SOURCE: Harmonic Energy Inc.

Harmonic Energy Inc.

January 29, 2013 03:16 ET

Harmonic Energy Committed to Creating New Green Jobs in Manufacturing

LONDON--(Marketwire - Jan 29, 2013) - Harmonic Energy Inc. (OTCQB: ASUV) is a company focused on tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability has estimated that the development of its planned "LEED" certified tyre manufacturing and recycling plants could create approximately 2500 new permanent green manufacturing jobs and roughly 1000 construction and indirect jobs.

Harmonic specialises in the manufacturing of new tyres and the recovery of energy and commodities from oil based waste streams. ASUV is focussing on the global problem of managing the safe disposal and reuse of end-of-life tyres. Until now most scrap tyres have been burned or buried, but this will all change with Harmonic plans to integrate their Tyrolysis recycling system to create the lowest carbon-foot-print tyres possible and will manufacture and recycle spent tyres with a significantly lower cost to the environment than current methods, while at the same time eliminating the reliance on tyre disposal subsidies and eco-fees.

After years of development and planning the construction start date is now in sight for Harmonic's revolutionary end-to-end, closed loop integrated facility. As Harmonic rolls out its planned projects it could generate a substantial number of jobs both directly and indirectly during the construction phase of it projects and hundreds of long-term domestic manufacturing jobs, which would support the growth of a new, green industry in North America's manufacturing heartland.

Jamie Mann, CEO of Harmonic Energy, spoke about the job-creation opportunities the projects will offer. "At a time when both the US and UK governments are exploring all realistic possibilities of creating employment and generating growth, we feel it is particularly pertinent that Harmonic is well positioned to provide the sustainable jobs that are so needed, directly benefit the local industry and generate the tax revenue from a low carbon, future proof business," he said.

Harmonic Energy's tyre manufacturing and recycling systems are encouraging the creation of a green domestic manufacturing supply chain, for better, more environmentally responsible automotive products which will help industry transition to energy independence and greater resource efficiency.

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 Sumitomo Rubber Industries, Ltd., Nankang Rubber Tire Corp., Ltd., and Hankook 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 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 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.