SOURCE: Harmonic Energy Inc.

Harmonic Energy Inc.

August 04, 2014 05:30 ET

Additional Partners Approach Harmonic Energy for Tires, Steel, Oil, Energy & Carbon

LONDON, UNITED KINGDOM--(Marketwired - Aug 4, 2014) - Harmonic Energy Inc. (OTCQB: ASUV) is a company focused on tire manufacturing and recycling using an innovative approach to energy efficiency and sustainability. Harmonic is pleased to announce that it is now taking open calls for additional partners for its expansion plans. Harmonic offers a number of investment opportunities within the company's four primary areas of activity within the tire recycling sector: tire recycling project development, integrated manufacturing applications, additional partnering for feedstock procurement (scrap tire providers) and commodity off-take (end users).

Project Development: Harmonic develops recycling projects that are based on commercially proven technologies and proprietary know-how for advanced recycling and thermal conversion of scrap tires using the company's exclusively licensed patented process. The Company is currently being approached by a number of potential investment partners who are interested in possibly funding projects, engineering, permitting, and a number of acquisitions under consideration. Harmonic's approach is unique in the tire recycling sector and is currently attracting a lot of attention based on the large amount of new project inquiries the company reviews on a monthly basis. Many project developers approach Harmonic with interesting opportunities, but they often lack the funding and critical components required to successfully carry their project through to completion and require some additional support, this provides Harmonic with the ability to joint venture or acquire these projects. If you have an interest in the Company's tire recycling projects and would like to know more about Harmonic and its activities please email bizdev@harmonicenergyinc.com.

Technology Integration: Harmonic believes it is unlikely that any one single technology will adequately address the looming climate, waste and energy crisis. Instead, the right answer will comprise of a suite of solutions and technologies that will tap into a wide spectrum of alternative energy sources. Harmonic provides unique and alternative solutions which could satisfy the overall energy and raw materials demand of the tire manufacturing sector.

Tire Feedstock: Harmonic is currently seeking to add additional volume to its current feedstock base by connecting with several large waste collection service providers and scrap tire producers and committing to long term tire feedstock supply agreements for its recycling and manufacturing facilities.

Off-take Commodities: Harmonic is also partnering with manufacturers and industries that can benefit from greener and more economical sources of energy and commodities. Harmonic is positioned to offer long term off-take contracts for large industrial end users of tires, energy, oil, steel, and carbon black.

ASUV believes that its vertically integrated tire manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tire manufacturing sector by providing a complete end to end solution. Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive 'closed-loop' solution for the management of scrap tires, which is a massive global problem. By design, Harmonic plans to offer a solution that replicates nature's intentions by developing symbiosis between waste, energy supply and sustainable growth. ASUV plans to compete alongside major international corporations striving for more sustainable tire manufacturing solutions and commodities, such as Titan International Inc, Pirelli and Bridgestone.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tires worldwide. Harmonic's plans include the utilization of proven technologies that ensure each scrap tire is either remanufactured and put back on the road as a new tire or is completely recycled and reduced into marketable chemical commodity products. Both the tire remanufacturing and carbonization technologies that will be utilized by Harmonic are commercially proven and have viable operating commercial facilities.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive 'closed-loop' solution for the management of scrap tires. By design, Harmonic plans to offer a solution that replicates nature's intentions by developing symbiosis between waste, energy supply and sustainable growth. For more information please visit ASUV's website - www.harmonicenergyinc.com .

Safe Harbor
Statements in this release may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting Harmonic Energy Inc and its business. There can be no assurance that such forward-looking statements will ever prove to be accurate and readers should not place undue reliance on any such forward-looking statements contained herein. Harmonic Energy Inc will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.