LAKE OSEWEGO, Ore.--(BUSINESS WIRE)--On July 9, 2012, T5 Corp. (OTCBB: TFIV) was appointed as the Preferred Provider of environmental remediation technology to EnviroPacific Services Pty Ltd., one of the leading environmental remediation contractors in Australia. Pursuant to the Preferred Provider Agreement, EnviroPacific will provide T5 the first opportunity to provide T5’s proprietary technology and equipment for projects in Australia. T5 and EnviroPacific have agreed to promote each other’s products and services, and T5 will assist EnviroPacific with technical analysis and support on bids and proposals.
EnviroPacific has been in operation since 2001 and has grown to a staff of more than 70 persons, comprised largely of engineers, scientists and supervisory personnel. EnviroPacific has been awarded high-profile environmental and civil engineering projects in Australia, including remediation of the Hunters Hill Site and the Evans Head Memorial Aerodrome. EnviroPacific has substantial experience using thermal desorption technology, and has purchased and operated equipment designed and manufactured by the T5 management team.
T5 invents, manufactures and operates revolutionary Waste-2-Commodity technologies within the energy industry, focusing on the oil and gas industry. Its technologies transform waste into usable products, protecting the health and living conditions of others.
Patrick Garrett, CEO of T5, commented, “Our management team is very excited to renew our relationship with EnviroPacific. We believe that great opportunities for T5 are immediately available in Australia. T5 and EnviroPacific together bring an unparalleled engineering and technology capability to remediation and recycling projects in Australia. We expect that our joint efforts will result in substantial projects in the near future.”
ABOUT T5 CORP.
T5 Corp. is a technology company providing remediation and recycling services to the oil and gas industry. T5’s management team has more than 100 years of combined experience in remediation projects and has designed, built and operated successful remediation projects throughout the world for more than 15 years. For more information, visit www.t5corp.com.
ABOUT ENVIROPACIFIC SERVICES PTY LTD.
EnviroPacific Services are industry leaders in site remediation and industrial waste management, including the treatment of contaminated soils, water and by-products from industrial and manufacturing production. We have extensive expertise in delivering efficient and cost effective environmental remediation solutions to a broad range of public sectors and private enterprise. Through its acquisition of JFTA, EnviroPacific Services provides a unique multi-disciplined and turn-key engineering service offering to the petrochemical industry. Our core services include design, engineering, construction, maintenance, decommissioning and remediation of hazardous facilities.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including, but not limited to, statements regarding T5 Corp. and plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in T5 Corp.’s filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. T5 Corp. undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.