Syntec's Catalyst Results Validated by Independent Third Party
May 18 2010 - 12:36PM
Marketwired
Syntec Biofuel Inc. (Syntec) (OTCBB: SYBF) is pleased to report
that Dr. Kevin J. Smith head of the Department of Chemical and
Biological Engineering at the University of British Columbia (UBC)
in Vancouver, Canada has provided Syntec with a report based on the
preliminary catalyst activity measurements that UBC made using one
of Syntec's catalysts. Dr. Smith states that, "(sic. the results)
compare favorably to data reported independently by Syntec Biofuel
Inc." Dr. Smith further states that, "Good agreement between the
Syntec and UBC product distribution data was observed." UBC is a
highly respected academic institute that is doing extensive
research and development in chemical engineering.
Mr. Jackson, CEO, says, "I am exceedingly pleased with the UBC
results which support the fact that Syntec has a viable catalyst
which can now be launched into a Pilot Plant that will be used as a
showcase to license our technology for commercial application."
Syntec Biofuel Inc. is a chemical/fuel company whose core
technology is the development of a proprietary (patent pending)
thermo-chemical catalyst process that converts biomass (such as
wood waste, agricultural waste, MSW and energy crops) into mixed
alcohols (ethanol, methanol, propanol and butanol). The catalysts
can also be used to convert syngas from natural gas, biogas and
gasified coal into mixed alcohols.
Forward-Looking Statements
This press release contains statements about future performance,
events, or developments that are also known as "forward-looking
statements". Forward-looking statements are based on current
expectations, estimates, forecasts, and projections about us, our
future performance and the industries in which we operate as well
as on our management's assumptions and beliefs. These statements
are highly speculative and involve risks, uncertainties, and
assumptions that are difficult to assess. You should not construe
any of these statements as a definitive or invariable expression of
what will actually occur or result. For a description of these and
some other risks and uncertainties, you should read the reports we
have filed with the Securities and Exchange Commission, including
periodic reports on Forms 10-K, 10-Q and 8-K. Except as required
under the federal securities laws and the rules and regulations of
the SEC, we do not have any intention or obligation to update
publicly any forward-looking statements we make, even if new
information, future events, changes in assumptions or any other
reason would alter those statements. Furthermore, we urge you not
to invest in our company if in the event the company failed your
investment loss would affect your living standards.
Contacts: Syntec Biofuel Inc. Nancy Ross (604) 648-2092 (604)
648-2091 (FAX) nancy@syntecbiofuel.com www.syntecbiofuel.com
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