MOP Environmental Solutions, Inc. (MOPN.PK) a New Hampshire-based manufacturer of the patented MOP, Maximum Oil Pickup, oil absorbent and booms, today announced the signing of two strategic agreements with significantly larger companies as part of its forward looking “Ramp-Up” strategy.
On June 23 MOP Environmental Solutions signed an agreement with Leigh Fibers of Wellford, South Carolina, a company 50 times larger.“We are very excited about the signing of this Agreement and Letter of Engagement with Leigh Fibers,” said MOP President and CEO Charles Diamond. "We anticipate the South Carolina based Leigh Fibers will have a dramatic effect on our short and long-term goals, allowing up to a 10 fold or greater increase in our capacity to produce MOP loose sorbents,” stated Diamond.
“Equally as promising as the preliminary strategic alliance with Leigh Fibers is the opportunity to modify many existing fibers to adapt and enhance their performance for the oil spill industry and related markets,” states Diamond, who continues.“I believe the synergies of MOP Environmental Solutions technology in consort with the production capacity of Leigh Fibers will greatly enhance our potential to capture the growing interest of the global spill response market and to accelerate MOP distributorships internationally.Leigh Fibers operates manufacturing facilities in The U.S. and Canada, and maintains distribution in China, Mexico, Argentina, Spain, Peru, Italy and other countries where collaborations could yield synergies for both companies.”
Phase One of the MOPN “Ramp-Up” strategy “Phase One of the MOPN “Ramp-Up” strategy is intended to enable us to better satisfy the immediate demand related to the Deepwater Horizon Oil Spill in the Gulf of Mexico,” as stated by Diamond, "however, since Leigh Fibers does not as yet produce booms, On June 25th, MOP Environmental Solutions signed a second Strategic Agreement, to increase its production capacity of oil absorbent booms up to five-fold with the signing of a Strategic Alliance Agreement for Boom Production with Global Sales Company of Columbia, Maryland.”
“We are very excited about our recent Strategic Alliances,” said MOP President and CEO Charles Diamond. “We have every confidence that both Leigh Fibers and Global Sales will meet the high standards that we set for our MOP Environmental Solutions products. Our relationship with both companies gives us confidence to seek additional alliances to further accelerate our expansion both domestically and globally. This “Ramp-Up” strategy, boosts current capacity for boom production and establishes the first significant growth relationships for MOP Environmental Solutions, to address the anticipated long-term needs of customers both domestically and internationally.”
Phase Two of MOP Environmental Solution’s “Ramp-Up” plan includes broadening the base of operations at both the macro and micro level, taking advantage of the unique benefits and characteristics of our patented Maximum Oil Pickup oil absorbent that is able to capture still additional revenue from the MOP derived oil retrieved from oil spills on both water and land, while focusing on expanding operations significantly both domestically and abroad.
ABOUT MOP ENVIRONMENTAL SOLUTIONS, INC.
Maximum Oil Pickup is a "cradle-to-cradle" green product that is arguably the most effective oil spill recovery system on the market.For information see www.mopenvironmental.com
Brief Description of The MOP Technology:
MOP Maximum Oil Pickup is an aggressive oleophyllic and hydrophobic (oil attracting and water repelling) sorbent made from recycled and fully biodegradable materials, manufactured using small-scale hydroelectric green energy. MOP’s properties are such that it can effectively deal with an oil spill the size of the Exxon Valdez, but is equally effective at cleaning up the oil spill off a garage floor.
Regarding the Gulf Oil Spill; MOP Environmental’s patented product MOP Maximum Oil Pickup has the ability to capture and contain the Gulf Oil Spill at its source and all locations out to its furthest perimeter including the marshlands and beaches. Where the oil has landed on beaches or land it will separate and remove the oil from the soil, or sand on site quickly. MOP Environmental’s oil-only pickup product is called MOP Maximum Oil Pickup. MOP floats, is all natural, it is safe to the environment including birds, animals, and aquatic life. It is rapidly deployed at over 150 mph using MOP Environmental’s MOP-Cannon and removed using their MOP-Vac.
MOP is applied above water or below water where it floats up and locks in oil, completely neutralizing all potential harmful effects of the spilled oil. It is the only known oil recovery method that will work under all weather conditions. The oil can be retrieved for re-use where the resulting profit is greater than the expense of cleanup.
MOP Environmental Solutions, Inc. manufactures and distributes MOP, Maximum Oil Pickup.MOP picks up and recovers oil spilled on land and/or water. This revolutionary, 100% Recyclable, new absorbent material picks up to 30 times its own weight in oil, without absorbing water, restores traction on slippery surfaces, and safely restores a clean, natural environment.
Forward-looking statements in this news release are pursuant to safe harbor provisions of Section 21E of Securities Exchange Act of 1934. Investors are cautioned that statements in this release are not strictly historical statements, including without limitation, management's plans and objectives for future operations, assessment of market factors, statements regarding strategy, company plans and its strategic partners. These constitute forward-looking statements, are not guarantees of the company's future performance and are subject to risks and uncertainties, such as funding for machinery and materials, success in acquiring customers, maintaining needed government relationships, and successfully executing a business plan, which could cause the company's actual future results to differ materially from the forward-looking statements. For all such forward-looking statements, we claim the safe harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MOP Environmental Solutions, Inc. disclaims any obligation to update any forward-looking statement made herein.
MOP Environmental Solutions, Inc.For more information see www.mopenvironmental.com
Wayne D. King
MOP Environmental Solutions, Inc.