Clyvia Inc. (OTCBB: CLYV) -
On July 20, 2006, Baroness Clyvia Von Oppenheim became an official patron of the pilot plant built and operated by Clyvia Technology GmbH. As part of the ceremony, in which Hedwig Klein, the mayor of Wegberg, also participated, the pilot plant's reactor was officially christened "Clyvia" by Baroness von Oppenheim with a bottle of champagne. An official opening ceremony for the pilot plant had previously been held on June 7, 2006. In addition to being named after the Baroness, the Clyvia name is an acronym for "CataLYtischen Verdampfung Industrieller Abfallstoffe," which, in English, translates to "catalytic vaporization of industrial waste."
Baroness Clyvia von Oppenheim is a doctor and shareholding partner in the Siempelkamp Group and is also related to the family that owns the Cologne private banking company Sal. Oppenheim. Dr. Manfred Sappok, one of the founders of Clyvia Technology GmbH, had previously worked for the Siempelkamp Group for a number of years at the management level prior to founding Clyvia Technology. The tradition of naming a new project after an individual personally connected with the company goes back to Dr. Sappok's days with the Siempelkamp Group.
The pilot plant uses waste oils, detergent oils and plastics as raw materials to produce diesel fuel and/or heating oil. The fractional depolymerization process used by the pilot plant is similar to the cracking of crude oil and has the potential to offer an economically viable method of exploiting waste materials.
Clyvia Technology GmbH is a subsidiary of Clyvia Inc., a Nevada, USA corporation. Clyvia's shares are traded on over-the-counter market in the United States (OTCBB: CLYV) as well as on the stock market in Frankfurt (WKN: A0F59X, ISIN: US18975K1088).
This Press Release may contain, in addition to historical information, forward-looking statements. These forward looking statements are based on management's expectations and beliefs, and may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, readers are cautioned that Clyvia Technology is still in the process of developing recycling/processing systems based on its fractional depolymerization technology. Clyvia Technology has not yet developed any commercially marketable recycling/processing systems and there are no assurances that it will be able to do so in the future. Furthermore, even if Clyvia Technology is successful in developing commercially marketable systems, there are no assurances that Clyvia Technology will be able to generate any actual sales of those products.
Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
CLYVIA INC.
WALTER P.W. NOTTER, Chief Executive Officer and President
Contacts: Clyvia Inc. - Press Materials Walter P.W. Notter Chief Executive Officer and President (360) 306-0230
Clyvia Technology GmbH - Technical Matters Dr. Manfred Sappok Managing Director 02432-89 36 26 02432-89 36 29 (FAX) info@clyvia-tec.com www.clyvia-tec.com
SOURCE: Clyvia Inc.