2009年12月16日星期三

BioMaxx Systems Inc. - Biomaxx Systems Inc. signs Memorandum of Understanding with Morita Biotek Pvt Limited to advance a bio-ethanol action In India

BioMaxx Systems Inc.Store this angel in big sizeToronto, Ontario Canada - (For actual release) – June 5, 2006 4:00 PM EST

Biomaxx Systems Inc. (Other OTC: BMXSF) is admiring to advertise that the aggregation has active a Memorandum of Understanding (MOU) with Morita Biotek Pvt Limited (Morita Biotek) of Hyderabad, India. This MOU represents a cogent befalling for Biomaxx Systems Inc. to acquaint our proprietary biofuels and booze technologies and consulting ability to the Indian and Asian markets. Morita Biotek Pvt Limited has affianced Biomaxx Systems Inc. for the cardinal development of a bio-ethanol activity in the arena of Andhra Pradesh to acclaim Morita’s all-encompassing business and logistical ability of the petroleum and biofuels markets in India and South East Asia.

Under the agreement of this MOU, Biomaxx Systems Inc. and Morita Biotek Pvt Limited will coact and abet on the development of a biofuels achievability abstraction with specific absorption in the areas of booze application biomass and raw actual that is in affluence in the across of Andhra Pradesh in India. Both parties accede this cardinal accord as authentic by the MOU will actualize a cogent business befalling wherein Biomaxx Systems will accommodate accurate technologies and the accessories requirements for a processing bulb and with proprietary Biomaxx processes, Morita Biotek will body a accompaniment of the art ability to aftermath bio-ethanol from feedstock or biomass and bazaar and deliver bio-ethanol, application Biomaxx technologies in South East Asia.

The President of Biomaxx Systems – Mr. Ronald Crowe states - “ We are admiring to plan with a aggregation such as Morita Biotek, that shares in our charge to bio-fuel technologies and the all-around abridgement of assurance on deposit fuels that could cause adverse CO2 emissions and Green House Gases, in cooperation we can advice to apathetic the trend of all-around warming. The aggregation is aflame with the actuality that this represents a cogent befalling in the awful busy India market. India currently imports 70% of awkward oil which accounts for over $ 40 billion per year. As Morita Biotek has acclaimed that represents $ 425 actor for every $ 1.00 dollar access in the amount of awkward oil. Bio-ethanol will abundantly abate this assurance on imports, acknowledgment in a lot of allotment to companies like Morita Biotek.”

"Biomaxx has begin accepting for its technology in all-around markets. This accord will added position Morita Biotek actual agreeably in Asian Market, as Biomaxx is able-bodied admired for its consultancy casework and Technical ability of Ethanol” said Ram Pathuri, Managing Director, Morita Biotek Pvt Limited.

What is bio-ethanol?
As bio-ethanol is a renewable ammunition acquired from plants (such as candied sorghum, cassava, cereals, amoroso beet etc.) or biomass (such as copse waste), the primary ecology account is the abridgement of CO² emissions. The use of bio-ethanol can advance to up to a cogent abridgement in all-embracing CO² emissions compared to a acceptable petrol alone engine. Bio-ethanol acclimated as allotment of the fuel, by aggregate with petrol, for a motor car is alleged fuel-ethanol. Bio-ethanol can be attenuated in assorted accommodation in petrol.

About Morita Biotek PVT Limited

Morita Biotek, based in Hyderabad, India specializes in technology, design, engineering, accomplish and accumulation of accessories for distillery plants, booze plants, brewery plants & accompanying arising analysis plants and is the buyer of advice accompanying to assorted processes for the same. Besides, Morita Biotek is a activity sciences R&D enabling aggregation with a focus on bio-IT, micro arrays and arrangement analysis services.

About Biomaxx Systems Inc.

Biomaxx Systems Inc.’s accumulated authorization is to advance clean, able and safe activity alternatives and to abate emissions and ascendancy blooming abode gas emissions for the Global addition ammunition markets. Biomaxx Systems Inc. affairs to advance proprietary biotechnology processes to advance the ability of beverage action acclimated to aftermath bio-fuels and intends on licensing this technology.

Biomaxx Systems Inc. aswell provides able consulting casework in the fields of Biotechnology, Bio Fuels, Renewable activity and accompanying specializations. Biomaxx will advantage the ability of our accomplished professionals and consultants with audible specializations in the key areas of biotechnology and bio-energy. Biomaxx Systems Inc. is a Canadian aggregation with all-embracing reach, accoutrement a lot of all-around markets.

Safe Harbour Statement:
This absolution includes advanced analytic statements, which are based on assertive assumptions and reflects management's accepted expectations. These advanced analytic statements are accountable to a amount of risks and uncertainties that could could cause absolute after-effects or contest to alter materially from accepted expectations. The Company disclaims any ambition or obligation to amend or alter any advanced analytic statements, whether as a aftereffect of new information, approaching contest or otherwise.

For added advice amuse contact:

Biomaxx Systems Inc.
Investor Relations
Suite 1801 - 1 Yonge Street
Toronto
Ontario M5E 1W7
Canada
+1 416 915 2855
Email: investorrelations@biomaxxsystems.com
Copyright © 2006 Biomaxx Systems Inc. All rights reserved

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