-Solutions Corporate Office anticipates hosting a major training session
for new franchisees and recruits in September 2006.
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 also developed a line of environmentally friendly
cleaning products that include an all purpose cleaner, carpet cleaners,
concrete and asphalt cleaners, and floor soaps. With these lines of
products, it is enabling Bio-Solutions to broaden its customer base to
residential areas as well as to 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 products.
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.
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