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Scorpex Submits Its Urban Impact Study for State and City Permitting

^{Published on 2011-08-04 19:01:46 - Market Wire}
 

LAS VEGAS--([ BUSINESS WIRE ])--Scorpex, Inc. (Pink Sheets:SRPX) (the aCompanya) has submitted its Urban Impact Study as one of the final steps in obtaining state and city permitting for its receiving, storing, disposing, and recycling of waste including toxic and hazardous waste, non-toxic and non-hazardous waste, and commercial waste. The Urban Impact Study is necessary to study the effect the Companya™s operations will have on the environment, including wildlife, plants, water supply, traffic, and other environmental considerations.

On or before August 11, 2011, the Company anticipates approval of its Urban Impact Study and a favorable response from state and city officials regarding its efforts to produce this essential study. It is the Companya™s mission to operate with the highest degree of environmental responsibility.

aPending final approval, these permits will enable Scorpex open trucking routes to and from our facilities, thereby helping us get closer to our large trucking and shipping partners which will bring waste to our unique facility. We are ahead of schedule in complying with all necessary requirements from the federal, state and city permitting processes. I believe our Urban Impact Study will expedite our goal of getting our permits approved,a said Joseph Caywood, CEO of Scorpex, Inc.

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Companya™s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.