InfoSpi Inc. Has Submitted a Proposal for the Disposal and Conversion of Municipal Waste to Energy to the City of Jerusalem, Israel

USA - English

• USA - English

FT. LAUDERDALE, Fla., Feb. 16 /PRNewswire-FirstCall/ -- InfoSpi Inc. (OTC Bulletin Board: ISPI) has submitted a proposal to Ma'ale Adumim Economic Development Company for Build out and operation of a garbage to energy facility in the Adumim Industrial Park. The plant capacity will buy up to 1500 tons a day of garbage that will be collected from the city of Jerusalem, and the facility will generate 60 MW of electricity that will be sold to the local electric power.

InfoSpi Inc. will commit to build with the corporation of Hoskinson Group a Modular WTE (Waste to Energy) plant Facility that will be installed at the landfill site and will dispose up to 150 tons per day (per machine) for a total of 10 machines and 1500 tons a day; each machine will handle MSW, Industrial, Medical Waste, etc., and the boiler will produce approximately 70 million BTU of steam per hour at 400PSI.

"Each 150 ton WTE machine will generate up to 6 MW of electricity. The WTE will meet or exceed all local environmental regulations and will be manufactured by Kirk & Blum; the largest metal fabricator in the U.S. Kirk & Blum is a division of Ceco Environmental, the largest industrial pollution control company in the world (www.kirkblum.com)," says Chris Hamilton, InfoSpi CEO.  He continues "our cooperation with The Hoskinson Group, a next generation Alternative Energy Group, is invaluable. The Hoskinson Group has been founded and led by Gordon Hoskinson, a world-renowned expert and leading innovator in Energy production through waste incineration, which produces no discernable pollution."

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of InfoSpi Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

www.infospiinc.com

SOURCE InfoSpi Inc.