VANCOUVER, BC, CANADA, October 31, 2001 — Service Systems International, Ltd., a provider of UV technology for the disinfection of water and wastewater expects the use of UV systems for ensuring clean air and water may be significantly increased due to threats of bioterrorism.
Company President Ken Fielding states, "UV is a safe and effective means of increasing security immediately, and at an affordable price. The Global Water Industry reports the market value for Point of Use and Point of Entry equipment currently exceeds US$3.0 billion annually. Prior to the events of September 11th, Innovative Research Associates estimated that the UV market would surge from US$210 million in 2000 to US$900 million in 2005. Public water utilities supply the US population with over 40 billion gallons of water per day; all this water must receive some form of disinfection. "
In order to capture a share of this spending, Service Systems is preparing to launch manufacturing and marketing of the following products:
* Multi barrier water systems including filtration and ultraviolet disinfection
* Multi barrier ventilation systems including ultraviolet disinfection
* Ultraviolet Systems to disinfect surface biological contaminates for use in mailrooms, food packaging, bottling and other assembly line processes
Service Systems is in negotiations with it's investment bankers Rosenfeld, Goldman & Ware for the required funding to support these additional activities.
Fielding also explains, "While the Company is in the transition period we will aggressively move forward in offering our successful Ultra Guard® UV products used in the wastewater industry. At this time we are finalizing contracts for products currently available through our Strategic Alliance and International marketing agreements."
Service Systems, which manufactures and markets Ultra Guard® UV Disinfection systems through its subsidiary, UV Systems Technology, foresees a marked increase in the adoption of this technology. Ultraviolet systems have been shown to be highly effective in eliminating many dangerous pathogens, targeted for use in biological warfare including Anthrax, (see www.engr.psu.edu/ae/wjkaerob.html). As well, waterborne pathogens such as E. Coli, Cryptosporidium (Crypto), Giardia, and many other infectious bio-organisms are currently being deactivated using UV light.
The use of UV as a means of eliminating pathogens is not new. In fact, the process has been around since the early 1900s but has gained industry-wide acceptance as the disinfection technology of choice over the last decade. As a result of the significant library of testing knowledge available, today's UV systems are better able to target the precise dosage or "kill rate", thereby providing an adequate measure of safety. The risks associated with chemicals; and increasing health and safety consciousness to humans and the environment, continue to drive purchasers to UV.
Fielding adds, "The opportunities in the air and water purification sectors seem to defy the recessionary trend exhibited by industries catering to other markets. As far as we can see, disinfection of water and air will continue to be one of the world's largest growth areas for the next 20 years and beyond. The overwhelming response to our news release dated October 16, 2001 has shown a real need for products that address the concerns associated with current events. The introduction of UV to deal with the entire spectrum of micro-organisms as well as the bioterrorism threat should mean a boom for UV Systems Technology, Inc and other companies in this industry."
Expressions of interest and requests for additional information should be directed to Service Systems at www.servicesystems.com or www.ultraguard.com.
