Published 05-17-05
Submitted by Fairchild International Corporation
The prototype model has already been successfully tested using a number of inputs including low-grade coal, wood waste and other biomass yielding superior results with lower costs and emissions than currently available technology. The Syngas technology produces electricity and/or pipeline quality synthetic gas (as a replacement for quickly depleting natural gas and oil) at low costs, with the additional benefit of zero airborne emissions.
Anish Somani, President stated, "I'm extremely pleased with the progress of Syngas. Our company is quietly transitioning into a new type of energy-company, where cutting edge synthetic gas production technologies are core to our business model. Synthetic natural gas "Syngas" has the potential to replace natural gas in powering our communities, homes and industrial plants in the future. We expect to play an important role in the development of and creation of power and power technologies in several niche markets. Our technology allows us to produce Syngas cheaper than the current costs of processing gas. Our new approach allows us to take the guess work out of exploration activities in an era when traditional fossil fuels have become expensive and scarce."
The M-2 design is being fitted with the latest technology allowing remote control and monitoring through the Internet. This will also include digital cameras to facilitate web demonstrations for the benefit of potential customers, analysts, investors, media and customers.
Somani stated, "Our technology should propel Fairchild to the forefront of the emergence of a new multi-billion dollar market for Alternative Energy. Syngas' Model 2 gas and synthetic natural gas technology provide a low-cost solution to the supply of gas to America, without discharging harmful pollutants into the environment.
Syngas Energy's technology and products has several distinct competitive advantages:
About the Company:
Fairchild International Corp. (OTCBB:FCHL), through it's subsidiary Syngas Energy Ltd. is an emerging leader in the development and marketing of low cost alternate fuels worldwide. We believe our superior technology, coupled with an aggressive marketing plan will catapult our company to a green powerhouse. With fuel prices at record high levels and the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is vital. As global tendencies move towards clean renewable energy, we foresee our company poised to benefit from several revenue streams, our host nations poised to benefit from independence from foreign energy sources and our clients poised to benefit from reliable, clean low cost energy.
Forward-Looking Statements
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Fairchild International Corporation (OTC Bulletin Board:FCHL)
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