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Shine Holdings Announces Patent Filing for Bioremediation Process
Friday, June 29, 2007
Cary, NC -- Shine Holdings, Inc. (PINKSHEETS: SHDG) has announced today the filing of a provisional patent for a remediation process against possible bioterror agents such as anthrax, botulism, and viruses that might be deliberately released in water. The process is for a tri-use ozone, hydrogen peroxide and UV-based diffusion system.
Shine Holdings, Inc. CEO Brett Swailes said, "Ozone as a basic decontaminant, by itself, is half again as strong as existing chlorine-based methods. The U.S. FDA has approved treatment with ozone as an anti-microbial agent for direct contact with foods. Ozone is already proven as an effective killer of bacteria, pesticides, mold, fungus, and virus, depending on the dilutions and the exposure times. Once it has disinfected the target agent, there is no smell or lingering aftertaste remaining in normal drinking water, as oxygen and water are the significant byproducts. By combining an optional hydrogen peroxide injection and a UV feature, as we expect to do, the end-user will have a cost effective method against a broad array of microorganisms."
The North Carolina-based company has executed a formal letter of intent to license the technology to U.S. BioDefense, Inc., a Department of Defense Central Contractor developing homeland security and leading-edge biotechnologies.
"The patent filling is a very important step toward the development of the Biochemical Defense System. We look forward to finalizing our evaluation of this leading edge," said David Chin, CEO of U.S. BioDefense, Inc. (OTCBB: UBDE).
About Shine Holdings
Shine Holdings, Inc. (http://www.shine-holdings.com), headquartered in Cary, North Carolina, has a core focus of seeking out and acquiring biology and technology companies and their methodologies that will provide shareholders with capital appreciation and income. The mission of Shine Holdings is to make long-term contributions to water processing by purification, filtration and removal of contaminants from water.
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Such statements are subject to risks and uncertainties and other factors as may be discussed from time to time in the Company's public filings with the U.S. Securities and Exchange Commission ("Commission"), press releases and verbal statements that may be made by our officers, directors or employees acting on our behalf which could cause actual results to differ materially from those discussed in the forward-looking statements and from historical results of operations. In addition to statements, which explicitly describe such risks and uncertainties, statements with the terms "believes," "belief," "expects," "plans," "anticipates" and similar statements should be considered uncertain and forward-looking. Factors that might cause such a difference include, without limitation: the uncertainty of the Company's ability to meet capital needs and as further set forth in our public filings filed with the Commission and our press releases.
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