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[QUOTE]Originally posted by IMAKEMONEY: [QB] Related Quotes Sym. Price Chg. BUGS Trade News 0.011 0.001 SSWM Trade News 0.04 0 Mexico Federal Electricity Commission Funds Project for SSWM Subsidiary in Mexico; SSWM Subsidiary to Start Work on First Contract at Electricity Generating Plan September 20, 2006 09:45:30 (ET) CARLSBAD, Calif., Sep 20, 2006 (BUSINESS WIRE) -- Sub-Surface Waste Management of Delaware, Inc. (SSWM, Trade), announced that its Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI), signed its $1.1 million subcontract agreement with the National Autonomous University of Mexico (UNAM) under a recently awarded new contract from the Federal Electricity Commission (C.F.E.). ETI will mobilize to one of the largest power generating plants in the south of Mexico, in Merida, Yucatan, at Nachi Cocom. Bruce Beattie, CEO of SSWM, stated, "We are pleased to be able to start this important project after several delays were incurred in authorizing release of funds due to resolution of specific tasks in our scope of work. This facility was sited three years ago, by the office of Attorney General for the Protection of the Environment, for major violations of hydrocarbon contaminants and our successful completion of this project should substantially enhance ETI environmental presence in the Mexican Republic and lead to additional environmental clean-ups at other generating plants. We expect a second project for remediation at the Merida II plant to be awarded later this year which is anticipated to be twice the magnitude of work as compared to the facility at Nachi Cocom." About Sub-Surface Waste Management Sub-Surface Waste Management Inc. is a majority owned subsidiary of U.S. Microbics, Inc. (BUGS, Trade), and provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies. SSWM is capitalizing on its patented technologies registered in Mexico with SEMARNAT a Federal regulatory agency overseeing environmental compliance nationwide. Investors and media contact Bruce Beattie at 760-918-1860, ext. 105 or bbeattie*bugsatwork.com; or learn about the company by visiting its Web site at [URL=http://www.subsurfacewastemanagement.com.]www.subsurfacewastemanagement.com.[/URL] The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request. SOURCE: U.S. Microbics, Inc. Sub-Surface Waste Management Inc. Bruce Beattie, 760-918-1860, ext. 105 bbeattie*bugsatwork.com Copyright Business Wire 2006 [/QB][/QUOTE]
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