Solverdi Worldwide signs five-year, multi-location contract

NEW SOUTH WALES, AUSTRALIA: Solverdi Worldwide Ltd, the world’s renewable utility, today announced another substantial, long-term waste water processing contract. The name of the customer has been withheld at the customer’s request. The first year value of the contract is $1.2 million and requires Solverdi processing equipment be installed by January 31, 2010.

“Solverdi has the substantial privilege of signing a five year service contract with an environmental company in the United States. This opens great opportunities in several US markets, including Nevada, and in the near future, Illinois, Indiana and Ohio,” said Richard Doub, Division President.

“This contract plays to Solverdi’s strengths--processing waste water and delivering it back to the customer in raw materials and energy. We look forward to our installation work, which is scheduled to start in the current quarter in Nevada. Based on our performance, we can grow into additional locations in the United States."

Solverdi has the distinct advantage, through utilization of its licensed technology, to produce valuable renewable byproducts--all from various wastewater materials--resulting in renewable fuels, steam and water.

The Solverdi Process leverages its renewable fuels and specially engineered equipment with the use of amplified solar energy to supply electricity to an industrial or commercial building’s uninterruptable power supply. The Solverdi-owned system is generally installed on the exterior of the building and often fits inside a 100 square foot area (9.2 square meters).

All systems are designed, engineered and installed by specially trained Solverdi engineers and personnel. The Solverdi solution also meets LEED standards and meets UL standards.