SOURCE: Verdant Technology Corporation

January 30, 2008 15:41 ET

Synchem Technology, L.L.C. Achieves Patent-Pending Status for V003 Solvent Series

HOUSTON, TX--(Marketwire - January 30, 2008) - Synchem Technology, L.L.C., a wholly owned subsidiary of Verdant Technology Corporation (PINKSHEETS: VTHC), announces patent-pending status for its breakthrough oilfield solvent series known as V003.

The V003 solvent series, a group of heavy hydrocarbon solvents designed to enhance recovery in oil field production applications and to remove restrictions that often hinder production in oil and gas wells and associated equipment, has been filed with the United States Patent and Trademark Office clearing the way for future approval while currently benefiting from patent-pending status.

Patent application was also filed with the Patent Cooperation Treaty (PCT), which covers 133 member states by international treaty. Additional applications will be filed in independent countries not currently covered by PCT protection as interest in V003 expands globally.

The V003 series solvents offer a major advancement from existing technologies currently in use in the petroleum industry. The solvents offer the first major step toward creating a biodegradable solvent that is capable of meeting or exceeding the effectiveness of the most powerful solvents currently utilized in today's oil and gas production industries. V003 solvents are also much safer for personnel in that their flash points are generally greater than 140°F and the problems related to fugitive VOC releases are virtually non existent.

The V003 solvents were initially developed to address the growing concern of oil producers about the hazards associated with most solvents currently used in the industry. When the V003 formulations were completed, observers were shocked at how effective the solvents were against even the most difficult hydrocarbon compounds especially bearing in mind the significant environmental and safety benefits that the V003 solvents possess over competitor products.

"With an ever expanding demand for technologies that facilitate the fast and efficient extraction and processing of oil and gas, Synchem Technologies' V003 solvents are ready to expand into this multibillion dollar market," said David J Curd, CEO of Verdant Technology Corporation. "With Synchem's unique technology and sensitivity toward the environment we expect the company to develop as a leading force in the production enhancement sector."

About Verdant Technology Corporation

Verdant Technology Corporation (PINKSHEETS: VTHC) is an incubator and developer of cutting-edge, environmentally sound technologies for the energy sector. Through its proven development program, the company identifies mid-stage technologies, shepherds them through the commercialization process and monetizes them under the management of seasoned experts. For more information about Verdant Technology Corporation's services and technologies please visit our website at or email

Statements in this release are "forward-looking" statements regarding Verdant Technology Corporation which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company.

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