COMMERCE CITY, CO -- (MARKET WIRE) -- 08/26/10 -- Strategic Environmental & Energy Resources, Inc. (SEER) (PINKSHEETS: SENR), a provider of technology-based industrial services in the environmental, energy, and rail transportation sectors, today announced that one of its subsidiaries, MV, LLC, will be delivering a proprietary design and engineered odor control system to a Fortune 500 energy company. The customer has previously ordered similar systems from MV. The new system consists of two units, each rated at 1,100 cfm, and is valued at $680,000.
The customer will use the OdorFilters at its refinery to remove H2S, mercaptans, thiols, and carbon disulfide from hot oil storage tanks associated with the refinery's coker unit.
"This is further validation of the OdorFilters technology and operating efficiencies," said Paul Trost, president of MV.
"MV has many similar but smaller systems already installed throughout the U.S. and we are starting to receive inquiries from other countries, including South America, for large systems to treat emissions from several different industries," said John Combs, president of SEER. "We are starting to see increasing interest and demand develop since we have begun cross marketing MV with our other SEER subsidiary, REGS, LLC. Further, the need for MV's odor control systems is increasing domestically as U.S. refineries are receiving more crudes from regions other than the Middle East."
MV's patent-pending OdorFilter system operates using a combined physical-chemical process and a biological process. The physical-chemical process converts the sulfide-containing gases (e.g. H2S) to a form of pyrite that is commonly found in nature. The biological process facilitates the physical-chemical process but, more important, allows biological destruction of certain gaseous organic compounds that are readily biodegradable. Thus the single unit serves a dual purpose and has many advantages over competitive products.
Over the past three years MV has designed, constructed, and installed OdorFilters at numerous refineries, asphalt plants, waste water treatment plants, and even grease traps to eliminate the odors commonly associated with sulfide-containing fugitive, malodorous gases.
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. is a leading provider of technology-based industrial services in the environmental, energy, and rail transportation sectors. The Company has three operating subsidiaries: REGS, LLC (d/b/a Resource Environmental Group Services), that provides industrial services to companies in the petroleum, industrial, manufacturing, and medical industries, as well as to university, government and environmental consulting sectors; Tactical Cleaning Company, LLC, a dedicated fixed and mobile railcar and tanker truck cleaning company with operations in Colorado, Montana, Nebraska, Louisiana, and Oklahoma, with plans to expand into additional states; and MV, LLC, an innovative developer and provider of technology-based renewable energy alternatives and economic environmental solutions related to emission and vapor control. Together, these companies provide industrial and tank cleaning services, oil & gas field services, hydroblasting services, environmental construction services, management and transportation of industrial wastes, railcar and tanker truck cleaning, sludge dewatering services, vapor and emission control technologies, renewable energy alternatives, and general environmental and waste management services.
For more information, go to:
http://www.seer-corp.com
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about demand for, and effectiveness of, the Company's products and services are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
Contact: John Combs President Strategic Environmental & Energy Resources 303-295-6297
Released August 26, 2010