SELLERSVILLE, Pa., July 18, 2006 (PRIMEZONE) -- Delta Mutual, Inc. (OTCBB:DLTM), specializing in energy recovery and construction services through environmentally-friendly technologies and products, announced that it's subsidiary, Delta-Envirotech, has signed a master distribution agreement with Microbial Enhanced Oil Recovery, L.L.C. (MEOR) to provide organic tank cleaning and well enhancement products. The agreement covers territories located in the Middle East, Nigeria, Korea and India.
These products apply to oil storage tank cleaning by significantly reducing the amount of time the storage tank remains off line and enhancing oil well production. The potential for these products extends to thousands of oil tanks and wells located in the areas covered by the agreement.
Peter Russo, President and CEO, commented, "This relationship will allow us to expand on our oil recovery operations, and enter into well enhancement products. These markets are significant. With the right relationships and the right product, the opportunity is substantial."
About Microbial Enhanced Oil Recovery, L.L.C. (MEOR)
Microbial Enhanced Oil Recovery, L.L.C. (MEOR) was established to develop environmentally friendly products for the oil industry that addresses sodium chloride contamination in water and soil and conserves energy. The company has provided products throughout the United States, Canada, Mexico, Asia and South America that remove sludge from tanks, sludge pits, oil rigs and refinery equipment as well as reducing asphaltene and paraffin buildup on the sides of oil transfer lines to return piping back to its original size.
About Delta Mutual
Delta Mutual, Inc. (www.deltamutual.com) specializes in energy recovery and construction services through environmentally-friendly technologies and products which are currently operating in the Middle East and Far East. Delta employs technologies that efficiently recover energy sources from soil, water and other waste streams, while simultaneously improving existing environmental conditions. The Company also utilizes energy efficient and cost effective building material systems for construction projects.
Forward Looking Statement
This Press Release contains forward-looking statements that involve risks and uncertainties, which may include statements about business strategy and development plans, plans for entering into new business, anticipated sources of funds, including the proceeds from future operations and plans, objectives, expectations and intentions contained in this Press Release that are not historical facts including "This relationship will allow us to expand on our oil recovery operations, and enter into well enhancement products," and "these markets are significant. With the right relationships and the right product, the opportunity is substantial." Risk factors associated with these forward-looking statements include: raising the necessary capital to finance the facility, government approvals, the market for crude oil, processing efficiency, doing business in Indonesia and other risk factors as outlined in the Company's SEC filings. Because these forward-looking statements involve risks and uncertainties, actual results could differ materially from those discussed in this Press Release. These risks are outlined in our SEC filings.