SOURCE: First American Scientific Corporation

October 09, 2006 10:12 ET

First American Scientific Corp. (FASC -- OTCBB) Announces Sale of the EnergyCabin to Nakusp Energy Corp.

VANCOUVER, BC -- (MARKET WIRE) -- October 9, 2006 -- First American Scientific Corp. (OTCBB: FASC) announces the signing of a contract for the sale and installation of an EnergyCabin heating system that will supply heat to Nakusp High School in the central BC community of Nakusp, B.C., Canada. The EnergyCabin will replace the school's existing propane fueled boilers, and is expected to reduce heating costs by 30%.

According to David Grimshire, Chairman, Nakusp Energy Corporation, "We are pleased to host the first EnergyCabin™ project in North America. The key features of this project are the innovative integration of world-class solar and wood pellet heating technologies and ability of FASC to quickly deliver a packaged solution that meets our community's needs. With the support of Natural Resources Canada, we will replace the propane currently used for heating Nakusp Secondary School with renewable energy in the form of wood pellets and/or wood chips and at the same time achieve a 30% savings on the school's fuel bill by switching to the EnergyCabin."

According to David Dungate, VP - Marketing of FASC, "With over 10,000 EnergyCabin systems currently operating successfully in Europe, the EnergyCabin® combines solar energy with wood pellet technology to provide heat and hot water year round for residential and commercial applications. It can be connected directly to any existing hot water heating system and can completely replace traditional boilers. There is a great market potential for the EnergyCabin technology for heating and cooling applications from 50,000 BTU to 10 million BTU for residential, commercial and public sector customers. Since 69% of energy use in North American buildings is for space heating and hot water, recent initiatives to reduce dependence on fossil fuels and reduce greenhouse gas emissions, will create a strong market for the EnergyCabin which provides a plug-and-play solution combining the best features of solar thermal and wood pellet boilers. The EnergyCabin boiler achieves an exceptional 92% efficiency and easily exceeds the most stringent emission limits while significantly reducing fuel costs. In 2005 in Austria, the wood pellet boiler market surpassed the market for oil boilers and with the sale of 350,000 conventional boilers per year in the USA; we see great opportunities for growth."

According to Brian Nichols, President of FASC, "We believe the addition of the EnergyCabin's proven technology to our product line will result in a significant increase in revenues for FASC. Further, by combining the EnergyCabin with our KDS biomass disintegration system and conventional pelletizing equipment, we will create a complete 'green waste to energy' process that can replace conventional gas or oil fueled heating systems. This is the first sale of many that we expect to achieve this year."

EnergyCabin is manufactured in Austria by EnergyCabin Produktions-und Vertriebs-Gmb. Please see this website for more details

FASC is the Official Distributor of the EnergyCabin in North America, Asia and South America.

Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.

C. Kantonen, Chairman
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