|By Marketwired .||
|May 7, 2014 06:15 AM EDT||
SAN ANTONIO, TX -- (Marketwired) -- 05/07/14 -- TransAct Energy Corp. (OTCQB: TEGY) has received written confirmation from Gabriel Navarro Guerrero the Secretary of Environment and Public Services for the Municipal Government of Puebla, that Fichtner Consulting Engineers Limited is acceptable as a third party expert to review the feasibility of the proposed TransAct Energy Zero Emissions Waste Optimization Plant (Z.E.W.O.P. ) for Puebla.
In anticipation of the Municipal approval and funding by the Puebla Waste Consortium, TransAct Energy has been negotiating a services agreement with Fichtner Consulting Engineers. The Fichtner Services Agreement is intended to be signed off May 12th with the phase one engineering review starting on May 13th and taking approximately 60 days.
"We are pleased the Municipal Government of Puebla accepted Fichtner Consulting Engineers Limited as the engineers for this project and that Fichtner has agreed to take it on," said Rod Bartlett, CEO of TransAct Energy. "Fichtner are recognized internationally as being extremely capable in the Waste Management sector, we look forward to their contribution. Fichtner is one of the world's leading independent engineering, project management and consultancy firms. Founded in 1922, the group has over 2,000 staff working in more than 100 countries around the world, generating an annual turnover in excess of 200 million Euros, derived entirely from the provision of independent technical and project management services. "
All municipal solid waste (MSW) is made up of certain components, water, organics (food waste, plant waste, paper, cardboard, wood), plastics (hard and soft), metals (ferrous and non-ferrous), glass, porcelain, rocks, stones, dirt, oils and other trace elements (sulfur, calcium, magnesium etc) in varying percentages. Efficiently (low-energy use, low carbon footprint, lowest cost) separating and reprocessing MSW so it can be used again is the ideal of waste management. Fichtner's review will determine whether or not using Puebla MSW in the TransAct Z.E.W.O.P. will work to reprocess the MSW 100% into useable components efficiently without any emissions.
About TransAct Energy Corp.
TransAct Energy Corp. is a Nevada organized company trading on the OTCQB as TEGY. TransAct has set out to eliminate the impact of humans waste on the environment by capturing all of the resources in our refuse using innovations in process and technology. We do this by developing and implementing technologies that provide useable energy in sustainable ways.
Visit TransAct's website www.transactenergycorp.com, follow them on twitter transactenergycorp@transactenergyc and contact them for more information about Transact Energy.
Safe Harbor This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or other similar expressions. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
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