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FOR IMMEDIATE RELEASE STARTECH ENVIRONMENTAL REPRESENTATIVE RECEIVES CONTRACT FOR 200-TON-PER-DAY PLASMA CONVERTER FACILITY IN PANAMA WILTON, CT, September 19, 2006 --/WORLD-WIRE/-- Startech Environmental Corporation (OTCBB: STHK), a fully reporting company, announced today that on September 12, 2006, Sicmar International Panama S. A. signed a contract with the city of Las Tablas securing the land and the waste for the 200-ton-per-day Sicmar Plasma Converter Facility. This first-of-its-kind resource recovery center in Panama will process municipal solid waste. Sicmar International is a Startech associate and the company's exclusive representative in the Republic of Panama. Victor Sziky, President of Sicmar International, said, "The Las Tablas facility will be the technical and financial model for five to ten replicated municipal facilities in Panama addressing the countries national waste management crisis, and its vigorous sustainable development initiatives." Startech Vice President of Sales, Stephen J. Landa, said, "We have a few minor details left to be settled in our contract with Sicmar so that production can begin before year end for a commissioning date targeted in early 2008." About Sicmar - a Panamanian Corporation Sicmar International Panama S.A., is a waste processing project development company headquartered in Panama City, Panama. For further information, please contact Victor Sziky at Sicmar International Panama S.A., Edificio Metropolis, Suite 13C, Avenida Manuel Espinosa Batista, Ciudad Y Provincia Panama, Republica de Panama or victorsicmar@gmail.com About Startech - an Environment and Energy Company Startech Environmental is an environment and energy industry company engaged in the production and sale of its innovative, proprietary plasma processing equipment known as the Plasma Converter System™. Among the many commercial uses for PCG, it can be used to produce "green power electricity," Gas To Liquid (GTL) fuels such as ethanol, synthetic diesel fuel and other higher alcohol fuels. Hydrogen, for use and sale, can also be separated from the PCG synthesis gas mixture. The Startech Plasma Converter is essentially a manufacturing system producing commodity products from feedstocks that were previously regarded as wastes. Startech regards all wastes, hazardous and non-hazardous, as valuable renewable resources. For further information, please visit www.startech.net or contact Steve Landa at (888) 807-9443, (203) 762-2499 EXT 7 or sales@startech.net Safe Harbor for Forward-Looking Statements This press release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding the development and commercialization of its Plasma Converter™ technology. All forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, failure of the customer to obtain appropriate financing for the project, general risks associated with product development, manufacturing, rapid technological change and competition as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based. CONTACTS: Joseph F. Longo, President Startech Environmental Corp. 203-762-2499 Philip Bourdillon / Gene Heller Silverman Heller Associates 310-208-2550 |
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