Under the terms of the LOI, SSWM would acquire 100% of the stock of QQK and it would become a wholly owned subsidiary of SSWM. The purchase price is subject to final due diligence and Board approval, but both parties have agreed to go forward with the transaction to meet pending order schedules. QQK has previously sold products to the Federal Emergency Management Agency (FEMA) and currently its parent, Quick Quarters, Inc. (QQI), has orders with the State Department for mail screening facilities which will be manufactured by QQK starting in December under the management of SSWM. QQK is being acquired for $900,000 in long term notes and stock of SSWM.

 

Brehm stated, "We are delighted to have this opportunity with QQK to become a manufacturer in the temporary shelters industry since many of the target end users are people we are familiar with in the environmental industry. We encounter environmental emergency response and disaster situations constantly and have been involved with cleanup situations after the fact, but this acquisition allows us to be on the front lines manufacturing solutions for command centers, emergency housing, decontamination, field laboratories and health clinics. The containerized and modular structures can be shipped anywhere in the world a temporary shelter is needed and we believe this acquisition greatly augments our engineering services capability with new products and revenue.”

 

Lawrence J. Abler, CEO of Quick Quarters, Inc., commented, “We have identified many opportunities for temporary shelters in government and commercial uses worldwide. Our political and economic contacts and prior sales to FEMA and the State Department give us wonderful sales opportunities with the Department of Homeland Security (DHS), the Department of Defense (DOD), and other domestic state and government entities. We have decided to separate the business development and sales activities from the manufacturing side so we can concentrate on adding new products for additional markets which will be manufactured by QQK. This slight change in focus for QQI, coupled with the added skills and experience of SSWM engineers and current QQK employees, should allow us to jointly ramp up sales revenues much quicker than before. We look forward to a very good 2008 for both companies.”

 

About Quick Quarters, Inc.

 

Quick Quarters, Inc. is headquartered in Bellevue, Washington and has a manufacturing facility in Somerset, Kentucky. Quick Quarters is dedicated to creating and selling high-quality, reasonably priced solutions for temporary structural needs. The company offers unique containerized, transportable, and re-deployable structures for both public and private applications in domestic and foreign markets including temporary shelters for emergency response and disaster situations. For more information, visit www.QuickQuarters.com.

 

About Sub-Surface Waste Management

 

Sub-Surface Waste Management of Delaware, Inc., a majority owned subsidiary of U.S. Microbics, Inc., (OTC-BB: BUGS), provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies.

 

Investors and media contact Robert Brehm at 760/918-1860, ext. 102 or visit the website at  www.subsurfacewastemanagement.com. To be on the email list for press releases please visit: http://www.bugsatwork.com/emailfax.htm.

 

The information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect" or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request.

 

Contact:

Sub-Surface Waste Management of Delaware, Inc.
Robert Brehm, 760-918-1860 x102

www.subsurfacewastemanagement.com

 

Source: Sub-Surface Waste Management of Delaware, Inc.