TMCnet News
First American Scientific Corp (FASC - OTCBB) announces 2010 sales to date top $ 1 million USDAbbotsford, BC, Feb 17, 2010 (WORLD STOCK WIRE via COMTEX) -- Mr. Cal Kantonen CGA, Chairman of (OTCBB: FASC) is pleased to announce sales for the six month period ending December 31, 2009 exceeded $1 million USD. This is the first time in the company's history that it has reached the million dollar benchmark. "We have sold thirteen KDS machines system-wide in the first six months of this year, compared with seven for the in the entire fiscal year ended June 30, 2009. This confirms that the Company's KDS technology has gained market acceptance and our sales program is beginning to produce results, particularly in the waste to green energy sector, a sector where international government support and funding is growing. In order to meet the expected growth in demand, we are expanding our dealer network throughout the USA, Canada, Mexico and Europe, as well as solidifying our joint venture relationships in Asia and South America." The patented KDS "Kinetic Disintegration System" creates a clean dry powder from waste biomass in an efficient, cost effective manner without the use of supplemental fuel. The clean burning fuel can be made into pellets or briquettes, or injected directly into conventional industrial burners to create economical heat or electrical power known as "green energy". Demand for these products is expanding exponentially worldwide. Please see our website for further details at www.fasc.net Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act. ON BEHALF OF THE BOARD OF DIRECTORS C. Kantonen CGA, Chairman FASC.OTC (NASD Bulletin Board) Web Site: www.fasc.net Corporate Communications toll free number: 1-800-561-8656 C. L. Kantonen First American Scientific Corp. 30758 South Fraser Way #201 Abbotsford, BC V2T 6L4 Canada Phone: (604) 850-8959 Note: The following news is from First American Scientific Corp., and World Stock Wire, Inc. is not liable for the contents of this news. |