Solucorp Signs Agreement with Marine and Waterways Solutions, LLC to Utilize MBS...

Solucorp Signs Agreement with Marine and Waterways Solutions, LLC to Utilize MBS Technology to Remediate Marine and Waterway Heavy Metal Contamination Worldwide

WEST NYACK, N.Y.--(Business Wire)--
Solucorp Industries, Ltd. (OTC: SLUP) has entered into an
agreement with Marine and Waterways Solutions, LLC (MWS) to
exclusively utilize Solucorp's patented Molecular Bonding System (MBS)
technology to remediate heavy metal contamination found at marine and
waterway industrial development locations worldwide. MWS is engaged in
delivering environmental, renewable energy and sustainable development
solutions to marine and waterway developments, ports, shipping
operations and other related industries worldwide.

MWS has a teaming agreement with the global planning group,
Maritime Transport & Logistics Advisors, LLC (Maritime Advisors), to
focus on the remediation of marine and waterway locations worldwide.
Together the two companies will promote the MBS technology in key
markets and projects where Maritime Advisors has established working
relationships and has key contacts for future projects. Maritime
Advisors is a highly diversified, select group of professional
affiliate consultants based in Fort Lauderdale, Florida with more than
400 years of combined experience in maritime transportation.

Under the terms of this agreement, Solucorp will provide all the
necessary sales and marketing materials (powerpoint presentations,
brochures, MSDS sheets), technical support, and training to both MWS
and Maritime Advisors to promote and recommend the MBS technology for
use in heavy metal cleanups of contaminants such as lead, mercury,
chromium, arsenic, and zinc at marine and waterway seaport locations.
The Company will also sell to its partners the MBS chemical reagents
required for all clean ups.

MWS will solicit marine and waterway project work, identify
remediation contractors to become MBS remediation contractors, and
attend meetings and tradeshows to further promote the MBS technology.
MWS will be responsible for all funding associated with this new
Limited Partnership agreement. Solucorp will maintain a 19.6 percent
ownership in the Limited Partnership and receive cash profit
participation distributions upon completion of projects, proportionate
to its ownership percentage.

Steve Holmes, Chairman, Marine & Waterways Solutions, stated,
"Solucorp's technology is the perfect solution for heavy metal
contamination in port, marine and waterfront industrial developments.
MBS will be used to cleanup contaminated soil and sediments as a
result of years of industrial pollution. Growth in the maritime
industry is not slowing, even in the face of the current economic
adjustments. One of the most significant issues facing developers is
soil contamination from heavy metals. With the established worldwide
reputation of our partner, Maritime Advisors, it is our goal to help
rapidly facilitate the deployment of Solucorp's MBS technology around
the globe over the coming years."

"Steve Holmes has a proven track record and more than 24 years of
experience in hazardous waste remediation, land use management,
environmental engineering and corporate media consulting," states Noel
E. Spindler, President of Solucorp's Integrated Fixation System
subsidiary. "Maritime Advisors brings a wealth of experience and
expertise to the table which we believe will lead to a highly
successful and profitable partnership."

About Solucorp Industries Ltd.

Solucorp Industries Ltd., www.solucorpltd.com is a developer and
provider of cost effective, permanent technologies for the remediation
and prevention of hazardous heavy metal (including lead, mercury,
arsenic, chromium, copper, zinc, nickel, selenium and cadmium)
contamination. Solucorp is the owner of several patents and numerous
additional patents that are pending. Solucorp Industries Ltd. has
three wholly owned subsidiaries: Solucorp Industries, Integrated
Fixation System Company, Inc., and WITS, Inc.

The foregoing discussion contains forward-looking statements,
which are based on current expectations. Actual results, including the
outcome of demonstration results, timing and amount of revenues
recognized, contracts awarded and performed and net income may differ
due to such factors as: delays in payment on contracts due to dealings
with governmental and foreign entities; fluctuations in operating
costs associated with changes in project specifications; economic and
other conditions affecting the ability of prospective clients to
finance projects; and other risks generally affecting the financing of
projects. Investors are cautioned to perform a proper due diligence
and consult-licensed professionals prior to making an investment
decision.

Investor Relations:
Bibicoff & MacInnis, Inc.
Terri MacInnis, 818-379-8500
terri@bibimac.com

Copyright Business Wire 2008