SOURCE: Enzyme Environmental Solutions Inc.

November 20, 2008 12:38 ET

Now Boarding: Enzyme Environmental Solutions

Odor Remediation on Order for South Korea

FORT WAYNE, IN--(Marketwire - November 20, 2008) - As the company's followers will remember, EESO (PINKSHEETS: EESO) presented its odor remediation technology a few months back to a few key prospects worldwide garnering the technology some much deserved praise. Since then, the company has been in talks with companies and certain governmental entities toward utilizing the technology to quantify odor overflow in areas and economies that rely on livestock farming, particularly hog farms, as a mainstay.

One such economy is that of South Korea, where EESO's IP has gotten significant attention. Attendee, Kwan Kim, was very impressed and issued verbal intent immediately upon close of the demo. Mr. Kim is Chief Consultant for a distributor of products to hog farming industries worldwide, primarily in South Korea with headquarters based in Toronto, Ontario, Canada.

Mr. Kim comments, "When I saw this technology, I knew it could be of major importance to the South Korean economy in terms of its ability to maintain, if not grow, its pork production, as odor has been a leading cause for concern among Ministry of Finance and pig and hog farms." Kim then returned to Toronto to discuss this with his company's President, Mr. Chong Lee, who initiated contact with EESO and its principal, Jared Hochstedler toward a mutually agreeable, long-term order contract.

Chong Lee's response for comment was a thorough one: "Laws in South Korea have been passed as of February 2005 with others pending that may have a negative effect on domestic pork production if something is not done. The Ministry of Environment (ME) has installed regulations that would require facilities, including hog farms, to install equipment to control odors. This and other proposals to be adopted will cause the smaller, less profitable swine farms rendered incapable of affording such equipment and they may go out of business."

In addition, research on Lee's statement further supports that the Ministry of Marine Affairs & Fisheries is placing restrictions on the amount of livestock manure that can be dumped in the open sea with the target of reducing this amount by 500,000 tons every year. As a result, manure disposal companies are expected to raise their prices by 24 percent in 2009, although increased fuel prices are also contributing to the rise in manure disposal prices. MOMAF has also proposed to implement a requirement by early 2009 that manure disposed in the open sea undergo residue testing for 20 different substances. These very substances are the ones that EESO's technology is designed to work with.

Enzyme Environmental Solutions' CEO and President Jared Hochstedler confirms that negotiations have reached a mutually agreeable contract with an order from Lee's company for private label of the Odor Remediation formula technology in addition to 15-17 4,950 gallon containers of enzyme-based environmental and agricultural products over the next year with an option on Lee's side for 4 more years at minimum 30 containers per year. "This first year order alone totals well over $7 million dollars for us and if Lee's distribution continues to deliver a satisfactory product to its recipients, as we believe it will, this deal alone will garner, conservatively, around 40 million dollars over the next five years for EESO. We're very proud to have made this connection with Mr. Lee and his company and look forward to exceeding his expectations in every way. Mr. Lee, in support of our company and its mission statement has released his contact info as (416) 709-6170 for press and other relevant media inquiries regarding our new relationship."

"Overall, I think it's a great success and one we've been working diligently to see through as we realize how important this technology is... I think many people underestimate the looming issues we have in the world regarding livestock odor and the many effects it can have on communities and economies if not managed properly," states Bill White, VP of Sales and Operations for EESO, "... and it's definitely not just Korea, by far. The U.S. is a major exporter of Pork and has even eliminated tariffs to its exporters in many cases to remain competitive... We can't be misled by the term 'hog farm.' The modern day hog factory has little in common with the traditional family farm of the old days. Now it is a highly mechanized, mass-production operation, especially here in the states."

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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