Daleco Resources announces wastewater treatment technology license

WEST CHESTER, PA, Feb. 4, 2010 -- Daleco Resources Corporation has entered into a License Agreement concerning two U.S. method patents held by William G. Smith of the Enviro/Sci Corporation for the treatment of wastewaters...

WEST CHESTER, PA, Feb. 4, 2010 -- Gary J. Novinskie, President of Daleco Resources Corporation, announced today that Daleco has entered into a License Agreement concerning two United States method patents held by William G. Smith of the Enviro/Sci Corporation for the treatment of wastewaters. The technology has been successfully employed in a full scale wastewater treatment facility for the past four years. The license applies to the United States and covers the use of the technology in water, wastewater and waste treatment in animal feed operations, agriculture, and aquaculture. In addition, the license applies to the treatment of sanitary wastewater on Federal facilities, military bases and lands administered by the United States Bureau of Indian Affairs.

Mr. Novinskie noted that the licensed technology utilizes the Company's ReNuGen™ zeolite wastewater treatment product. The technology has the potential of being a cost effective and energy efficient process improvement and addresses the growing environmental concerns associated with the discharge of biological nutrients (nitrogen and phosphorous compounds) from agricultural, commercial and industrial sites. The U.S. Environmental Protection Agency (EPA) has indicated that these types of discharges can have a negative impact on the nation's water resources. The EPA has taken steps to impose stricter water quality standards in various states and designated ground water basins.

He further noted that the licensed wastewater treatment technology represents an extension of the efforts of the Company to commercialize its significant zeolite deposits in Texas and Utah.

Daleco Resources is a resource company with operating subsidiaries active in oil and gas, industrial minerals, and environmental remediation technology.

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