N-Viro International Announces Long-Term Growth Strategy / Expects to Deliver N-Viro Fuel Domestically and Internationally
August 17, 2015 Leave a comment
Toledo, Ohio, August 17, 2015 – N-Viro International Corporation (NVIC: OTCQB) announces an aggressive plan to install an N-Viro Fuel™ processing facility at the Company’s permitted processing plant located in central Florida. The expansion can provide the ability to integrate all patented technologies in one permanent location. The Company believes domestic operations to begin producing N-Viro Fuel in the first half of 2016.
The current processing facility in Polk County Florida has been in operation for one year producing N-Viro Soil™. The Company has been successful in treating biosolids into a Class AA product under FLDEP regulations and marketing the N-Viro Soil as a valuable commodity. Adding the N-Viro Fuel technology can give the Company the ability to showcase all N-Viro technologies to both domestic and international audiences. Additionally, N-Viro envisions having the ability to develop new processes and expand into new, patented technologies.
“This is a common sense decision. I anticipate increased revenues at the Florida facility in 2016 with a very modest investment in infrastructure, while providing the ability to expand research and assist international development,” Timothy R. Kasmoch, CEO and President of N-Viro International Corporation, said. “Our international development is robust. We currently have an active China project with Guangzhou XinMingRun Purification Co., Ltd., and are working towards additional China projects we can announce. As we move forward to develop new domestic and international projects, having a full scale company-owned operating facility actively employing all our technologies will provide reliable and valuable operating and financial data,” Kasmoch concluded.
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 both 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, 2014 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.