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Vision Plasma Systems, Inc. Announces Agreement With Kaes Enterprises, to Lead Federal Procurement Acquisition of 28 Arc Master I Systems for Veterans Administration Hospitals in an Initial Deal Valued at $139M
Vision Plasma Systems, Inc. Announces Agreement With Kaes Enterprises, to Lead Federal Procurement Acquisition of 28 Arc Master I Systems for Veterans Administration Hospitals in an Initial Deal Valued at $139M.
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[{"type":"text","content":"RENO, NV, Aug 20, 2012 -- Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) today announced it has secured a sales and marketing agreement with Kaes Enterprises of Puyallup, WA. to secure federal contracts and management expertise for the deployment of the Arc Master I systems to the Veterans Administration hospitals as well as major western US major military installations for 28 Arc Master I units, representing possible sales of $139 Million USD. In a recent statement, Timothy Volk, CEO of Vision Plasma Systems, stated, \"Over the last two years, we have established a positive working relationship with Kaes Enterprises, sharing in federal procurement responses and bids.\" He added, \"Going to this next level of the teaming agreement will benefit both companies for years to come.\" Kaes Enterprises reported it had qualified a need for over 28 Arc Master I systems for both the Veterans Administration and the Department of Defense customers in the western US in an initial deal that is valued in excess of $139M, upon successful demonstration of the Arc Master 1 Test Unit. The Arc Master I mobile unit, the first of its kind, was designed to deploy a clean and green remediation solution to various worldwide corporations, military, government, and municipal customers. The unit is capable of converting up to 5 tons per day of hazardous wastes and other matter into syngas, net electricity, recyclable metal ingot, without any air emissions or ash from the gasification process. Built inside two (2) ISO 40' metal containers, The Arc Master I can be easily transported by truck, rail, ship, or plane worldwide to provide an fast and mobile solution to the remediation of all forms of waste. The Arc Master I mobile unit is entirely self-powering, creating its own energy from the waste that it processes, and creating up to 240KW of usable electricity at the site. Safe Harbor This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases \"would be,\" \"would allow,\" \"intends to'\" \"will likely result,\" \"are expected to,\" \"will continue,\" \"anticipate,\" \"expect,\" \"estimate,\" \"project,\" \"indicate,\" \"could,\" \"potentially,\" \"should,\" \"believe,\" \"considers,\" or similar expressions are intended to identify \"forward-looking statements.\" Actu...