RENO NV -- 11/02/09 --
Quadra Projects Inc. (OTCBB: QPRJ) has concluded a
Joint Venture Agreement with Geetas Infra, a wholly owned subsidiary of a
large Power Company in India.
Under the terms of the agreement the JV Company will market and/or enter
into Joint Venture partnerships with interested third parties for the
QES2000 Systems throughout India.
The company anticipates that before the end of 2010, gross revenues from
the sale of QES2000 Systems should exceed US$20,000,000.
The QES2000 System is a patented state of the art process that converts a
wide variety of organic waste materials such as Used Tires and Municipal
Waste into marketable by-products, without producing any measurable
pollution.
This creates a significant revenue stream as well as, even more
importantly, provides for a significant reduction in pollution known to be
caused by Incineration and the use of Land Fill Sites, as well as other
methods currently in use.
The company, as a matter of policy, will focus expansion initiatives in
Asia, primarily in China, India and Southeast Asian countries.
Forward looking statements:
Some of the statements in this news release include forward looking
statements which may be understood as any statement of historical fact and
are subject to inherent risks.
Forward looking statements contained in this news release are made pursuant
to the safe harbor provisions of the Private Securities Litigation Act of
1995. These statements are based on management's current expectations that
the contract will be fulfilled in accordance with the terms and conditions
thereof and are subject to risks, uncertainties and changes in
circumstances and market conditions. Actual results may vary materially
from Management's expectations and projections expressed in this news
release.
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For further information, contact:
Quadra Projects Inc.
1 888 597 8899
email to: general@quadraprojects.com
