SOURCE: MSE Enviro-Tech Corp.

January 05, 2010 08:30 ET

MSE Enviro-Tech Corp. Commences Deliveries of Its New Anti-Fire Product -- the MSE Fire Inhibitor

MIAMI, FL--(Marketwire - January 5, 2010) - MSE ENVIRO-TECH CORP. (MEVT) (PINKSHEETS: MEVT) (FRANKFURT: MEH) is pleased to announce that it has begun supplying its new MSE Fire Inhibitor to selected key distributors and clients that the Company has worked with on introducing Fire Inhibitor over the past two years.

These clients have expressed ongoing interest in using and/or distributing Fire Inhibitor available through MSE Enviro-Tech, and in taking part in product testing aimed at establishing a basis for significant future use in large scale applications. The Company has maintained its relationships with these prospective distributors and end users throughout the new MSE Fire Inhibitor planning and product development stages.

Stock Split

The Company also wishes to notify its shareholders that the recently announced 3.5-for-1 stock split has been temporarily postponed pending a revision of the official payable date and final clearance by the Financial Industry Regulatory Authority (FINRA). The new official date will be announced as soon as it is finalized, expected in the next few weeks. The stock split will more than triple the number of common shares outstanding, from 15,979,373 to 55,927,805, thereby reducing, hopefully, the degree of illiquidity in daily share trading that so often characterizes companies with a very low number of shares outstanding, as has been the case with MSE Enviro-Tech Corp.'s daily share trading volumes. The split may be particularly timely, as the Company believes it is embarking on a period of increased corporate activity and revenue-producing developments. As well, stock splits generally have the added advantage of expanding, and thus enhancing, a Company's shareholder base.

The New Anti Fire Product Line

MSE Enviro-Tech Corp. has been collaborating with another entity in the development of an effective and more economical fire inhibitor that meets or exceeds the specifications required for its use across a wide array of applications. This new product will be manufactured in North America and preliminary figures indicate that it will come to market at an attractively low cost versus potential competing products.

MEVT's valuable experience in dealing with the anti-fire market, including rigorous testing and the process of certification and market approvals will stand the Company in good stead as it pursues market share with this extraordinary anti-fire product.

Marketing Network Well Advanced

MEVT's marketing efforts regarding fire inhibitor to the textile and wood industries over the past two years have placed the Company in a strong position with regards to supplying these industries with a superior and more economical product that will amply fulfill their needs. MEVT is planning a marketing campaign and the establishment of a network of agents and distributors for this exciting new anti-fire product line.

MSE Enviro-Tech Corp.

As a technology transfer company focused on the identification of promising opportunities, MEVT's recognition of a critical need for an effective anti-fire technology has guided a program of extensive testing and applications formulating over the past 2-plus years, including working with prospective major users who desire an economical and effective fire inhibitor. Accordingly, the Company has positioned itself to fulfill a critical anti-fire market need across many applications. Management is enthused that by developing its superior and more economical fire inhibiting product, MSE Enviro-Tech Corp. will now quickly achieve the marketing goals that it had set for itself in bringing an effective anti-fire product to a broad range of North American markets.

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Common Shares Outstanding: 15,979,373

Safe Harbor Statement

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's materials. Statements are subject to change without notice. We assume no obligation to update any forward-looking statements and nothing herein should be taken as a promise or representation.

Contact Information

  • For further information:
    MSE Enviro-Tech Corp.
    Investor Relations Contact:
    Mr. Brent O'Connor
    +1 647 343-2549