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First American Scientific Corp (FASC - OTCBB) announces sale and installation of the KDS Micronex MF - 777 at first biomass co-generation power plant in Malaysia. Jun 20, 2005 2:23:00 PM KUALA LUMPUR, Malaysia, June 20 /PRNewswire-FirstCall/ - First American Scientific Corp. (FASC) announced today that the first of its new model KDS - MF 777 which was designed and fabricated by its Malaysian subsidiary for the palm oil industry, has been successfully installed and is in full operation at the first ever renewable green energy co-generation power plant to be connected to the power grid in Malaysia. The 14 megawatt TSH Biomass power plant in Kunak, Sabah, Malaysia, brought online in December 2004, operates continuously, 24 hours per day, 365 days per year generating electrical energy and steam for its palm oil operations with the KDS at its core. Please see pictures on our website www.fasc.net
According to Mr. Noel Wambeck, consulting engineer and partner in FASC - Malaysia (FASCM), "the addition of the MF-777 plays an integral role in the preparation of biomass as fuel and is responsible for a 30 % increase in efficiency of the power plant's operation. A total of three (3) KDS MF-777 systems will be purchased for this location, and three more are to be purchased by its sister plant in East Malaysia. The MF - 777 model, which processes seven (7) metric tons of biomass per hour, is an up-scaled version of the KDS250 which has been adapted for use specifically in the palm oil industry."
In Malaysia, the palm oil industry generates an over abundance of readily available waste biomass in the form of empty fruit bunches (EFB), shells and fibre. The Government's Small Renewable Energy Power (SREP) programs are now supporting the creation of 500 megawatts of new green power over the next 5 years. The KDS MF-777 has proven to be a critical factor in making this process economically feasible and FASCM has identified 58 prime palm oil operations suitable for conversion to green power by recycling their own waste biomass.
FASCM expects to install 30 similar systems within the next 5 years in Malaysia alone. Other high potential markets, such as Indonesia and neighboring countries will also be the focus of FASCM marketing efforts. All machinery for these markets will be manufactured in house by FASCM, significantly enhancing profitability and the ability to deliver quality products to the region.
According to Brian Nichols, President of FASC "the success achieved today in Malaysia is just the beginning of many more biomass cogeneration projects to come, not only in Southeast Asia, but worldwide. This first installation will become the showcase for our technology proving once and for all that the KDS holds the key to successfully recycling biomass for green power generation."
First American Scientific Corp Malaysia Sdn. Bhd., the exclusive licensee for FASC in Malaysia, Singapore, Thailand and Indonesia, is owned 50 % by FASC. The new technology MF-777 (patents pending) is owned 100 % by FASC and will be utilized in its operations worldwide.
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.OB Web Site: www.fasc.net Call Corporate Communications
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