RALEIGH, N.C., July 14, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) today announced that its subsidiary, HydroFlo Water Treatment, has received an order for basin aeration units at Circle S Foods, a poultry processing plant in Teachey, North Carolina, for use in a wastewater basin of approximately 500,000 gallons.
"The HydroFlo Water Treatment marketing and sales effort continues to make inroads in the industrial and public wastewater sector, including some 16,000 publicly owned wastewater treatment plants, 100,000 major pumping stations, 600,000 miles of sanitary sewers, and 200,000 miles of storm sewers. This installation will provide a benchmark site for use of our basin aeration systems," commented Dennis Mast, CEO of HydroFlo.
The units were shipped almost immediately after order and are scheduled for installation and start-up within one week. Management of the poultry plant became interested in the HydroFlo system due to a number of its features, including (1) fine bubble aeration without membranes; (2) energy efficiency; (3) low horsepower requirements; (4) low maintenance; (5) quiet operation; and (6) high efficiency oxygen transfer. The plant will be able to replace the 150 horsepower of blowers and 2,000 membranes that are currently in use with an energy efficient HydroFlo system.
Membranes of the system currently in use at the plant have deteriorated and ruptured because of the high temperature and pressures required to dissolve oxygen into water. The HydroFlo system was selected due to the fine bubble diffuser failure in the existing system and the ability of the rapid response offered by HydroFlo's technology. The basin aeration units will also provide high efficiency aeration at minimal operating costs, with no membranes to foul or rupture, and transfer efficiency is 200%-300% better than fine bubble diffusion.
"We are extremely pleased to announce this order and look forward to demonstrating the effectiveness of our basin aeration technology to this industry," added Mr. Mast.
About the Company
HydroFlo, Inc. (http://www.hydroflo.us) is a Business Development Company, as defined by the Investment Act of 1940. Headquartered in Raleigh, North Carolina, HydroFlo's core focus is to seek out synergistic acquisitions that will provide capital appreciation and income from its portfolio companies. Its first portfolio investment company, HydroFlo Water Treatment (http://www.hydroflo-inc.com) is in the business of providing aeration equipment used for the pre-treatment of wastewater. Using the patented Pressure Line Up-Stream or PLUS pre-treatment system, HydroFlo Water Treatment provides customers a treatment process at their pumping stations, prior to the wastewater reaching a treatment plant.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.