SOURCE: MSE Enviro-Tech Corp.

February 27, 2008 16:00 ET

MSE Enviro-Tech Corp. Progressing Towards Achieving Reporting Issuer Status With Enhanced Stock Listing

BRENTWOOD, TN--(Marketwire - February 27, 2008) - MSE Enviro-Tech Corp. (PINKSHEETS: MEVT) (FRANKFURT: MEH) is pleased to announce that it is nearing completion of the audits and other documentation and filings necessary to facilitate advancing the status of the Company to that of a 'fully reporting issuer' quoted on the NASD OTC Bulletin Board.

"While the preparation of these filings has been a laborious and time consuming process, we believe that the end result -- an enhanced corporate status and trading platform for the Company's shares -- will benefit both the Company and its shareholders in the future, particularly in light of the Company's continued focus on driving sales revenues and, ultimately, net earnings." -- Michael S. Robinson, MSE President & CEO

MSE Enviro-Tech Corp.

The Company owns the United States Agency Rights to the leading edge line of Hartindo anti-fire products that have been effective in numerous other countries and which are being introduced across the United States by MSE Enviro-Tech Corp. MSE is in the process of developing business relationships with original equipment manufacturers (OEMs) while also attempting to establish a nationwide network of agents and distributors for the complete line of Hartindo environmentally friendly anti-fire products. As previously announced, numerous independent tests have been successfully carried out on Hartindo AF21, AF31 and the Titan Fire Blanket products to advance them to certification for North American mass marketing.

Anti-Fire Regulations Tightening

In light of the devastating effects and costs of accidental fires, anti-fire regulations in the United States and Canada are steadily becoming more stringent. In the United States, the Consumer Product Safety Commission advanced a proposal on February 1, 2008 that would "require consumer upholstered furniture to be smolder- and flame-resistant, which is not required now," said Julie Vallese, a spokeswoman for the agency. This development has very positive implications for MSE in light of the potential of the Company's AF21 as effective water based, non-toxic, environmentally friendly fire inhibitor that has been independently tested and appears to be superior to competing products.

The Consumer Product Safety Commission noted that "upholstered furniture fires cost the U.S. about $1.6 billion each year. About 100 deaths and 130 injuries every year could be prevented by enforcing the standard, according to the agency's estimates."

Cautionary Note About This Communication

This communication is provided to inform our shareholders, customers and potential customers and others on a regular and timely basis of rapidly occurring developments concerning our products and our business.

This communication contains disclosures concerning developments relating to our business and our products and services the actual results of which involve substantial risks and uncertainties. Although this communication contains information about what we and the reader may view as positive or significant developments concerning our products and services, such as test results and letters of intent, nothing in this communication is intended to infer or imply that development of commercially viable products or business relationships will occur or that we or our strategic partners will be able to generate revenues or profits from the sale of our products and services.

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in this communication in making any investment decisions concerning our securities.

In compliance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, MEVT notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, MEVT wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance that the above-described events will be completed. There can be no assurance of the ability of the Company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future.

Contact Information

  • Contact:
    Contact Information:

    Michael S. Robinson
    President & CEO
    MSE Enviro-Tech Corp.

    MSE Enviro-Tech Corp. USA offices
    330 Franklin Rd
    Suite 135A
    Brentwood, TN 37027
    615.478.2322 (Cell)
    615.373.0472 (Fax)
    615.376.5601 (Office)