TOLEDO, Ohio, Oct. 25 /PRNewswire/ -- N-Viro International Corporation (OTC Bulletin Board: NVIC ) adds the City of Oviedo, Florida to the Company's biosolids management business. N-Viro will serve the City of Oviedo for a three-year term and expects to provide the highest level of treatment and expertise. Industry leaders and wastewater treatment professionals recognize the N-Viro brand name for its service and technology excellence.
The regional growth initiative in Florida is just one of the strategic projects of the management team. N-Viro Soil™ is the base technology that supports the current company revenues. Timothy R. Kasmoch, CEO and President of N-Viro International, believes in the future revenues of N-Viro Fuel™ but will not turn from market demand for current business.
In an earlier statement made by Mr. Kasmoch, "This small cap company is gaining assets, resources and new business as we promote our current product technology and accelerate the commercial application of N-Viro Fuel™."
About N-Viro International
N-Viro International Corporation is an environmental and materials handling company that owns significant patented technologies to convert various residual bio-organics into renewable fuel. N-Viro Fuel™ has received alternative energy status from the U.S. Environmental Protection Agency, which qualifies the technology for renewable energy incentives. Two manufacturing facilities currently use advanced treatment for management of wastewater residuals. Both facilities are in full-scale operation producing considerable volumes of N-Viro Soil for a variety of customers.
N-Viro maintains a company website www.nviro.com and a company blog site http://nvirointernational.wordpress.com where interested parties can follow the progress of the Company. N-Viro will continue to post press releases on the company website and a discussion forum on the company blog site. We encourage stockholders and interested parties to monitor the site on a regular basis.
Special Cautionary Note Regarding Forward-Looking Statements
The Company cautions that words used in this document such as "expects," "hopes", "anticipates," "believes" and "may," as well as similar words and expressions used herein, identify and refer to statements describing events that may or may not occur in the future. These forward-looking statements and the matters to which they refer are subject to considerable uncertainty that may cause actual results to differ materially from those described herein. For example, while the Company expects business expansion projects to begin in an estimated time frame, such expectations are subject to adverse economic conditions and other factors outside of the Company's control. Further, the Company's ability to increase capabilities and expand capacity is subject to the ability of the Company or its partners to access sufficient capital to pay for this expansion, which will further depend on, among other factors, market acceptance. The Company's ability to achieve profitability of these projects could be negatively impacted if there is a lack of an adequate supply of waste or expenses increase above the Company's expectations - including fuel and transportation costs, labor costs and costs relating to the treatment and processing of the biosolids and creation of the N-Viro Soil or N-Viro Fuel. In addition, while the Company believes that trends in "greener" energy solutions are moving in favor of the Company's technology, such trends may not continue or may never result in increased sales or profits to the Company because of the availability of competing products and other alternative energy source. All of these factors, and other factors, will affect the profitability of the Company. Additional information about these and other factors that may adversely affect these forward-looking statements are contained in the Company's reports, including its Annual Report on Form 10-K for the year ended December 31, 2009 and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws.
For More Information Contact:
Timothy R. Kasmoch, CEO
| 3450 West Central Ave. | Suite No. 328 | Toledo, Ohio 43606
| PHONE 419-535-6374 | FAX 419-535-7008
SOURCE N-Viro International Corporation