SOURCE: Vision Plasma Systems, Inc.

October 31, 2012 08:00 ET

Vision Plasma Systems Announces Details of Agreement Signed With the Mayor of the City of Londrina, Brazil for Financing, Tax Incentives, and the Donation of Land for a Manufacturing Facility in Londrina

RENO, NV--(Marketwire - Oct 31, 2012) - Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) today announced details of its agreement signed with the Mayor of Londrina, in the State of Paraná, Brazil promising financing, tax incentives, and land donation to induce Vision Plasma Systems to manufacture the company's Arc Master I Mobile Plasma Gasification System in Londrina. 

With meetings that lasted over three weeks, the Mayor and his staff discussed several business incentives that would be made available to Vision Plasma Systems to incentivize the company to headquarter its South American manufacturing facility in Londrina. The Agreement outlined these incentives and signed by the Mayor hopes to help create up to 500 advanced technology jobs to the greater Londrina area and target its customers in South America and Africa. 

Emerging as the seventh largest economy in the world, Brazil has been a quiet leader in advanced energy and environmental solutions and as their industrial sector grows so does their need to protect their environment and to seek out technological advancements while positively protecting their environment. Londrina lies within the State of Paraná and is at the center of the South American technology business zone called Mercosul. Manufacturing capabilities in Londrina are further optimized by a modern highway and railroad system that provides direct logistics access to the seaport of Paranagua.

The Arc Master I mobile unit, the first of its kind, was designed to deploy a clean and green remediation solution to various worldwide corporations, military, government, and municipal customers. The unit is capable of converting up to 5 tons per day of hazardous wastes without any air emissions or ash from the gasification process. Built inside two (2) ISO 40' metal containers, the Arc Master I can be easily transported by truck, rail, ship, or plane worldwide to provide a fast and mobile solution to the remediation of all forms of waste. The Arc Master I mobile unit is entirely self-powering, creating its own energy from the waste that it processes, and creating up to 240KW of usable electricity at the site.

About Vision Plasma Systems, Inc.
Vision Plasma Systems, Inc. is a designer, developer, and marketer of its proprietary mobile plasma arc gasification unit called the Arc Master I. The company is committed to providing affordable energy resource management for federal and commercial clients through sustainable and renewable energy technologies, land reclamation, products and services.

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