Integrated Environmental Technologies, Ltd. (OTC:BB IEVM) announced today that Benchmark Performance Group, Inc. has taken delivery of ten (10) more of IET's EcaFlo® Model C-104 units. Benchmark is installing the equipment into its Regional Distribution Center ("RDC"), located in Millwood, West Virginia. This "RDC" will begin serving Benchmark's customer needs in the Marcellus Shale region.
As IET's exclusive distributor for the oil & gas industry, Benchmark has methodically, scientifically and from an economic-feasibility standpoint introduced EcaFlo® Anolyte (trademarked by Benchmark as Excelyte® for the oil & gas market) to its service company clients for evaluation. Excelyte® has proven its substantial benefits over the biocides traditionally used in this industry and the demand for the 100% 'green' biocide continues to increase.
Benchmark's president, Wayne Kinsey, stated, "IET was right on the mark when they decided to expand their production capacities, which are now complete and operational." Kinsey further stated, "We are in our beginning phase of putting IET's EcaFlo® equipment into regional distribution centers that are in close proximity to the geographical area where those machines will be generating Excelyte® at full throttle. As we systematically build capacity for Excelyte® production, we will have a need for bringing more and more EcaFlo® equipment on-line in each of our regional distribution centers."
Bill Prince, president and CEO of IET, commented, "We have coordinated the roll-out of Excelyte® closely with Benchmark so that we are prepared, from a manufacturing perspective, to get our EcaFlo® equipment out the door and into service quickly and efficiently." Further, Prince stated, "The more demand that Benchmark's customers build for this 'green' biocide, the faster we will need to get EcaFlo® equipment into their distribution centers…and we are ready for 'go fast' mode."
For information about Integrated Environmental Technologies, Ltd. ("IEVM") or its wholly-owned operating subsidiary, IET, Inc., please visit www.ietltd.net (Investor Relations) and www.ietecaflo.com (Product Information).
For more information about Benchmark Performance Group, Inc., its Excelyte® product and its affiliated companies, please visit www.benchmark-research.com and www.excelyte.com.
Forward-Looking Statements: The statements in this press release regarding future opportunities and any other effect, result or aspect of the sale and delivery of EcaFlo® equipment and any other statements, which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including but not limited to, costs and difficulties related to the sale of EcaFlo® equipment, the state of the Company's current operations, results of tests, applicability of the Company's technology, costs, delays, and any other difficulties related to the Company's business plan, the company's sources of liquidity, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, marketability of the Company's EcaFlo® equipment, effects of EcaFlo® Anolyte, (Benchmark's "Excelyte®") and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts:
Integrated Environmental Technologies, Ltd./IET, Inc.
Bill
Prince, Chairman, President and CEO, 843-390-2500, 843-390-3900 (Fax)
president@ietltd.net
or
E. Wayne Kinsey III, Vice Chairman, Integrated Environmental
Technologies, Ltd.
Benchmark Performance Group, Inc.,
President and CEO, 713-986-2500, 713-986-2526 (Fax)
wkinsey@benchmark-research.com
