SOURCE: MOP Environmental Solutions, Inc.

Mop Environmental Solutions, Inc.

April 18, 2011 11:30 ET

MOPN Posts 2010 Annual Report Revealing 1000 Percent Increase in Revenues; MOPN Introduction Into Saudi Arabia

BATH, NH--(Marketwire - Apr 18, 2011) - MOP Environmental Solutions, Inc. (PINKSHEETS: MOPN) posted its 2010 Annual Report with OTC Markets.Highlights of these financials show significant financial improvements in all areas compared to the prior year: The Company's 2010 total revenues are increased 1000% over 2009. Cash on hand rose by more than 50%; total assets increased by 10%; and total liabilities less than 6%.

The complete financials can be viewed at: www.otcmarkets.com/stock/MOPN/financials.

CEO Charles Diamond stated: "In 2010, the 1000 percent increase in revenues is quite spectacular. but needs to be put into perspective. MOP Environmental, like many small companies, continues to operate at a loss. The primary reason for the 1000 percent increase in revenues was due to involvement in the BP Horizon Gulf of Mexico Oil Spill where we anticipated an authentic and thorough cleanup effort by BP. However BP clearly abandoned this responsibility.

"In response to the BP Oil Spill, our stock price went up to a high of $0.35 and we garnered worldwide media attention. This led to serious inquiries regarding our MOP Maximum Oil Pickup® product from around the globe, most notable of which was from Saudi Arabia. Our product MOP has now been observed in operation by our Saudi hosts and this has resulted in a fully paid invitation (www.togo.to/PMU) for an academic presentation of our product to representatives in the oil industry and to government officials in multiple workshops and private sessions. These sessions are further described below.

"In the wake of the finished activity of the BP Oil Spill, and with the assistance of Saudi friends, we are now entering into new opportunities to service multiple oil companies and accounts in the Middle East. These oil companies are up to 40 times larger than BP with known existing large projects. MOP has already taken preliminary steps to promptly accommodate a ramp up of demand.

"Without encouraging any speculation, we nevertheless do believe, we have an authentic opportunity to once again achieve successive 1000% increases in revenues over those for 2010 in the next 12 months, and the coming years. We also believe our focus on this new market will result in a much stronger company operating at a significant profit with steady growth."

Introducing MOP in Saudi Arabia
MOPN Company President and CEO Charles Diamond stated: "We are excited by our invitation from the Prince Muhammad Bin Fahd University to present at two workshops." For details of CEO Diamond's workshop agenda see: (www.togo.to/PMU).

Our workshops are totally academic and will include a series of demonstrations and talks with an opportunity to personally meet with those in attendance.

In attendance at the Oil Spill Workshop will be representatives of the largest oil companies including Saudi and other Gulf Cooperation Council (GCC)1 Country Representatives including; Oil Spill Response Managers and Personnel, Facility and Pipeline Managers, Scientists, Engineers and Other Key Oil, Government and Industry Representatives.

In attendance at the Waste-to-Energy Workshop will be Saudi Solid Waste Managers and Personnel, Energy Production Managers, Scientists and Engineers."

CEO Diamond further states: "I am enthusiastic that the Saudi concerns cover every aspect of our technology. Their interest includes oil-contaminated-land-reclamation, oil spill preparedness, oil spill response on land and water, and municipal waste-to-energy, (carbon negative bio-char technology).

Saudi resources can include potential funding, and includes a discussed immediate need –with applications that we have already reviewed with our Saudi friends. (Applications that are appropriate candidates include the use of our MOP Maximum Oil Pickup sorbents and our new MOP RESCUE technology, such as applicable on the 1200+ mile oil saturated Saudi Arabian Gulf coastline.) We anticipate a firsthand tour of the polluted coastline since the workshops will be held within close walking distance.

The Saudi interest appears to include the desire, the inclination and the motivation, to effectuate the best and most practical answers for resolution of these and many other problems. We intend to present an academic description to members of the government and industry including comparisons of all the known alternatives. We intend to indicate what we believe are indeed the best and most practical answers to resolve these problems and why."

ABOUT MOP ENVIRONMENTAL SOLUTIONS, INC.:

MOP ENVIRONMENTAL SOLUTIONS, INC. participated in the cleanup effort of the BP Horizon Gulf Oil Spill.

MOP Environmental Solutions, Inc. (PINKSHEETS: MOPN) is a publicly traded company. MOP Maximum Oil Pickup® is a "cradle-to-cradle" green product that is arguably the most effective oil spill recovery system on the market. For information see www.mopenvironmental.com

Brief Description of the MOP Technology:

MOP Maximum Oil Pickup® is an aggressive oleophilic and hydrophobic (oil attracting and water repelling) sorbent made from recycled and fully biodegradable materials, manufactured using small-scale hydroelectric green energy. MOP's properties are such that it can effectively deal with oil spills the size of the BP Horizon Gulf Oil Spill yet is equally effective at cleaning up oil spills off a garage floor.

MOP Environmental Solutions, Inc. addresses All Oil Spill Needs in Three Multi-Billion Dollar Markets.

  • Direct to the Consumer -- Ideal for leaks and spills from Auto, RV, Motorized Home Equipment and Used Cooking Oils.

  • Commercial Industrial -- Every company with machinery has a need for MOP.

  • International Spill Response -- MOP as the First Response is The Best Option for All Oil Spills on Land or Water.

MOP Environmental Solutions, Inc. manufactures and distributes MOP Maximum Oil Pickup®. MOP picks up and recovers oil spilled on land and/or water. This revolutionary, 100% recyclable, absorbent material, picks up to 30 times its own weight in oil, without absorbing water, restores traction on slippery surfaces, yet is as safe to the environment as a leaf falling from a tree. MOP offers the fastest, safest, lowest cost way to restore a clean, natural environment from any oil spill, indoors, outdoors, on land or water in all weather conditions, and uniquely can pay for itself from the offsetting revenues of its oil recovery option.

Forward-looking statements in this news release are pursuant to safe harbor provisions of Section 21E of Securities Exchange Act of 1934. Investors are cautioned that statements in this release are not strictly historical statements, including without limitation, management's plans and objectives for future operations, assessment of market factors, statements regarding strategy, company plans and its strategic partners. These constitute forward-looking statements, are not guarantees of the company's future performance and are subject to risks and uncertainties, such as funding for machinery and materials, success in acquiring customers, maintaining needed government relationships, and successfully executing a business plan, which could cause the company's actual future results to differ materially from the forward-looking statements. For all such forward-looking statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MOP Environmental Solutions, Inc. disclaims any obligation to update any forward-looking statement made herein.

1 The Cooperation Council for the Arab States of the Gulf (CCASG); also known as the Gulf Cooperation Council (GCC); is a political and economic union of the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait.

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