ASUV Short Lists EPC Contractors for Tyre Manufacturing & Recycling Plants

ASUV Short Lists EPC Contractors for Tyre Manufacturing & Recycling Plants 
LONDON -- (Marketwire) -- 04/01/13 --  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. Harmonic is pleased to announce that
it has short listed several highly qualified engineering firms as
potential partners for the development and construction of its tyre
projects in North America and Europe.  
"Since taking over Harmonic just 15 months ago, the company has made
significant strides towards fulfilling its corporate goals and
objectives. We want to assure our shareholders that our business plan
is on schedule and we are progressing very well with financiers,"
said Jamie Mann, CEO of Harmonic Energy. "We have smoothly
transitioned ASUV out of the oil and gas industry and we believe in a
very short period of time have transformed the company into a
forward-thinking, cutting-edge tyre technology company that has a
highly scalable, advanced tyre technology platform." Unlike other
companies in our sector, Harmonic is focused purely on a single
application, vertically integrated tyre manufacturing and recycling,
using the most efficient practices and best available technologies.
We firmly believe this platform delivers better and higher value end
products with much lower costs allowing the company to thrive without
the need for recycling subsidies. Based on these efforts, research
and commercial installations we believe our technology approach and
solutions platform offers the most profitable closed loop tyre
recycling solution on the market today.  
The discussion with several engineering, procurement, construction
management firms has begun and the company is focused on working with
those firms that are interested in developing a long term
relationship so that Harmonic can reutilize the skill sets applied
and used on each project. By doing so, follow on projects will
benefit from significantly reduced costs and faster project
development timelines. By reducing costs and timelines we can
aggressively achieve greater success and complete more projects in
less time and build more value for our company and its shareholders.
Harmonic has the intent to build many projects over the next few
years and believes the engineering and construction relationship is a
critical part of our on-going business. 
Harmonic's proven technology platform operates in a continuous and
fully automated batch system which is uniquely able to process whole
tyres unlike other technologies that require tyres to be shredded
prior to being recycled which adds significant cost advantages for
ASUV. Harmonic's planned flagship facilities will each recycle in
excess of 150 tons of tyres per day, and will house a tyre
remanufacturing plant for the reconstruction of approximately 1
million new tyres using quality brand name casings. The facilities
will feature an integrated pyrolysis and gasification system that
reduces the unusable tyre casings into approximately 10,000 tons of
purified and refined nano carbon, 14,000 tons diesel oil and 3,300
tons steel with surplus electrical energy of approximately 3.0 MWe
being utilized on site or exported to the local grid.  
Jamie Mann said, "After much positioning, negotiating and due
diligence on tyre technologies and the waste tyre industry, ASUV is
pleased that the business plan is progressing and that discussions on
engineering and equipment tendering has begun; we are talking to some
of the brightest and most experienced companies in their sector."
Harmonic has already developed a pipeline of follow on projects for a
world-wide roll out. Harmonic's CEO adds, "Ten of our facilities
would still only be able to process one percent of the world's scrap
tyres, that's how big the problem (and the potential) is!" 
Tyres are a highly problematic waste stream for all countries to
contend with and current management solutions are either wasteful
(monofill), over supplied (tyre chip and rubber crumb) or emission
heavy (TDF for the cement and paper industry). The latter is about to
be severely restricted in the US by newly proposed EPA regulations
changing the waste status of TDF and demanding much greater emission
controls. With landfill and incineration banned in the UK as in the
rest of Europe there is insufficient domestic capacity in either the
US or UK to deal with the 400,000,000 scrap tyres they collectively
produce on an annual basis. Harmonic is solely focused on scrap tyres
as a feedstock due to the attractive returns achievable and the
significant volumes of waste tyres available. 
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
Titan International Inc, Continental AG, and Bridgestone Corporation. 
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 ~ 
Safe Harbor 
Statements in this release may be regarded, in certain instances, as
"forward-looking statements" pursuant to Section 27(a) of the
Securities Act 1933 and Section 21(e) of the Securities Exchange Act
1934, as amended and are intended to be covered by the safe harbor
created by such sections 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. Such forward-looking statements
involve a number of risks and uncertainties that could cause actual
results to differ materially from those projected, anticipated,
expected, or implied by the Company. These risks and uncertainties
include, but are not limited to, commodity prices and production
volatility, global economic conditions, currency fluctuations,
increased production costs from those assumed in resource recovery
plans and results, political, operational and project development
risks, including the Company's ability to obtain required permits to
commence production and its ability to raise required financing,
adverse governmental regulation and judicial outcomes. The closing of
planned financial transactions and obtaining bank financing are
subject to a number of conditions precedents that may not be
fulfilled. The bank financing and subordinated loans are subject to
final negotiation and satisfaction of conditions precedent. For a
detailed discussion of risks and other factors that may impact these
forward looking statements, please refer to the Risk Factors and
other discussion contained in the Company's quarterly and annual
periodic reports on Forms 10-Q and 10-K, on file with the SEC. The
Company undertakes no obligation to update forward-looking
Jamie Mann
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