BURNABY, British Columbia, Dec. 2, 2005 (PRIMEZONE) -- ADCapital Industries (Pink Sheets:ADCS) is excited about its latest talks for the sale of a license of technology and device with an affluent business tycoon from Greece. The outstanding reduction of the emission NOx from the ADCapital's device "The Auto Emission Post Regulator" should bring some relief to the 11.3 million people now dealing with critical levels of smog.
The discussion includes a sale of a license for technology and device for Germany as well. This could have a great impact because Germany is the sixth largest emitter of NOx in the world. The European Union recognizes the need for new technology in reducing emissions and has sited both Greece and Germany as needing more aggressive reduction methods.
ADCapital is taking all steps necessary to see that Germany and Greece have dramatic vehicle emission reductions as soon as possible. The U.N. has warned that EU countries are failing to get to grips with climate change and could miss the ambitious targets set out in the Kyoto protocol.
Discussions for the sale of a license for Germany and Greece are progressing quickly, and ADCapital is expecting to release full details soon.
About ADCapital Industries
http://www.adcapitalindustries.com
ADCapital Industries has very important revolutionary, cost-effective, emissions control technology. The company has evolved from more than 20 years of technological advances in emissions control, materials and techniques.
ADCS was formed to create, support and license a patent-pending exhaust reduction technology, based on a forward looking philosophy, creating a source of revenue throughout the useful service life of the device, while remaining current with advances in technology. The Company's 100% owned Auto Emissions Post Regulator AEPR(tm) exhaust reduction technology dramatically reduces emissions safely and inexpensively. This fast and practical technology uses a patent-pending as well as very unique process and methods that result in dramatically reduced emissions while providing a revenue stream throughout its service life. Most importantly, all of the intellectual property and related patent-pending techniques protect the Company's efforts and ensure long-term competitive advantage.
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This press release may contain forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements" Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; and the unpredictable nature of consumer preferences; and other factors. In addition these and other factors may cause financials results to fluctuate from one financial quarter to another. Statements made herein are as of the date of this press release should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.