SOURCE: Harmonic Energy Inc.

Harmonic Energy Inc.

January 23, 2013 10:12 ET

ASUV Excited to Work With the Obama Administration to Achieve Energy Independence & Job Creation Using Sustainable Domestic Manufacturing

LONDON--(Marketwire - Jan 23, 2013) - Harmonic Energy Inc. (OTCQB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability, believe America's recovery begins with energy -- clean, renewable energy for the 21st century. But to truly transform our economy, protect our security and save our planet from the ravages of climate change, we need to ultimately make renewable energy profitable, which will increase the uptake of environmental technologies that can be integrated within industry to increase efficiency, lower costs and generate sustainable jobs.

Harmonic is in the process of implementing such of an application to increase manufacturing efficiencies of oil based products that rely on finite resources, specifically the tyre industry. The Company's proven hybrid tyre pyrolysis and gasification systems combined with new tyre manufacturing technologies is a complete end to end solution for the industry, ensuring that 100% of scrap tyres can safely reused or recovered for their energy and commodities. These commodities recovered from a highly problematic waste, provide greener alternatives for use in the industrial manufacturing heartlands. Harmonic plans to establish a clean, green and profitable business with research and development projects in conjunction with Universities and government agencies.

The US government has created numerous funding initiates and development loan guarantee programs to support and aid companies like Harmonic Energy Inc. It is the Company's objective to utilize these and other government programs available within the Federal system and to enter into public private partnerships, with local and state governments. Finally, Harmonic Energy is supporting efforts to have Congress allow the establishment of Renewable Energy Investment Trusts ("REIT"s) which will expand the ability of renewable energy companies to raise capital on a project by project basis. Harmonic Energy is well positioned to take advantage of what the future holds in providing its clean, industrial energy solutions and is keen to work along with the Obama administration towards sustainable energy independence.

President Obama recently said in his second Inaugural Address that the United States should be a leader in sustainable energy and framed the issue as a matter of national security and economic opportunity. "We cannot cede to other nations the technology that will power new jobs and new industries -- we must claim its promise," he said.

ASUV believes that its vertically integrated tyre manufacturing and recycling systems hold the key to a profitable, sustainable market for the growth of a greener tyre manufacturing sector. ASUV plans to compete alongside major international corporations striving for more sustainable tyre manufacturing solutions and commodities, such as Toyo Tire & Rubber Co., Ltd., Nokian Tyres PLC., and Nexen Tire Co., Ltd.

About Harmonic Energy Inc.

Harmonic is a company that focuses on a comprehensive solution to the disposition of scrap tyres worldwide. Harmonic's plans include the utilization of proven technologies that ensure each scrap tyre is either remanufactured and put back on the road as a new tyre or is completely recycled and reduced into marketable chemical commodity products. Both the tyre remanufacturing and carbonization technologies that will be utilized by Harmonic have been commercially proven at full scale.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive 'closed-loop' solution for the management of scrap tyres. 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

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.