PAG Pilot Project to Convert Sorted Municipal Solid Waste to Energy; TRADING SYMBOL: YPL - TSX VENTURE EXCHANGE No. of Shares Outstanding: 9,352,438. PR Newswire | August 8, 2002 | COPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

TORONTO -- Plasma Environmental Technologies Inc. (PET) is pleased to announce that it has signed a Technology Development and License Agreement with Kinectrics Inc. to develop and test the Plasma Assisted Gasifier (PAG) Technology. The PAG is a unique cogeneration system that safely and effectively destroys sorted municipal solid wastes and industrial and commercial organic wastes while producing electricity. PET and Kinectrics will develop and build a PAG Pilot Plant to demonstrate the commercial applications of the PAG's waste destruction and energy conversion process.

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