LAS VEGAS, April 16, 2007 (PRIME NEWSWIRE) -- Soy Environmental Products, Inc. (Pink Sheets:SYVR) announced today that they have completed the acquisition of MetaPower, Inc. MetaPower, Inc. is a management consulting and software technology firm. The Company provides a link between technology, people and business processes helping companies to compete in a changing global marketplace.
MetaPower, Inc. was founded in 1996 as a management-consulting firm with a charter to bring the science of change to companies throughout North America. The Company provides management consulting services and patented business process technology to assist clients in making the changes necessary to compete in today's global economy. MetaPower Inc. provides a comprehensive suite of services delivered through business process technologies that focus on Risk Management, Corrective Action, and Performance Improvement.
"We are very excited to acquire MetaPower, Inc. We believe that their unique approach to business process management will create a great asset going forward. In addition to their patented business process management technology, MetaPower, Inc. brings years of experience in managing complex change projects in a variety of industries," stated Ken Allen, CEO of Soy Environmental Products, Inc.
About MetaPower, Inc.
MetaPower, Inc., founded in 1996, has been providing business process reengineering services to heavy industries with an emphasis on the Nuclear and Fossil Electric Utilities. In 1999, MetaPower, Inc. entered into an agreement with a major customer to embed MetaPower's business process expertise in software technology. This development project produced the UCoDA product. UCoDA is an enabling technology that makes it possible to rapidly develop, deploy and change business process applications. To date, MetaPower has deployed 4 business applications using this technology.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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