MARTI Selected for Major Arsenic Remediation Project
Tuesday February 6, 8:00 am ET
APEX, NC--(MARKET WIRE)--Feb 6, 2007 -- Metals and Arsenic Removal Technology, Inc. (MARTI,
www.martiwater.com) was recently awarded a contract by a major engineering firm for a large arsenic remediation project in central Florida. The project involves a former agricultural site that has been documented to have severe arsenic ground contamination over a wide area with measured ground water levels in excess of 400 ppm, an amount which is over 40,000 times higher than the level considered safe by federal standards. Earlier this year, the EPA established a maximum safe arsenic level in potable water of 10 ppb. MARTI's technology was selected over several competing bids as the preferential treatment to address these very high levels of contamination. The joint effort between MARTI and the engineering firm, scheduled to begin in 2Q07, is expected to take up to 24 months to complete, and will represent a substantial achievement for a project of this magnitude.
MARTI is a portfolio company of HydroFlo, Inc. (Other OTC:HYRF.PK - News), and is headquartered in Apex, North Carolina. HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. The mission of HydroFlo, Inc. is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. For more information, please visit
www.hydroflo.us.ADVERTISEMENT
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Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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