EDMONTON, Alberta and LAS VEGAS, Aug. 29, 2005 (PRIMEZONE) -- Syngas Energy Corp., a subsidiary of Fairchild International Corp. (OTCBB:FCHL), is pleased to announce that it has entered into an agreement with Beiseker Envirotech Inc., a wholly owned company of Canglobe International Inc., to supply a Syngas Fluidized Bed Gasifier (FBG) and Combustor for their medical waste treatment plant at Beiseker, Alberta. The FBG will be used to thermally destroy expired pharmaceuticals and supplements.
Beiseker Envirotech has selected the Syngas FBG because of its superior suitability over that of a fixed bed incinerator to dispose of this type of material. The high temperature Fluid Bed Gasifier is designed to intimately mix and efficiently break down the pill size wastes in an environmentally safe manner. The Beiseker facility currently treats medical waste from British Columbia, Alberta, Saskatchewan, and Manitoba.
The present Syngas FBG being supplied will process 100 kilograms per hour of pill form wastes.
Beiseker Envirotech is in the process of expanding its medical waste treatment facility and is expected to look to Syngas to supply a larger system within the next few months. In the interim, the Syngas FBG provides Syngas with a medium for commercial testing while providing for revenues on a per/kilo of raw materials processed.
About Fairchild International Corp.:
Fairchild International Corp. (OTCBB:FCHL), through its subsidiary Syngas Energy Corp., develops integrated gasification production systems that use modern gasification technologies to produce synthetic gas, hydrogen, or electricity. Syngas' goal is to deliver a reliable source of clean, renewable, cost-effective, reliable energy.
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "foresee," "revolutionary," "should," "ideal," "extremely," and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Fairchild's filings with the Securities and Exchange Commission, including, without limitation, Fairchild's recent Form 10-KSB and Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.