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(BSNS WIRE) Clyvia Grants Exclusive Distribution Rights for France, Spain and
Portugal
Clyvia Grants Exclusive Distribution Rights for France, Spain and Portugal
Business Editors / Energy Editors / Environment Writers
WEGBERG, Germany--(BUSINESS WIRE)--March 8, 2006--
Clyvia Technology GmbH (the "Company") (OTCBB:CLYV)
announced today that it has entered into an agreement with Energy
Recycling Systems Sarl of Crespieres, France, under which the Company
will grant to Energy Recycling Systems the right to act as its
exclusive distributor for France, Spain and Portugal (the "Exclusive
Countries"). Under the agreement, once Clyvia has developed working
prototypes of its fractional depolymerization systems, Energy
Recycling Systems will have the exclusive right to distribute these
systems and peripheral products in the Exclusive Countries. Energy
Recycling Systems will also have non-exclusive rights to sell Clyvia`s
fractional depolymerization systems in Greece, Poland, Turkey and
Russia. Systems purchased and distributed by Energy Recycling Systems
will be sold under their own name.
Upon the Company having successfully developed working prototypes,
the agreement will extend for a term of three years, and will
automatically extend for an additional three years unless otherwise
terminated. The hope is that Energy Recycling Systems will be able to
sell at least five Clyvia fractional depolymerization systems per
year. The prices for any systems to be delivered to Energy Recycling
Systems under this agreement will be determined by the Company based
upon the technical specifications of the systems ordered.
The fractional depolymerization systems being developed by Clyvia
are designed to produce heating oil and diesel out of oil-based,
plastic and organic waste materials. The technology involves a process
similar to cracking crude oil. Long hydrocarbon chains are split at a
temperature of 400 degrees C, which are then evaporated and
precipitated in a condenser as heating oil or diesel.
In addition to offering new waste disposal solutions to public and
private waste management companies, the Company believes that its
technology will offer many industrial and business enterprises with a
cost-effective method for processing waste materials. The Company
hopes to be able to develop systems based on its technology capable of
processing between 4,000 to 40,000 tonnes of waste per year, with the
goal of being able to offer customized systems able to meet the
individual needs of the operator.
Clyvia Technology GmbH is a subsidiary of Clyvia Inc., a Nevada,
USA corporation. Clyvia`s shares are traded on the stock market in
Frankfurt (WKN:A0F59X, ISIN:US18975K1088) as well as on
over-the-counter market in the United States (OTCBB:CLYV).
This Press Release may contain, in addition to historical
information, forward-looking statements. These forward looking
statements are based on management`s expectations and beliefs, and may
involve known and unknown risks and uncertainties and other factors
that may cause the actual results to be materially different from the
results implied herein. In particular, readers are cautioned that the
Company is still in the process of developing systems based on its
fractional deploymerization technology and that there are no
assurances that the Company will be able to develop marketable
products based on that technology. In addition, there are no
assurances that the Company`s contract with Energy Recycling Systems
will result in the sale of any products that it develops.
Readers are cautioned not to place undue reliance on the
forward-looking statements made in this Press Release.
CLYVIA INC.
WALTER P.W. NOTTER, Chief Executive Officer and President
KEYWORD: EUROPE NORTH AMERICA NEVADA WASHINGTON UNITED STATES CANADA FRANCE
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS NATURAL RESOURCES ENVIRONMEN
CONTRACT/AGREEMENT
SOURCE: Clyvia Inc.
CONTACT INFORMATION:
Clyvia Technology GmbH
Dr. Manfred Sappok
Managing Director
+49-2432-893626
Fax: +49-2432-893629
or
Clyvia Technology GmbH
Friedrich-List-Allee 10
41488 Wegberg-Wildenrath
+49-2432-893626
Fax: +49-2432-893629
presse@clyvia-tec.om
*** end of story ***
Portugal
Clyvia Grants Exclusive Distribution Rights for France, Spain and Portugal
Business Editors / Energy Editors / Environment Writers
WEGBERG, Germany--(BUSINESS WIRE)--March 8, 2006--
Clyvia Technology GmbH (the "Company") (OTCBB:CLYV)
announced today that it has entered into an agreement with Energy
Recycling Systems Sarl of Crespieres, France, under which the Company
will grant to Energy Recycling Systems the right to act as its
exclusive distributor for France, Spain and Portugal (the "Exclusive
Countries"). Under the agreement, once Clyvia has developed working
prototypes of its fractional depolymerization systems, Energy
Recycling Systems will have the exclusive right to distribute these
systems and peripheral products in the Exclusive Countries. Energy
Recycling Systems will also have non-exclusive rights to sell Clyvia`s
fractional depolymerization systems in Greece, Poland, Turkey and
Russia. Systems purchased and distributed by Energy Recycling Systems
will be sold under their own name.
Upon the Company having successfully developed working prototypes,
the agreement will extend for a term of three years, and will
automatically extend for an additional three years unless otherwise
terminated. The hope is that Energy Recycling Systems will be able to
sell at least five Clyvia fractional depolymerization systems per
year. The prices for any systems to be delivered to Energy Recycling
Systems under this agreement will be determined by the Company based
upon the technical specifications of the systems ordered.
The fractional depolymerization systems being developed by Clyvia
are designed to produce heating oil and diesel out of oil-based,
plastic and organic waste materials. The technology involves a process
similar to cracking crude oil. Long hydrocarbon chains are split at a
temperature of 400 degrees C, which are then evaporated and
precipitated in a condenser as heating oil or diesel.
In addition to offering new waste disposal solutions to public and
private waste management companies, the Company believes that its
technology will offer many industrial and business enterprises with a
cost-effective method for processing waste materials. The Company
hopes to be able to develop systems based on its technology capable of
processing between 4,000 to 40,000 tonnes of waste per year, with the
goal of being able to offer customized systems able to meet the
individual needs of the operator.
Clyvia Technology GmbH is a subsidiary of Clyvia Inc., a Nevada,
USA corporation. Clyvia`s shares are traded on the stock market in
Frankfurt (WKN:A0F59X, ISIN:US18975K1088) as well as on
over-the-counter market in the United States (OTCBB:CLYV).
This Press Release may contain, in addition to historical
information, forward-looking statements. These forward looking
statements are based on management`s expectations and beliefs, and may
involve known and unknown risks and uncertainties and other factors
that may cause the actual results to be materially different from the
results implied herein. In particular, readers are cautioned that the
Company is still in the process of developing systems based on its
fractional deploymerization technology and that there are no
assurances that the Company will be able to develop marketable
products based on that technology. In addition, there are no
assurances that the Company`s contract with Energy Recycling Systems
will result in the sale of any products that it develops.
Readers are cautioned not to place undue reliance on the
forward-looking statements made in this Press Release.
CLYVIA INC.
WALTER P.W. NOTTER, Chief Executive Officer and President
KEYWORD: EUROPE NORTH AMERICA NEVADA WASHINGTON UNITED STATES CANADA FRANCE
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OIL/GAS NATURAL RESOURCES ENVIRONMEN
CONTRACT/AGREEMENT
SOURCE: Clyvia Inc.
CONTACT INFORMATION:
Clyvia Technology GmbH
Dr. Manfred Sappok
Managing Director
+49-2432-893626
Fax: +49-2432-893629
or
Clyvia Technology GmbH
Friedrich-List-Allee 10
41488 Wegberg-Wildenrath
+49-2432-893626
Fax: +49-2432-893629
presse@clyvia-tec.om
*** end of story ***
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