RALEIGH, N.C., July 20, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) today announced that its subsidiary, HydroFlo Water Treatment, has shipped the final components of its patented PLUS System to Santa Cruz County, California for installation at one of its large pumping stations.
The installation of this final component is planned to be completed within the next several weeks, with start-up of the system expected at that time. Testing and measurements of the wastewater after treatment will then be conducted and reported.
HydroFlo Water Treatment and Santa Cruz County entered into an agreement in the spring of 2004 to place a PLUS system at a lift station, with a flow rate of more than 8 million gallons per day and a force-main line of greater than 4.5 miles. The system was designed to use oxygen, generated on-site, in order to eliminate the sulfides and resultant odors in the wastewater.
The County of Santa Cruz typically uses chemicals to control odors from hydrogen sulfide created by the anaerobic wastewater. Use of the HydroFlo PLUS System will provide Santa Cruz with the ability to control odor and corrosion resulting from hydrogen sulfide, reducing or eliminating the use of costly chemicals.
"We are pleased to begin working with Santa Cruz to provide a solution to the odor problems at this pumping station and look forward to continuing to provide solutions for their odor problems at other lift stations, as we work to expand the business of HydroFlo Water Treatment and build value in HydroFlo's investment portfolio," said Dennis Mast, CEO of HydroFlo.
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. The company also provides a full range of related services to companies and municipalities to treat their wastewater at the treatment plant by the use of the energy efficient aeration systems in treatment lagoons.
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.