N-Viro International Announces Contract Award With Toho Water
September 19, 2013 Leave a comment
Toledo, Ohio, September 19, 2013 – N-Viro International Corporation (NVIC: OTCQB) announces a contract award from the Toho Water Authority in Kissimmee Florida. The Toho Water Authority issued a public request for qualified companies to submit proposals on July 31, 2013. N-Viro International Corporation’s wholly owned subsidiary Florida N-Viro responded to the request and our proposal was selected by the Toho Water Authority to be the most responsive of all the competing proposals submitted.
The contract award was approved by the Toho Water Authority Board during a scheduled meeting on September 11, 2013 and the contract has been executed. The contract provides for a three year term with two 1-year renewals, and will gross $1,432,110 in anticipated annual revenue. Florida N-Viro will provide Class AA services to The Toho Water Authority for the treatment of residual biosolids produced by the Authority’s wastewater treatment facilities. Additionally, Bio Mineral Transportation, a wholly owned transportation subsidiary of N-Viro International Corporation, will provide transportation services during the term of the contract.
About N-Viro International
N-Viro International Corporation is a leader in the conversion of organic materials generated from industrial, agricultural and municipal sources. The Company’s proprietary, patented technologies, unique services and materials handling expertise are combined to offer turnkey solutions in both soil enrichment and alternative fuel development. For more information, please visit www.nviro.com or the N-Viro International Blog.
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. Additional information and 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, 2012 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.