Today, Goldman Small Cap Research, the small/micro cap research firm led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, dropped an 8-page company report on Scorpex, issuing a “Speculative Buy” rating and 6-month price target of $4.00.

Positioning itself to exploit a massive regional market in Mexico that represents billions annually, Scorpex has an offer in hand to provide waste disposal services for up to 800 tons of waste per day (estimated $1200/ton), a contract worth hundreds of millions a year. Recently contracting with International Environmental Technologies, Inc. (IET) to deploy a cutting-edge gasification/thermal oxidation plant on-site in the key Baja corridor, a target identified and refined by Scorpex now for a few years, the Company stands today approved to build ten waste storage structures on its Ensenada property.

With the first specially designed facility located near the existing property in what is a high output area where the other options include costly/logistically brutal ground transport into the US or barges off to Japan or Europe via either coast, Scorpex is poised to execute its environmentally-friendly waste disposal model. Some $35M in financing secured via IET (expected to close in coming weeks) and a low cost labor model shores up the fundamentals nicely, and with a projected 3Q12 target for fully operational status Scorpex will have the foothold necessary to export the model to other underserved regions in Mexico and Latin America.

The report describes a clear vector, with Scorpex forecast to grow revenue to $280M by 2013 on $0.41 EPS without factoring in additional deals and opportunities in the adjacent regions. The company is stepping in as a full-spectrum waste management solution provider that can be proud of its zero harmful emission, 100% recycling technology that is able to reduce waste volume by as much as 95% (stripping out 99.9% of combustible material). The ability to handle at high capacity everything from municipal waste, to medical waste and hazardous waste, simultaneously without presorting, is a huge advantage even if there were a salient competitor in the region.

Baja and the Ensenada area is a huge waste bottleneck crying out for precisely this solution; the market is ready and the solution is in place for delivery near-term. The demand for comprehensive waste management in the region, especially with the dramatic uptick in local production and commercial activity related to the NAFTA treaty, has created the ideal environment for Scorpex.

For more information, or to stay up to date on the latest news and information regarding Scorpex, Inc., please visit the Company’s website at: www.Scorpex.com

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Scorpex, Inc. has linked its future to Mexico and the country’s increasing importance to the United States. Scorpex is a developing company, positioning itself as a critical provider of industrial and hazardous waste handling services for the growing Baja Mexico/California region. The expanding need for waste processing in the area is made clear by the reception the fledgling company is receiving, both from the government and regional industry. The company is currently finishing its first facility near Ensenada, Baja, Mexico, and already has more business available than it can handle. Once all of the state-of-the-art processing equipment is installed and operational, and final permits are in hand, the company expects to be able to process roughly 800 tons of waste per day.

As Mexico continues to build its economic importance to the U.S., Scorpex is in line to benefit from the growing demand for adequate handling of industrial wastes brought on by increased manufacturing, export, and distribution traffic. The relatively strong recent growth of Mexican industrial output, from auto manufacturing and other areas, in spite of the current state of the American economy, is surprising to some, since the vast majority of Mexico’s exports head north to the U.S. As a buffer against any future negative impact, Mexico’s central bank is expected by some to maintain growth by reducing interest rates. Official forecasts now call for a 3.5% economic growth in 2012. Mexico’s Secretary of Finance, Ernesto Cordero, stated the most basic goal of the government’s economic strategy: “Mexico needs to keep growing and distance itself from fiscal crises in other countries.”

For Scorpex, an important development in U.S.-Mexican economic relations was the recent agreement between the two countries to remove restrictions on trucks using each other’s highways. It was a major sticking point associated with the North American Free Trade Agreement, and its resolution brings the end of high Mexican tariffs, and should stimulate growth on both sides of the border. Besides direct benefits to Scorpex, and the truck traffic it involves, there are more general long-term benefits. As industrial and other business activity rises, the need for what Scorpex offers, already very high, will no doubt increase.

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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Scorpex, Inc., an emerging leader in the disposal and recycling of industrial and hazardous wastes for the Baja Mexico/California region, recently announced that it has received financing commitments from two different sources for up to $35 million USD. The financing is contingent upon the issuance of necessary permits, which are expected to be granted in the near future.

The loans are to be secured by the company’s equipment, receivables, land, and other assets. Scorpex stands out among small developing companies in that the company has had no problems obtaining significant financing commitments. A big part of this is due to the fact that Scorpex continues to have clients lining up for its industrial disposal services even though the company may not be operational until next year. The extensive demand for their service has forced them to put some potential clients on a waiting list.

One of the major assets the funds are being used for is an advanced-technology waste gasification/thermal oxidation system, to be supplied and installed by International Environmental Technologies (IET). At a cost of $30 million, it actually represents a lower capital investment than competing systems, together with a lower cost of operation, and a construction time of only 6-12 months. IET will install the system, train supervisory personnel to operate and maintain it, and will even provide spare parts. The purchase price also includes the necessary license to use the technology.

Payment for the system will be divided up as follows:

• $9 million upon initial release of funds from the lender
• $9 million upon completion by IET of associated engineering work prior to installation
• $9 million upon completion by IET of steel framework installation
• $3 million upon final installation, testing, and commissioning

The financing of such a purchase is considered a significant vote of confidence by the financial community, and a clear acknowledgement of the huge and growing demand for a viable waste management solution in the area.

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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Early this year, Scorpex, Inc. stated its goals for the remainder of 2011, as part of its move to becoming the leader in hazardous and toxic waste disposal for the Baja Mexico/California region, filling a major and growing need for the area. Principal among those goals were the following:

1) Add key officers and board members to enhance the management team
2) Obtain necessary operating permits for operations of the developing waste disposal facility
3) Engage a third party valuation company to begin audit preparations
4) Increase transparency and industry awareness for company shareholders
5) Continue to develop the necessary infrastructure on its 26-acre site near Ensenada, Mexico
6) Take the first steps toward the purchase of an advanced gasification/thermal oxidation system
7) Obtain the financing necessary to accomplish these and associated goals

In August, Scorpex made an announcement which, looking back on the above declared goals, strongly indicates that the company is progressing faster than was originally expected. Although the year is far from over, the announcement pointed to the following already completed accomplishments.

1) Appointed an interim CFO, and made two additions to the board
2) Received the critical Use of Soil Permit, opening the door to the issuance of state and local permits
3) Engaged an accounting group to prepare for formal auditing
4) Engaged the investor relations services of MissionIR to better communicate with investors
5) Finalized building of a storage facility, water reservoir and septic system, sprinkler, and fencing
6) Signed major contract with IET to install and license a waste gasification/thermal oxidation system
7) Secured financial commitments for up to $35 million of non-dilutive financing

Scorpex CEO, Joseph Caywood, commented on the rapid developments. “Our progress over the last ninety days has been nothing short of remarkable. Even though we are only in the third quarter, our company has accomplished nearly all business objectives that were set for completion this year. This is a testament not only to the competence of our team, but also the exhaustive groundwork that has been laid over the years.”

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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Scorpex, Inc. just announced that its Urban Impact Study, which was submitted to the Mexican state of Baja California last month, was accepted as one of the final steps in obtaining city permitting to receive, store, recycle and dispose of toxic and hazardous waste, non-toxic and non-hazardous waste, and commercial waste.

Joseph Caywood, Chief Executive Officer of Scorpex, stated, “The Urban Impact Study is an important part of evaluating the effect the Company’s operations will have on the local environment, and this acceptance by the city and state is a significant milestone. This acceptance from the state level of government is required for the City of Ensenada to issue Scorpex its ‘Use’ and ‘Operational’ permits.”

“Each step we make towards receiving these final permits further escalates our excitement as we near the operation of our first full service waste disposal and recycling facility in Baja California. This acceptance by the Mexican state further demonstrates the Company’s commitment to environmental responsibility and the proximity of receiving our final use and operational permits,” Mr. Caywood concluded.

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Today before the opening bell, Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, provided current and prospective investors with an update regarding the previously announced initiatives for the current calendar year.

To date, the Company has:

1. Signed a $30 million equipment contract with International Environmental Technologies, Inc. (“IET”) for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology.

2. Secured financial commitments for up to $35 million of non-dilutive financing; contingent on the issuance of necessary permits. The Company continues to evaluate its options as additional low-cost financing offers are anticipated.

3. Received its Use of Soil Permit from the Mexican federal government following the submission of numerous studies and compliance with every request. The permit is necessary for the issuance of certain state and local operational permits, which are anticipated to be granted to the Company in the very near future.

4. Engaged an accounting group to prepare its financials for a formal audit. Following completion, Scorpex intends to file financial reports with the U.S. Securities and Exchange Commission (“SEC”) and take the next step of listing on a senior securities exchange after meeting other criteria of the exchange.

5. Appointed an interim Chief Financial Officer to the management team and made two additions to its Board of Directors. The individuals have accumulated extensive experience and success in both the public and private sectors. Additional candidates are being evaluated to further enhance leadership of the Company.

6. Secured the investor relations services of MissionIR to communicate Scorpex’s business strategy to the investor community as well as keep investors informed of ongoing progress.

Chief Executive Officer Joseph Caywood stated, “Our progress over the last ninety days has been nothing short of remarkable. Even though we are only in the third quarter, our Company has accomplished nearly all business objectives that were set for completion this year. This is a testament not only to the competence of our team, but also the exhaustive groundwork that has been laid over the years. Our excitement continues to build as we make great strides forward in the execution of our business strategy.”

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Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, just announced additional details of the previously reported initiative to prepare its financials for a formal audit. An SEC accredited audit will raise the Company’s status to “Fully Reporting” while increasing transparency for both current and future investors.

As announced two weeks ago, Scorpex has engaged the services of the Acadia Group to prepare for its audit and the filing of financial reports with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Securities Exchange Act of 1934. The Acadia Group provides publicly traded small-cap companies with both accounting and legal services internationally. It is anticipated that the audit will be completed in the fourth quarter of this year.

Chief Executive Officer Joseph Caywood stated, “By becoming a fully-reporting company, the Company will achieve its goal of providing shareholders with increased transparency while elevating itself in the market as a public entity to more qualified investor groups. Following completion of the audit, we plan to take the next step of listing on a senior securities exchange as we move toward meeting other criteria of the exchange.”

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The Mexican manufacturing sector is rapidly expanding. The development of new and existing industries, paired with increased investments from foreign national companies, is driving a significant increase in the need for disposal of industrial waste.

Scorpex Inc., an emerging industrial, hazardous and toxic waste disposal service provider, aims to capitalize on this need as it executes its strategy to become a recognized leader in the waste disposal industry in the Baja Mexico/California region. Future plans include expanding to other locations.

The company recently inked a $30 million major equipment deal with Kentucky-based International Environmental Technologies Inc. (IET), in which Scorpex will purchase IET’s waste gasification/thermal oxidation equipment as well as acquire a license to use the technology.

IET will install the equipment and train supervisory personnel to operate and maintain the equipment, and will back the deal with a warranty for equipment installed. Scorpex will also receive a set of spare parts and issue certificates of completion.

Running at full capacity, Scorpex’s IET plant will be capable of processing 800 tons of hazardous and industrial waste each day. IET’s gasification process eliminates 99.9 percent of all combustible waste without any harmful emissions or odor, eliminating the problem of animals and insects scavenging through the waste.

The contract is a key step in Scorpex’s mission to establish its first waste disposal and processing plant outside Ensenada, Mexico, which according to the company, is on track to commence full operations ahead of schedule.

For more information, visit www.scorpex.com

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Today after the closing bell, Scorpex announced it has been granted its Use of Soil Permit from the Mexican federal government. According to the company, it is the “most significant permit the company has received to date” for its first full service waste disposal and recycling facility near Ensenada, Mexico.

“This achievement is the most significant milestone Scorpex has ever accomplished,” emphasized Chief Executive Officer Joseph Caywood. “Most of our efforts for the past several years has been dedicated to the permitting process, and for us to receive this Use of Soil Permit is a monumental achievement for our Company and its shareholders.”

The Use of Soil Permit is an environmental approval from the Secretariat of the Environment, Natural Resources and Fishing, which has sole jurisdiction over environmental policy and enforcement throughout Mexico. In order to receive this crucial permit, the Company had to submit numerous studies and comply with every request from this government agency. The Use of Soil Permit is necessary for the issuance of future state and local operational permits.

“We are now very close to obtaining the rest of the permits required for use and operations, which will trigger the previously announced equipment financing we have committed from lenders,” Mr. Caywood stated.

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Scorpex, Inc. is focused on taking necessary measures to operate a full-service waste disposal and recycling company for the extensive region of Baja California, Mexico.

The first facility, to be located on the company’s existing property outside Ensenada, Baja, has undergone three years of applications, permits and required studies. Scorpex intends to construct ten hazardous and industrial waste storage structures on its Ensenada property, and has built 80 percent of the first facility.

Moving forward, the company’s future strategy calls for the construction of storage, recycling and disposal facilities in strategically located areas throughout Mexico. To execute this plan, the company has retained several real estate and legal consultants within Baja, which will also assist the company in maintaining a healthy relationship with the community and industry consultants.

In addition, Scorpex has secured commitments from various manufacturers and waste haulers in Baja regarding the use of the company’s new facility as a place to store and dispose of their industrial waste.

For more information visit www.scorpex.com

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Scorpex, Inc. today provided investors with additional information regarding the debt financing commitments announced after the closing bell yesterday. Secured by the equipment, receivables, land and other assets of the Company, the loans are from two different sources for up to $35 million USD.

Chief Executive Officer Joseph Caywood stated, “Unlike many other businesses who are struggling to finance operations, we have had no difficulty securing sufficient financing commitments. Having these commitments in hand within such a short time of signing the equipment agreement with IET demonstrates our ability to secure the financing necessary to continue executing our business plan.”

“We have been very pleased with the warm reception exhibited by these lenders,” Mr. Caywood continued. “The financing will enable accelerated growth of the Company and the ability to achieve milestones sooner than expected, which will subsequently have a dramatic positive effect on shareholder value.”

“As a result of the insatiable demand for local waste disposal and the diverse clientele driving the market, our company is in a highly enviable position to secure abundant financing at very favorable terms. In addition to the substantial commitments mentioned above, we anticipate hearing from several others who may also desire to provide us with competitive low-cost financing,” he concluded.

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Today shortly after the closing bell, Scorpex, Inc. announced that it has received financing commitments from two different sources for up to $35 million USD. According to the press release, the financing is contingent on the issuance of necessary permits that are anticipated to be granted to the Company in the near future.

Chief Executive Officer Joseph Caywood stated, “Unlike many other businesses who are struggling to finance operations, we have had no difficulty securing sufficient financing commitments. Having these commitments in hand within such a short time of signing the equipment agreement with IET demonstrates our ability to secure the financing necessary to continue executing our business plan.”

“We have been very pleased with the warm reception exhibited by these lenders,” Mr. Caywood continued. “The financing will enable accelerated growth of the Company and the ability to achieve milestones sooner than expected, which will subsequently have a dramatic positive effect on shareholder value.”

“As a result of the insatiable demand for local waste disposal and the diverse clientele driving the market, our company is in a highly enviable position to secure abundant financing at very favorable terms. In addition to the substantial commitments mentioned above, we anticipate hearing from several others who may also desire to provide us with competitive low-cost financing,” he concluded.

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Scorpex, Inc. today announced it has engaged the Acadia Group to prepare its financials for a formal audit. The Acadia Group works with companies and their auditors to comply with the Securities and Exchange Commission’s reporting and filing requirements.

After completing the audit, the company plans to file reports with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.

“Audited financials are the first step towards preparing Scorpex for the next level of public disclosure. As a fully-reporting and audited company, our shareholders and future shareholders will be better informed and will see the value of our business,” stated CEO Joseph Caywood.

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Scorpex, Inc. today announced the submission of its Urban Impact Study as one of the final steps in obtaining state and city permitting for its receiving, storing, disposing, and recycling of waste, including toxic and hazardous waste, non-toxic and non-hazardous waste, and commercial waste.

The Urban Impact Study is vital to studying the effect the company’s operations will have on the environment, including wildlife, plants and the water supply. The company anticipates approval of its Urban Impact Study by the end of next week. In the press release, Scorpex affirmed its dedication to operating with the highest degree of environmental responsibility.

Joseph Caywood, CEO of Scorpex, Inc., stated, “Pending final approval, these permits will enable Scorpex open trucking routes to and from our facilities, thereby helping us get closer to our large trucking and shipping partners which will bring waste to our unique facility. We are ahead of schedule in complying with all necessary requirements from the federal, state and city permitting processes. I believe our Urban Impact Study will expedite our goal of getting our permits approved.”

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Scorpex wants one thing. And getting that “thing” takes some dirty work, so to speak. Scorpex’s goal is to own and operate a full-service waste disposal and recycling company in Mexico, and it intends to do so with adequate facilities and resources to dispose of all waste, including that of industrial, toxic and hazardous matter.

Establishing this operation takes more than sending a loaded dump truck into the Mexican desert. Mexico has stringent requirements on waste disposal, enforced by a division of the Ministry of Environment and Natural Resources, the Federal Attorney for Environmental Protection (PROFEPA).

PROFEPA recently inspected Scorpex’s industrial waste facility outside Ensenada, Mexico, to ensure its compliance with environmental-related legislation, ultimately giving the company the go-ahead to obtain permits necessary for the company to operate its industrial waste facility.

“Over the past several years, Scorpex has overcome numerous hurdles in order to meet the stringent requirements of Mexico. This most recent approval gives the company a positive recommendation and the assurance that it has complied with and passed all required testing and studies as well as the requirements for the planned and presently completed property infrastructure, build outs and improvements,” Joseph Caywood, CEO of Scorpex stated in the press release.

For more information visit www.scorpex.com

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The market for hazardous and industrial waste naturally increases in correlation with growth of the human population. Landfills have long been the method of waste disposal, but below the surface of the layers of dirt “hiding” our waste, reactions take place that create long-term environmental problems.

This is where Scorpex steps in. The company is executing its operational mission to own and operate a full-service waste disposal and recycling company. Its first facility will be located on a 26-acre property just outside Ensenada, Mexico, ironically less than three miles from the region’s current landfill. The property will house ten hazardous waste storage structures, with the first storage facility 80 percent complete.

Scorpex has partnered with IET of Danville, Ky., for the installation of a waste gasification plant on site. The IET solution is a thermal oxidation process that takes waste, transported by waste haulers, and drops it into an air-tight gasification cell. Once the cell is closed, the system is activated and the temperature of cell is raised to 800 degrees, without the presence oxygen. The waste is then turned into smoke, dust-free gas, and vented into secondary processor where it is mixed with room air and then ignited by pilot burners that creates hot air flow. This hot air stream can be reclaimed to create hot water and steam.

This gasification method burns off 95% of the waste’s volume, and allows for immediate processing of waste as it arrives at the plant. Even though the process is essentially emission free, IET provides their own scrubber design for all projects to give extra protection regardless of the contaminant. With so many great features, detailed in a recent press release, and full support included, it is obvious that Scorpex did their due diligence prior to selecting the required processing equipment for their operations.

For more information visit www.scorpex.com

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Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today announced additional details of its recently announced major equipment contract signed with International Environmental Technologies, Inc. (“IET”) for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology.

Scorpex has agreed to a total purchase price of USD$30,000,000. As terms of the agreement, the purchase price will be paid in four payments: USD$9,000,000 upon the release of funds from the lender; USD$9,000,000 upon IET’s delivery to Scorpex of a certification that the shop drawings and other engineering work for the installation of the Equipment has been completed; USD$9,000,000 upon IET’s delivery to Scorpex of a certification that the erection of the steel framework for all two units has been completed; and USD$3,000,000 upon the final check out, testing of the unit and commissioning.

IET will install the equipment, train supervisory personnel to operate and maintain the equipment, provide a set of spare parts and issue certificates of completion. In addition, IET will provide a warranty for the equipment installed, ensuring that the equipment will be free from defects in materials and workmanship. If malfunction is reported within the warranty period, IET will repair or replace the defective or non-conforming part at no charge to Scorpex.

As stated in yesterday’s press release, IET’s proprietary technology can process waste simultaneously without presorting. The system is virtually silent and without odors, capable of reducing waste volume 95%. The system also features a lower capital investment than competition as well as lower operating costs. With an average construction time of only six to twelve months, Scorpex said it anticipates commencing full operations before the previously projected time frame.

Chief Executive Officer Joseph Caywood commented, “As I said previously, we have made remarkable progress and are very excited to be moving forward so quickly with our business strategy. Signing such a major equipment contract at the dawn of establishing our first waste disposal and processing plant is yet another strong vote of confidence by others who have chosen to join our initiative to address Mexico’s growing demand for industrial, hazardous and toxic waste management.”

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Today after the closing bell, Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced it has entered into a major agreement with International Environmental Technologies, Inc. (“IET”) for the acquisition and installation of waste gasification/thermal oxidation equipment as well as a license to use the technology.

IET’s patented technology is capable of processing municipal waste, medical waste and hazardous waste simultaneously without presorting for maximum efficiency. The oxygen starved system virtually eliminates noise and noxious odors when operating while reducing waste volume by 95%. The design of the system also reduces breeding sites for scavengers, rodents, insects and disease that are sometimes found in other processes.

Commenting on the agreement, CEO Joseph Caywood stated, “Following our evaluation of various waste processing techniques and technologies, we found the solution offered by IET to be superior to those offered by competitors. Securing this technology was a crucial part of our business plan. We will provide additional details very soon.”

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Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, announced the appointment of Kenneth I. Denos to its Board of Directors, and Chene Gardner as interim Chief Financial Officer who will also serve on the Board of Directors. Furthermore, both individuals will be part of the audit committee, sharing in the responsibility of overseeing the audit preparation.

Kenneth Denos brings with him extensive top management experience as he has served as the Chief Executive Officer of numerous successful companies, both public and private, including Equus Total Return, Inc., SportsNuts, Inc., MCC Global N.V., and Moore, Clayton Capital Advisors, Inc. He has also served on the Board of Directors for Secure Netwerks, Inc., Healthcare Enterprise Group PLC and Tersus Energy PLC. Currently, Mr. Denos serves as Deputy Chairman of the Board of London Pacific & Partners, Inc., in addition to working in other endeavors. He earned a Bachelor of Science degree in Business Finance and Political Science, a Master of Business Administration Degree, and a Juris Doctor from the University of Utah.

Chene Gardner currently serves Alto Group Holdings, Inc., a filer of reports pursuant to requirements of the Securities Exchange Act of 1934, as Chief Financial Officer. He is also an executive officer and director of Nano Dimensions, Inc. and an executive officer and director of Secure Netwerks, Inc. Mr. Gardner previously served Fuelstream, Inc. as the Financial Controller and has auditing and accounting experience with the firm Deloitte & Touche LLP, serving clients in the banking, manufacturing, and retail industries. Mr. Gardner holds Bachelor and Master of Accounting degrees
from Weber State University.

Joseph Caywood, Chief Executive Officer, commented, “We are committed to strong corporate governance and believe these additions will further our efforts in this regard. With plans to continue adding proven leadership and executive talent to our board and executive team, Scorpex will continue to keep shareholders updated on further additions and other corporate developments.”

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Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today applauded the recent US-Mexican agreement allowing each country’s trucks to traverse the other’s highways. The agreement ends nearly two decades of quarreling between the two countries over a key provision of the 1994 NAFTA agreement.

As a result of the agreement, the high tariffs imposed by Mexico on dozens of U.S. products will be suspended when full cross-border traffic begins. Allowing long-haul trucking between the U.S. and Mexico is anticipated to create additional jobs and greater opportunity for both nations. The U.S. agriculture sector alone was negatively affected by these tariffs by an estimated $153 billion.

Chief Executive Officer Joseph Caywood commented, “I believe the lifting of these restrictions and tariffs carries significant weight for Scorpex. Not only does this agreement give Scorpex access to cross-border travel as necessary, it potentially feeds increased export, manufacturing and distribution in Mexico, subsequently driving the need for increased disposal of industrial waste.”

With its first facility located near Ensenada, Mexico, 85 miles from the U.S. border, Scorpex anticipates processing 800 tons of waste per day once equipment is installed and the facility is fully operational. The demand for waste disposal in the Baja area is already much higher than that, ensuring steady demand and abundant prospects for future growth.

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Today before the opening bell, Scorpex, Inc. reported the current status of its 26-acre site located at Fraccion A-2 Del Rancho El Encinito KM 18.7 Carretera A Ensenada – OJOS Delegacion Real Del Castillo, Ensenada, B.C.CP 22800. Located less than two miles from the current landfill near Ensenada, Mexico, the site was chosen after consultation with numerous officials and realtors.

On-site improvements recently completed include a 10,000 square foot specifically-designed storage facility with 22 foot ceiling, a “catch” drainage system, and emergency sprinkler system. Property upgrades include a water reservoir, septic system and one mile of 13 foot high security fencing around the property. Additionally, the company has completed extensive land use, permitting and ecological studies. The property has undergone three years of applications, permitting and governmental required studies.

Joseph Caywood, Chief Executive Officer, commented, “We have made remarkable progress over the past several years, building a solid foundation for moving forward. The Company’s near-term plans include paved roads, complete storage facilities, scales, construction of a larger guard shack, on-site offices, lights on perimeter of property, additional wiring, engaging two construction companies and installation of gasification/thermal oxidation equipment.”

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Scorpex, Inc. was very pleased to announce this morning that PROFEPA, the agency in Mexico responsible for monitoring and enforcing environmental laws, has granted clearance to the company for obtaining “Use” and “Operational” permits. Many of the employees of the environmental protection agency have visited and inspected the site numerous times and participated in the studies pertaining to the project.

Use permits from federal, state, and city governments, in addition to a federal operational permit, are necessary for the operation of a full service waste disposal and recycling company. To obtain these permits, the Company has complied with all governmental regulatory guidelines and directives, conducted feasibility studies, and worked hand-in-hand with government officials on key issues pertaining to zoning, road studies, environmental guidelines, land and health issues, as well as employment issues.

Joseph Caywood, Chief Executive Officer of Scorpex, commented, “Over the past several years, Scorpex has overcome numerous hurdles in order to meet the stringent requirements of Mexico. This most recent approval gives the Company a positive recommendation and the assurance that it has complied with and passed all required testing and studies as well as the requirements for the planned and presently completed property infrastructure, build outs and improvements.”

In conclusion, Mr. Caywood added, “The Company is now poised to receive use and operational permits after carefully complying with all of the requests from the federal, state, and municipal governments to date. We are very pleased with the progress we are making towards the establishment of our first fully operational facility and the execution of our business plan.”

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SmallCapVoice.com, Inc. today told investors that a new audio interview with Scorpex, Inc. is now available. The interview can be heard at the following link: http://smallcapvoice.com/blog/7-8-11-audio-interview-with-scorpex-inc-pink-sheets-srpx

A recognized corporate investor relations firm, with clients nationwide, SmallCapVoice is known for its ability to help emerging growth companies build a following among retail and institutional investors. The firm offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools include stock charts, stock alerts, and client information sheets that can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.

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Scorpex, Inc. was pleased to announce today that it has entered into a definitive agreement to acquire Scorpex International, Inc. The acquisition has been effected through the merger of a direct wholly-owned subsidiary of the company with Scorpex International. Scorpex International is now a wholly-owned subsidiary of the company.

Formerly known as Scorpion International Waste Solutions, Inc., Scorpex International, Inc. is a development stage company in the hazardous and toxic waste industry. With its first facility located near Ensenada, Mexico, the company is developing its first property for the storage, recycling, treatment, and disposal of hazardous waste. Once completed, Scorpex International will have the only industrial waste processing facility of its kind in Baja Mexico.

It is intended that the transaction will qualify for a tax free plan of reorganization pursuant to the provision of Sections 368(a)(1)(B) of the Internal Revenue Code of 1985, as amended. Pursuant to the terms of the agreement, each issued and outstanding share of Scorpex International stock, other than those cancelled, has been converted into the right to receive 75 percent of one share of the Company’s stock.

Chief Executive Officer Joseph Caywood commented, “We are very excited to bring this emerging growth story to the public markets and will be working diligently to start the audit process and further increase transparency and industry awareness by engaging a third party valuation company. With access to equity financing, we will be able to accelerate our growth strategy to capitalize on the burgeoning opportunities in the Baja Mexico/California region where demand for waste management exceeds capacity.”

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Today before the opening bell, Scorpex, Inc. announced that they have engaged the investor relations services of MissionIR. Through a network of investor-oriented sites and full suite of investor awareness services, MissionIR broadens the influence of publicly traded companies and their ability to attract growth capital as well as improve shareholder value.

Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.

The company’s future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation’s growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.

Joseph Caywood, Chief Executive Officer of Scorpex, stated, “Engagement of a full-service investor relations firm is a key part of our overall strategy to achieve short-term and long-term goals. MissionIR is providing a much needed service in the small-cap markets.”

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In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.

Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.

Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.

The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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Scorpex, Inc. is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity. To date, the company has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.

Joseph Caywood is the founder of Scorpex International and has developed the project for several years. His efforts have included overseeing construction, land acquisition, site development, permit applications, governmental relations, and submitting focused studies and reports by experts in this industry. As a result of his efforts, Scorpex will have the only industrial waste processing facility of its kind in Baja Mexico.

The Mexican economy has experienced significant growth in the manufacturing sector over the past several years. This growth has been fuelled by the NAFTA treaty and investments from foreign national companies. The growth of both new and existing industries has dramatically increased the need for the disposal of industrial waste throughout Mexico, especially in the Baja California region.

The company’s future expansion plans include constructing other strategically placed, specially designed, storage, recycling and disposal facilities in various locations throughout Mexico. All facilities will be designed specifically for the purpose of processing the nation’s growing industrial waste, including materials that are classified as industrial, toxic, and hazardous.

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