Harmonic Energy Announces Funding Goals & Review of Grant

Harmonic Energy Announces Funding Goals & Review of Grant
LONDON -- (Marketwire) -- 01/21/13 --  Harmonic Energy Inc. (OTCQB:
ASUV) is a company focused on vertically integrated tyre
manufacturing and recycling using an innovative approach to energy
efficiency and sustainability, has initiated its funding negotiations
and due diligence on investment structuring with several lenders. The
effort is being led by Jamie Mann, Chief Executive who states, "The
objective is to achieve a combination of equity based financing,
combined with possible asset backed lending using innovative loan,
leasing and project financing structures that will allow the company
to achieve its goals while also offering the least amount of dilution
to its stock. The total funding objective in our business plan calls
for approximately thirty million dollars over the next twenty four to
thirty six months. The reception to the business plan and cash flows
for the company has had excellent response" stated Mr. Mann. The
anticipated funding will provide the necessary capital to complete
the acquisition of the company's strategic targets and begin the work
on the detailed engineering and construction of the company's
integrated pyrolysis and gasification units. 
Harmonic's financial advisors are currently reviewing grant
applications which could also help support the establishment and
demonstration of its integrated tire technology applications in the
United States and the United Kingdom. Within the EU and U.S. there
are substantial incentives for green and sustainable environmental
companies providing advanced solutions to waste and energy. Applying
for a number of these grants could unlock an estimated ten million in
additional funding sources for the company. 
The management team is also preparing presentations for universities
and educational institutions who may be interested in forming
strategic alliances and partnerships in application research for
expanding the company's business plan. Harmonic is interested in
working with those educational institutions that are interested and
suitable for the establishing and creating an Environmental
Engineering Apprenticeship Programme which is a key part of
Harmonic's progressive approach to career development in the tyre
manufacturing and recycling sector. Harmonic also believes that the
establishment of such a programme would give the company access to
highly qualified staff to aid in the role out of its manufacturing
and recycling facilities. 
ASUV believes that its vertically integrated tyre manufacturing and
recycling systems hold the key to a profitable, sustainable market
for the growth of a greener tyre manufacturing sector. ASUV plans to
compete alongside major international corporations striving for more
sustainable tyre manufacturing solutions and commodities, such as
Cooper Tire and Rubber Company, Kumho Tire Co., and Pirelli & C. SpA. 
About Harmonic Energy Inc. 
Harmonic is a company that focuses on a comprehensive solution to the
disposition of scrap tyres worldwide. Harmonic's plans include the
utilization of proven technologies that ensure each scrap tyre is
either remanufactured and put back on the road as a new tyre or is
completely recycled and reduced into marketable chemical commodity
products. Both the tyre remanufacturing and carbonization
technologies that will be utilized by Harmonic are commercially
proven and have viable operating commercial facilities. 
Harmonic plans to be the first company to integrate these two
technologies to provide a comprehensive 'closed-loop' solution for
the management of scrap tyres. By design, Harmonic plans to offer a
solution that replicates nature's intentions by developing symbiosis
between waste, energy supply and sustainable growth. For more
information please visit ASUV's website ~ www.harmonicenergyinc.com. 
Safe Harbor 
Statements in this release may be regarded, in certain instances, as
"forward-looking statements" pursuant to Section 27A of the
Securities Act 1933 and Section 21B of the Securities Exchange Act
1934, respectively. "Forward-looking statements" are based on
expectations, estimates and projections at the time the statements
are made, and involve risks and uncertainties, which could cause
actual results or events to differ materially from those currently
anticipated, including, but not limited to delays, difficulties,
changed strategies, or unanticipated factors or circumstances
affecting Harmonic Energy Inc and its business. There can be no
assurance that such forward-looking statements will ever prove to be
accurate and readers should not place undue reliance on any such
forward-looking statements contained herein. Harmonic Energy Inc will
not republish revised forward-looking statements to reflect events or
circumstances after the date hereof to reflect the occurrence of
unanticipated events.  
Jamie Mann
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