U.S. Sustainable Energy Corporation Demonstrates Its Green Bio-Based Power Generation Capabilities to Italian Delegation
Posted on: Wednesday, 28 June 2006, 15:00 CDT
U.S. Sustainable Energy Corporation ("U.S. Sustainable" or "the Company") (PINKSHEETS: CYBR) announced today, "We are currently in final negotiations with Cofitral S.p.A of Milan, Italy. Based on their inspection of our Port Gibson, MS, plant earlier this month, Dr. Attilio Rossini, Chief Engineer with Cofitral S.p.A is submitting a proposed joint venture between U.S. Sustainable Energy and Cofitral to the Kyoto certification board of Italy for approval of a $750,000,000, one-gigawatt green energy plant.
"This joint venture with Cofitral is an excellent opportunity to introduce new bio-fuels to the European / Kyoto marketplace. All 25 Kyoto treaty countries are seeking green energy," stated John Rivera, CEO of U.S. Sustainable.
About COFITRAL S.p.A.
Cofitral is a joint stock company which designs, implements and manages business in the environment, agriculture, energy, transportation and logistics sectors.
The Company is divided into divisions that are oriented to the following specific markets:
1. Agriculture and livestock 2. Bio-fuels 3. Vegetable extracts for the cosmetic and pharmaceutical industries 4. Water treatment 5. Treatment of solid and liquid refuse 6. Renewable energy and energy saving
About CyberCare
The Company's technologies will include the rights to the certain patents and intellectual property rights currently contained in EarthFirst Technologies, Inc. (OTCBB: EFTI). Under EarthFirst's previously announced planned merger with Cast-Crete Corporation, EarthFirst/Cast-Crete will become the co-proponent of the Plan of Reorganization of CyberCare, Inc. ("CyberCare") (PINKSHEETS: CYBR). After the merger with Cast-Crete and CyberCare's emergence from reorganization, EarthFirst/Cast-Crete intends to combine the existing energy technologies with CyberCare's technology assets. The surviving entity will be known as U.S. Sustainable Energy Corporation (WWW.USSEC.US).
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes,""anticipates,""intends,""plans,""expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.
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For Further Information Please Contact: Redwood Consultants, LLC 415-884-0348 Contact via http://www.marketwire.com/mw/emailprcntct?id=3B9345B4B15AD69A
SOURCE: U.S. Sustainable Energy Corp
Source: MARKET WIRE
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