Jan 29, 2009
First American Scientific Corp (FASC – OTCBB) FASC ships KDS system to Latvia
Vancouver, Canada: Brian Nichols, President of First American Scientific Corp. (FASC) is pleased to announce that we have completed the sale and shipped the first KDS system to Baltica Invest AS of Norway which will be used to a dryer/grinder of sea-bed algae found in remote regions of Northern Europe. Baltica and its partners operate several dredging and reclamation sites where water bound algae is being developed into a high nutrient fertilizer. The first system will be installed at its Latvian operation immediately.
According to Frode Kvilhaug, Managing Directeur of Baltica, “the first KDS system will be installed at our reclamation site near Riga, Latvia where sea-bed algae is being processed into high nutrient fertilizers and other products. Once successfully operating, our plans include expansion which will include the purchase of three additional KDS machines”
According to Brian Nichols, “ our KDS equipment produces a clean dry powder from the algae which we expect will greatly enhance the quality and production rate of Baltica’s operation. Once they complete the initial order to buy 4 machines, which is expected within the coming calendar year, they will earn the right to be our sole distributor in Norway and will expand the KDS marketing efforts to biomass and green energy applications throughout Scandinavia.”
Please refer to our web site for further details.
Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.
ON BEHALF OF THE BOARD OF DIRECTORS
C. Kantonen, Chairman
FASC: (NASD Bulletin Board) Web Site: www.fasc.net
Call Corporate Communications Toll Free: 1-800-561-8656
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