Jul 09, 2008
First American Scientific Corp (FASC - OTCBB) announces receipt of order for the sale of KDS System to Daeyun Enterprise Ltd. in Pusan, South Korea
VANCOUVER, July 9 /PRNewswire-FirstCall/ - FASC is pleased to announce the sale of a Model S-4 KDS machine to be used for processing and extracting high grade calcium from oyster shells gathered off the southern coast of South Korea.
According to Mr. Nichols, "our clients have been working with us on this project diligently for over 2 years, and now report that they have secured the necessary project financing to complete the processing plant. Funding will be in place by the end of July 2008 and the plant is expected to be operational by the end of October 2008. Our alliance with our Korean colleagues is finally beginning to pay off. This will be the third KDS system to be installed in Korea, and the first of several for this application."
The Korean group is also in the final planning phase of a full scale municipal waste processing site. Please see our new web-site for further details www.fasc.net
Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.
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