ENVIRONMENTAL REMEDIATION

Contaminated Soil, PetroLuxus™ and Ascension Technologies, Inc.

Contaminated soil has become a very serious environmental problem and health issue around the world. Approximately 70% of all current toxic remediation is paid for by the parties found responsible for the contamination, some of whom pay fines in excess of $100,000,000 per year until a site is acceptably remediated. The remaining sites are remediated by the government, utilizing funds procured pursuant to a tax on the petroleum and chemical industries.

The U.S. government created the Superfund under the jurisdiction of the EPA in 1980 in response to the environmental disasters at the Love Canal and Valley of the Drums. The function of the Superfund is to provide oversight to the nation’s hazardous waste sites in order to protect the public from abandoned, heavily contaminated toxic waste sites. The National Priority List (“NPL”) is a list of the worst hazardous waste sites that have been identified by the EPA using the Hazard Ranking System. All sites on the NPL are eligible for cleanup using Superfund trust money. The EPA received $600 million in funding from the American Recovery and Reinvestment Act of 2009 to accelerate the remediation for Superfund sites.

PetroLuxus™ has the potential to disrupt the currently available technologies and change the way these life-threatening environmental hazards are remediated. It is an invaluable technology in the remediation of environmental and industrial contamination.

The Company’s PetroLuxus™ product has proven its ability to remediate a number of hazardous materials including hex-chrome, coal tar and creosote. In March of 2009, the Company successfully participated in the remediation of a Region III EPA Superfund site governed by the Pennsylvania Department of Environmental Protection. The PetroLuxus™ formula can be altered to address a wide range of know toxins and contaminates such as those referenced above. Other Brownfield sites are generally abandoned or remain underutilized industrial or commercial facilities often made up of small parcels with multiple owners. Generally, other than funding the Brownfields program, the EPA is not involved in the cleanup of these properties. In the U.S., investigation and cleanup of Brownfield sites is largely regulated by state environmental agencies in cooperation with the EPA.

Continuous Earth Processing Technologies

The C.E.P.T. remediation process equipment is about the size of a large SUV. It is fully mobile and self-propelled. Previously excavated soil is deposited in the hopper at the top of the apparatus by a conventional front-end loader. Very large debris, such as rock, concrete or asphalt, is usually screened off at the hopper opening. From the hopper, the soil is transferred in a regulated flow to a custom designed processing mill. The mill impacts and shreds the soil, while blending a treatment solution (chemical, biological, or both), along with air and moisture, into the soil using a method that is proprietary to Ascension Technologies, Inc. The contaminant molecules in the soil are already being degraded or neutralized by the time the soil emerges from the processing mill. The treated soil may be deposited directly to the ground from the mill. However, the apparatus includes a conveyor system at the back end, which may be used to deposit the soil in locations and configurations as desired or to meet site space constraints.

The C.E.P.T. – F.R.E. – “Fluid Recovery Extraction” Process in Brief

The Ascension Technologies fluid recovery extraction mobile/skid mounted process, also know and the C.E.P.T. – F.R.E. unit, adds a complete additional phase to development of our highly contaminated (> 50,000 mg/kg +), high capacity (60 tons per hour thru 240 tons per hour) soil abilities with the addition of oil recycling and recovery from sand, soil and drill cuttings. This unit is ideal for resource recovery at “blowout” storage pits, tank bottoms and other highly contaminant environments.

Additionally, the “F.R.E.” process is available in a wheeled mobile unit with a production capacity of 60 tons per hour mounted on a 48′ Fontaine step deck trailer.

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