TOLEDO, Ohio, April 5, 2011 /PRNewswire/ -- N-Viro International Corporation (OTC Markets: NVIC: OTCQB) announces the final phase of the mobile energy system launch to generate N-Viro Fuel™. The project undertook significant progress this week as start up procedures commenced.
N-Viro expects the mobile system to perform well. The alternative fuel system will facilitate the collection of data vital for permitting and further demonstrate N-Viro Fuel™ in a commercial setting. This launch places the Company in a strong position among competitors in terms of market share and it increases brand awareness for the energy alternative product. The Company believes N-Viro Fuel™ is a technology breakthrough with global market potential.
Our goal is to make a major impact in the renewable power generation industry. N-Viro ranks the biomass-derived product distinction of N-Viro Fuel™, the successful test burn at Michigan State University and the full-scale mobile energy system facility as pivotal events in moving N-Viro Fuel™ from development into commercial deployment. Once tests are complete the company plans to pursue permanent facilities.
Timothy R. Kasmoch, President, and CEO of N-Viro International remarked, "The full-scale N-Viro Fuel™ mobile energy system enables the Company to move to new sites to make renewable fuel for additional utility companies. The market channel from lab to real world has been lengthy but the N-Viro Fuel™ success story clearly establishes the business case for future installations."
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 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