Solutions4CO2 Inc.
TSX VENTURE : SFC

Solutions4CO2 Inc.

April 30, 2012 08:30 ET

Solutions4CO2 Inc. Signs 'Design Build and Maintain' Agreement for Global Facilities

TORONTO, ONTARIO--(Marketwire - April 30, 2012) - Solutions4CO2 Inc. ("S4CO2") (TSX VENTURE:SFC), a Canadian waste gas/water to co-products company, is pleased to announce it has signed a long term agreement to design, build and maintain CO2 gas capture, infusion, control and monitoring systems for BARD Holding, Inc. The planned facilities will combine the leading technologies of S4CO2 and BARD to capture waste CO2 gas streams from local emitters to grow microalgae that will be further processed into high value co-products such as pharmaceuticals, nutraceuticals, biofuels, bioplastics, animal and aqua feeds.

Under the terms of the agreement S4CO2 will:

  • Design the gas capture and infusion components for all BARD facilities globally
  • Supply and install the highly efficient S4CO2 'Gas Capture and Infusion System' for all BARD facilities globally
  • Maintain the system at each facility for a period of 15 years

"We are pleased to extend our relationship with S4CO2 by signing this long term agreement to integrate S4CO2's best-in-class CO2 capture and infusion system into all of our planned facilities globally," said Dr. Surajit Khanna, Founder and CEO of BARD Holding, Inc.

"The signing of this agreement with BARD Holding allows S4CO2 to become a global leader in designing systems to utilize GHG emissions to produce high value added co-products and represents an exciting step forward in the global commercialization of our technology" said Douglas Kemp-Welch, President and CEO of Solutions4CO2 Inc.

About Soutions4CO2 Inc.:

Solutions4CO2 Inc. has a patented system to capture Greenhouse Gases (GHGs) from waste gas streams. The system utilizes these gases in the production of high-value co-products derived from microalgae. The Corporation's system utilizes patented technology under exclusive license and supply agreements to efficiently capture and separate the primary greenhouse gases, such as carbon dioxide, nitrogen dioxide and sulphur dioxide, from post combustion, fermentation or biogas processes. The system is capable of efficiently capturing over 95% of these gasses and delivers these gasses in a fully dissolved form into algae cultivation systems resulting in enhanced growth rates. The system is capable of optimizing the delivery of CO2 by monitoring the level of CO2 in solution to an accuracy of 5ppm. The company is focused on designing, building, operating and maintaining these waste gas/water to co-product systems in partnership with large emitters and co-product producers.

About BARD Holding, Inc.:

BARD Holding, Inc. is a U.S. based algae production company. In 2007, BARD entered the cleantech market with a focus on commercial-scale biodiesel production utilizing traditional feedstocks such as soybeans, palm, Jatropha and algae. BARD successfully modified its patent-pending microalgae cultivation technologies to provide natural, sustainable sources for a broad range of consumer products in the biofuel, animal feed, nutraceutical, pharmaceutical and biochemical industries. BARD was nominated by Smart CEO for the first annual VOLT Awards' "Small Tech Company of 2012" and "CleanTech Company of the Year" for 2012 Enterprise Awards by Pennsylvania's PACT (Greater Philadelphia Alliance for Capital and Technologies.) BARD was named 'Algaepreneur of 2009' by the National Algae Association. BARD Holding maintains headquarters outside of Philadelphia with production facilities in Georgia, and offices in New York, Houston, Washington, DC, San Francisco, Los Angeles, London and Berlin, Germany. For more information please visit www.bardholding.com.

For more information, please visit www.s4co2.com, or view the Prospectus on SEDAR at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Soutions4CO2 Inc.
    Douglas Kemp-Welch
    CEO
    416-803-9435
    www.s4co2.com

    Greenedge Capital Solutions
    Susan McLean
    647-345-5199