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October 2004

Federal License Allows Liquid Resources to Commence Service
Company Receives U.S. Alcohol Permit

Medina, OH— Liquid Resources of Ohio, LLC has received authorization from the Alcohol and Tobacco Tax and Trade Bureau (TTB) of the U.S. Department of Justice to operate a distilled spirits plant (DSP) at its Medina, Ohio facility. The company provides a comprehensive set of market removal and destruction services to manufacturers of non-hazardous liquids. Liquid Res-ources provides customers in a wide variety of industries a cost-effective alternative to public and private disposal options such as water treatment plants, incineration or landfills.

Receipt of the federal DSP permit allows the company to provide affidavits of destruction to clients. Manufacturers and distributors of consumer alcoholic beverages use these sworn statements to reclaim costly federal and state excise taxes. Liquid Resources serves the consumer beverage industry, including soft drink manufacturers, brewers, distillers, bottlers and distributors. The company also processes liquid waste streams from the pharmaceutical, cosmetics, paint, syrup and confectionery industries.

"Today we've passed another important milestone in providing companies with cost-effective, environmentally friendly means to dispose of their non-hazardous liquid wastes and helping many of them recapture taxes they already paid on product that has never reached the market," said Tim Curtiss, CEO and co-founder of Liquid Resources. "By diverting waste from landfills, public sewer systems or incinerators, we can save customers money and help them meet their environmental objectives."

With ready access by highway or rail, Liquid Resources can efficiently process packaged and bulk products in its secure, 45,000 square-foot production facility and warehouse. Waste packaging materials (plastic, glass, cardboard and aluminum) are shredded, crushed and recycled. Liquids are converted into ethanol, a fuel used in gasoline blends that reduces harmful auto emissions. Use of ethanol-blended gasoline lowers U.S. dependence on foreign oil.

Under an exclusive agreement, Cargill, Inc. will distribute all of the ethanol produced by Liquid Resources. Cargill, the largest privately owned company in the United States, is a major supplier of fuel-grade ethanol to the gasoline industry.

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