 Transcript of Prepared Remarks from SulphCo(R) HOUSTON, Dec. 4 /PRNewswire-FirstCall/ -- SulphCo®, Inc. (the "Company") (Amex: SUF - News) has filed this press release in conformance with the Rules of the American Stock Exchange which require, in addition to the Form 8-K filed with the Securities and Exchange Commission ("SEC") on November 29, 2007 containing a copy of the prepared remarks issued during the Company's November 28, 2007 investor call relating to our European testing activities, that a press release also be issued disclosing those prepared remarks (due to the fact that the topics covered in the investor call were first introduced in a press release). The following excerpt is from the transcript of those prepared remarks:
"As we announced in a recent press release, we have resumed testing with our European test partner, and have secured a steady flow of heavy, low sulphur-containing crude oil into the process. As we have also announced, we were able to run our SulphCo Series II probe for 19 hours continuously with the designed oil and water flows, a significant milestone in our technology program. This type of milestone is important
because it proves to our current partner and other potential customers that the process can be operated for a relevant length of time withoutany significant operational issues, which is typically a large hurdle to any installation of a new technology. Also within this set of trials we were able to demonstrate a new measurement system for the ISM probe technology, which allows us to directly measure the amplitude of the probe tip, which in turn corresponds to the power being applied to the fluid in the reaction chamber. This is an important addition to our technology that allows us to have a knob to now "tune" the amplitude and power level being applied for a given oil and optimize the process for that oil.
As part of the testing program, we ran trials at several different operational conditions (varying water levels, flow rates, probe power, pressure, etc.) took both feed and treated samples for each condition, and sent those samples to lab associated with our European test partner. We have received the analysis from the lab for that series of samples and we are in the process of a detailed look at how the varying process conditions affect the output of the Sonocracking(TM) process on this given oil. In parallel, we have our personnel on site this week in Europe performing the next round of tests, with the appropriate analysis to follow.
We will release and discuss these results in the future, with the consent of our European test partner, only after sufficient data has been compiled and appropriate analyses have been performed. However, we are able to use this data to continue refining our Sonocracking(TM) and in discussions with potential customers where the appropriate Non-Disclosure Agreements are in place."
The full text of the prepared remarks can be accessed by visiting the SEC's EDGAR data base at www.sec.gov .
|
