FOR IMMEDIATE RELEASE April 3, 2000 The Tirex Corporation OTC BULLETIN BOARD – “TXMC” TIREX ENTERS INTO AN AGREEMENT WITH MICHEL DEBLOIS TECHNOLOGIES AND HIRES DR. FRANCOIS LAFORTUNE, PHD MONTREAL, CANADA, April 3, 2000 --- The Tirex Corporation (OTCBB-TXMC) announced today that they entered into an agreement with Michel DeBlois Technologies (MDT) of Quebec City and hired Dr. Francois Lafortune of Montreal to join Tirex at their Montreal facility to produce unique rubber and plastic molding compounds using Tirex’s crumb rubber Rutextm. Tirex has developed a patented cryogenic tire recycling system (TCS-1) that produces clean, uncontaminated crumb rubber, trade marked Rutextm. M. D. Technologies, Dr. Lafortune and Tirex have worked together previously and created a thermoplastic compound RuCrThermtm using Rutextm. “Tirex’s crumb rubber, Rutextm, and its by-product, RuCrThermtm” according to Mr. Louis V. Muro, Vice President of Engineering and Research and Development, “has unique characteristics and offers a better price / performance mix which puts Tirex in an advantageous position in the area of thermoplastic elastomers. This industry”, Mr. Muro went on to say, “combined with compression molded plastic bound products, with a high content of Rutextm, represents the most economical use of recycled scrap tires we know of.” M. D. Technologies is a consulting firm that specializes in industry applied Research and Development. Its main area of expertise includes recycled rubber & plastics products, equipment and technology development. Many technologies developed by M.D. Technologies have been successfully exported internationally and this firm’s success has been recognized by Scientific Awards such as the J. Armand Bombardier ACFAS Award in 1996. Specific related projects involve fibreglass + thermoset plastic recycling technology and solvent free elastomeric membranes based on recycled materials. Dr. Lafortune will work with Mr. Muro and Mr. DeBlois towards the market development strategy for implementing and coordinating Tirex Development Research Action Plan. Dr. Lafortune completed an M.Sc. degree in organic chemistry at the University of Montreal and a Ph.D. degree in analytical chemistry from the University of Manitoba where he taught for 8 years. He then worked for Recyc-Quebec, a government agency specialized in promoting recycling. He was among the key initiators of the Quebec Used Tire Management Program, implemented in 1993. He was also responsible for the development of Environmental Technologies from 1991 to 1997 at Recyc-Quebec. Over the last 6 years, he has been guest speaker in numerous national and international conferences in the area of used tire issues. The TCS-1 system freezes scrap tire pieces through a proprietary thermo-dynamic freezing chamber using compressed / expanded air. The frozen tire pieces are then processed through Tirex’s patented fracturing mill separating the rubber from the steel and fiber in order to produce clean, uncontaminated crumb rubber with no waste, and low operating costs. The TCS-1 testing just completed March 2, demonstrates the technical feasibility of this proprietary recycling process. Tirex will continue, however, to test the operations and output as adjustments to improve efficiencies are ongoing. Industry demonstrations to potential customers and government officials are planned for April. “The TCS-1 operations during the past 3 weeks have demonstrated our redesigned freezing chamber to be trouble free; we are improving the patented fracturing mill to accept a wider variety of tire pieces and have ordered new equipment to improve tire by-product separation”, Mr. Muro concluded. |
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