LAKE FOREST, Calif., Dec. 10, 2003 (PRIMEZONE) -- Reclamation Consulting and Applications, Inc. (OTCBB:RCAA) announced today that it has entered into negotiations for distribution of the Company's ALDEROX(tm) line of products throughout China. This company is a member of ASTM (American Society for Testing and Materials) and is a recognized supplier of products to the petro-chemical, electric power and highway construction industries in China.
The trillion-dollar Chinese economy is one of the fastest growing in the world and a large portion of this is being allocated to new construction. China plans to make 99% of its towns and 90% of its villages accessible by paved roads. By the year 2020, China plans to connect all of its major cities, linking them with 22,369 miles of road network.
Additionally, China is currently working on 4.1 billion square feet of new housing projects, with 53.8 billion square feet to be built with government funding by 2005. These numbers do not include industry related construction, which is also growing rapidly.
Mike Davies, Vice President of RCAI stated, "We have been in discussions with our potential distributor for the past 8 months and are very comfortable with both the relationship and their capabilities to effectively manage such a large market." Mr. Davies went on to say, "Introduction of the ALDEROX(tm) line of products to China will be the most significant single event in the Company's history."
The ALDEROX(tm) line of non-stick and cleaning products are a completely non-hazardous, 100% biodegradable blend of various all natural materials. With the use of this product asphalt slides easily from truck beds and concrete is easily released from forms and molds. Our natural cleaners easily remove grease, oil and other tough to remove products.
RCAI is a research based industrial supply company, providing products and services throughout North America. RCAI specializes in the development and supply of advanced, environmentally friendly, industrial release agents, form oils, lubricants, and cleaners.
ALDEROX(tm) products are marketed in the United States by North American Systems, Inc. (tel. 714-542-3436) and internationally by RCAI.
For further information contact Mike Davies at the Company directly at tel. (949) 609-0590 or visit the Company online at www.rca-inc.com.
Certain of the statements in the news release are forward-looking. Such statements relating to the company's future business and the success of its products are based on Management's beliefs and opinions and also on assumptions made by and information currently available to the company. Such statements are subject to certain risks, uncertainties and the correctness of assumptions, and should be read with this cautionary statement in mind.