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Neozyme Bio-Organic Catalytic Formulation for Treatment of Fats,
Oils and Greases (FOG) in Wastewater Systems is Gaining Market
Acceptance. August 8, 2002 - Aliso Viejo, California- Neozyme International, Inc. (Neozyme),
a subsidiary of International Daleco Corporation (ILDO), announced on
August 8, 2002 that the market acceptance is continuing to grow for its
patented bio-organic catalytic formulation which rapidly breaks down
organic contaminants. These contaminants are generally classified as fats,
oils and greases (FOG). According to a recent Wall Street Journal article,
annual maintenance costs in the United States alone are estimated to be up
to twenty-five billion dollars ($25,000,000,000).
Over the course of a number of years, Neozyme has been successfully
manufacturing and distributing a bio-organic catalytic product to a select
number of top hotels. This product rapidly breaks down the fats, oils and
greases (FOG) which are produced within these facilities, primarily in
their food preparation areas. Due to the difficulty of successfully
treating FOG’s with conventional products and equipment, Neozyme was able
to demonstrate long-term satisfaction with its product formulation,
resulting in continued sales and strong testimonials from key industry
members.
Major accounts include:
- Marriott Hotels
- Courtyard by Marriott Hotels
- Four Seasons Hotels
- Starwood Hotels and Resorts
- Hilton Hotels
- Embassy Suites
- Residence Inns by Marriott
- Omni Hotel Group
- Ritz Carlton Hotels
- Prestigious Las Vegas Casinos
Due to the success Neozyme enjoys with its current client base, it is
evaluating potential strategies for expanding sales and distribution of
its FOG bio-organic catalytic formulation. These markets may include,
among others, restaurants, fast food chains, hospitality, schools,
institutions, corporate, military and municipal. Increased regulatory
pressures have generated a strong interest for a product that is practical
to implement, reasonably priced and, most importantly, superior in
performance.
Neozyme manufactures and sells its patented line of bio-organic catalytic
formulations for numerous markets including, but not limited to, municipal
wastewater treatment, commercial/industrial, hydrocarbon remediation,
industrial metal cleaning and agriculture. All Neozyme products are
non-toxic, 100% biodegradable and can be safely used around humans,
animals, marine life, vegetation and the environment. No special clothing
or handling apparatus is required.
This News Release
contains certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based largely
on the Company’s expectations of forecasts of future events, can be
affected by inaccurate assumptions and are subject to various risks and
known and unknown uncertainties, a number of which are beyond the
Company’s control. Therefore, actual results could differ materially from
the forward-looking statements herein.
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