BioPower Operations Corp. Signs Global License Agreement for
Patented Process to Reduce Landfill Wastes
FORT LAUDERDALE, Fla.,
Dec. 5, 2012 /PRNewswire/
-- BioPower Operations Corporation (OTCQB: BOPO)
("BioPower") announces Global Energy Crops Corporation, a wholly
owned subsidiary of BioPower, on November
27 has signed a global licensing agreement with Alternative
Green Today, LLC. ("AGT"), a developer of patented
technology that can produce fertilizer and ethanol from the wastes
of poultry, hogs and human solid waste. This patented process takes
one step to convert the wastes and requires standard
"Off-The-Shelf" equipment with no need for pyrolysis, gasification,
or supercritical operations.
BioPower believes this process may help to address major
environmental problems affecting the
United States and worldwide by converting waste into
reusable products. If commercialized, the technology has the
potential for greatly reducing the amount of waste entering
landfills. The products that are produced from this patented
process include ethanol, Class A fertilizer, animal feed and many
derivative bio based products.
Randall Padgett, Managing Member
of AGT stated, "We have been working closely with BioPower's
experienced management team for several months and believe the
execution of this license will greatly benefit both
organizations. BioPower has significant contacts with major
corporations and municipalities that will help to develop projects
quickly and rapidly and accelerate the roll out of the technology
which will begin to immediately reduce waste going to landfills
with each project."
Robert Kohn, CEO of BioPower,
stated, "We are very pleased to secure the Global license for this
patented technology as I have previously worked with municipalities
and their recycling solutions for their waste streams. We are
putting a diverse team of strong bio industrial experience together
to develop end products for the consumer and wholesale markets
served by traditional distribution channels. The Company will
initially target those organizations with significant needs to
solve their waste problems including poultry producers,
manufacturers producing sugar wastes and municipal water and sewage
treatment facilities."
About Alternative Green Today, LLC
AGT is the developer of the patented technology that converts
poultry, hog manure and sugar wastes into ethanol and organic
fertilizer. Other products, such as animal feed, can be
produced by mixing the high protein content converted waste with
feed additives. The patented technology is a one step
platform that integrates enzymatic fermentation process that
requires no pretreatment of the feedstock before
fermentation. During the fermentation process the bacteria
within the wastes are inactivated by the injected proprietary
microbes that also hydrolyze natural biopolymers and
simultaneously convert the hydrolyzed fermentable sugars into
ethanol.
The process can also convert human waste which is reduced from
the conversion of it to ethanol and CO2. Once
commercialized, BioPower believes that the process will allow
sewage treatment plants to reduce or entirely eliminate their
sludge volumes and create saleable Class A fertilizer in lieu of
delivering pressed sludge to a landfill in an environmentally
unsound method. The process allows farmers to utilize the bacteria
free solids to be sold and utilized as an environmentally safe soil
amendment or fertilizer. Savings result from less energy used
in the processing of sludge, elimination of the hauling costs of
treated sludge, and the added profit from ethanol and fertilizer
sales. Water utilized in the fermentation stage is
recycled back into the process minimizing waste streams from the
process.
About BioPower Operations Corporation
BioPower Operations Corporation is a development stage,
reporting company, focused on growing biomass coupled with the
production and sale of biomass products and byproducts. The senior
management team has analyzed numerous biomass technologies and
various market niche opportunities resulting in short term plans to
produce and sell bio oils from biomass that can be converted
into food ingredients, nutraceuticals, biofuels, animal feed or
electricity. Biomass is a broad term that encompasses all
plant and animal matter that can be used either as a source of
energy or for its chemical components when converted into bio oils,
biofuels, green electricity, animal feed and other valuable
products. Global Energy Crops Corporation is a wholly-owned
subsidiary of BioPower Operations Corporation which intends to
focus on the use of this patented technology with (1) poultry
operations, (2) manufacturers producing sugar wastes and (3)
municipalities. GECC intends to provide solutions for the
handling of animal and human waste including lowering the costs of
disposal into landfills.
The company's website can be viewed
at www.biopowercorp.com
This release contains forward-looking statements, including,
without limitation, statements concerning our business and possible
or assumed future results of operations. Our actual results could
differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a
going concern, adverse economic changes affecting markets we serve;
competition in our markets and industry segments; our timing and
the profitability of entering new markets; greater than expected
costs, customer acceptance of our products or difficulties related
to our integration of the businesses we may acquire; and other
risks and uncertainties as may be detailed from time to time in our
public announcements and SEC filings. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, they relate only to events as of the date on which the
statements are made, and our future results, levels of activity,
performance or achievements may not meet these expectations. We do
not intend to update any of the forward-looking statements after
the date of this document to conform these statements to actual
results or to changes in our expectations, except as required by
law. There is no assurance that a definitive agreement will be
completed.
Contact:
BioPower Operations Corporation 954-607-2800
Investor Relations Constellation Asset Advisors, Inc.
415-524-8500
Robert Kohn, CEO 954.607.2800;
rkohn@biopowercorp.com
SOURCE BioPower Operations Corporation