EnviroXtract, Inc. Announces an Agreement to Acquire Technology License for Biomedical 'Red Bag' Waste Incineration, Subject to Final Approval by the Board of Directors

Companies:
Enviroxtract, Inc.
Press Release Source: EnviroXtract, Inc. On Tuesday December 29, 2009, 4:00 pm EST
EDMOND, Okla., Dec. 29, 2009 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets:EVXA - News) announced today that it has reached an agreement with RTEX Industrial Supply, Inc., subject to final approval by the Board of Directors, to acquire a technology license for a proprietary process to efficiently incinerate biomedical 'red bag' waste and other biohazardous materials.
Carlton Wingett, President/CEO of EnviroXtract states, "The RTEX biomedical and Red Bag waste incineration system could generate almost-immediate revenues for EnviroXtract upon successful implementation on a local or regional scale. The process appears to integrate well with our own proprietary thermal technologies to create another promising application which should enhance the 'green' EnviroXtract environmental remediation business model and create additional potential revenue sources for EnviroXtract."
Biomedical waste consists of solids, liquids, sharps, and laboratory waste that are potentially infectious or dangerous. Biomedical waste must be properly managed to protect the general public, specifically healthcare and sanitation workers who are regularly exposed to biomedical waste as an occupational hazard.
Biomedical waste differs from other types of hazardous waste, such as industrial waste, in that it comes from biological sources or is used in the diagnosis, prevention, or treatment of diseases. Common producers of biomedical waste include hospitals, health clinics, nursing homes, medical research laboratories, offices of physicians, dentists, and veterinarians, home health care, and funeral homes.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil... is extremely energy efficient... leaves clean, dry tailings with no residual oil... requires no water, natural gas, fossil fuels, or chemicals during processing... discharges no pollutants... and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract will implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. The results of these tests and subsequent analysis will be updated regularly on the EnviroXtract website, www.EnviroXtract.com. EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.