Tuesday, October 26, 2010

N-Viro International Corp. (NVIC.OB) Expands Biosolids Management in Florida and Enhances Financials

Yesterday, N-Viro International Corp. added the city of Oviedo, FL to its biosolids management business. N-Viro International, an environment and materials handling company, is the owner of patented technology used to convert various bio-organics into renewable fuel. Its N-Viro fuel product has been awarded with alternative energy status by the E.P.A., qualifying the tech for renewable energy incentives.

The details of N-Viro’s deal with Oviedo include providing wastewater residuals treatment and expertise over a three-year term. This growth initiative in Florida is one of the strategic projects initiated by the N-Viro management team. N-Viro has two manufacturing facilities producing N-Viro Soil, the base technology that supports company revenues, for an array of customers.

Timothy R. Kasmoch, CEO and President of N-Viro, stated, “This small cap company is gaining assets, resources and new business as we promote our current product technology and accelerate the commercial application of N-Viro Fuel.”

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