Adama Technologies Enters Final Stages of its Pilot Program of MBS Technology With the Israeli Environmental Office (IDEAC)
Remediation of one of the Most Hazardous Soils in Israel for the Site of a Large Battery Plant Utilizing the Company's Licensed MBS Technology
NEW YORK, October 13, 2010 /PRNewswire-FirstCall/ -- Adama Technologies Corporation - (OTC BB:ADAC), a clean tech company specifically dedicated to brownfield remediation with a license of a patented and proven technology, today announced that in conjunction with the Israeli Environmental Office, the Company in a week will publish week the results of the its major pilot program involving its licensed MBS technology to remediate soil (brownfield) at the site of a battery plant. The site is considered to be one of the most contaminated sites in Israel. The results of this pilot will generate substantial revenue and contracts due to the high need of Adama's technology in a USD3 billion market in Israel alone.
The commencement of this program represents a significant milestone for Adama, as it seeks to garner exposure for its licensed and patented MBS technology (licensed from Solucorp Industries, New York) in managing brownfield remediation with heavy metal waste. The joint venture Adama has established with Windex Ltd, a key player in soil analyses market in Israel, will surely accelerate Adama business in the next couple of months.
"Working in tandem with the Israeli Environmental Office and Windex Ltd is certainly an endorsement of the potential of our technology," stated Aviram Malik, CEO. "We are most confident that next week's results of this pilot program will generate a huge awareness of Adama Technology," Malik concluded.
About Adama Technologies Corporation
Adama is a brownfield remediation company whose foundation lies in its licensed patented technology. The Technology successfully treats all Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS) metals. The technology has successfully completed the U.S. (EPA) "SITE" program and is ready for commercial use. For further information, visit: http://www.adama-tech.com.
Safe Harbor Statement
This release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause actual results or outcomes to be materially different from those anticipated or discussed herein.
Contact: Aviram Malik:
+972-5444-59292
[email protected]
SOURCE Adama Technology Corp.
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