February 27, 2012 at 09:07 AM EST
Harmonic Energy Inc. Enters Into Negotiations to Acquire Rights for Technology

BRIGHTON, UNITED KINGDOM -- (Marketwire) -- 02/27/12 -- Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tire manufacturing and recycling, using an innovative approach to energy efficiency and sustainability. Harmonic is honored to announce that it has entered into negotiations to acquire the exclusive rights for a commercialized carbonization technology.

Mr. Hiroyasu Tanaka has reviewed 12 different engineering companies that specialize in carbonization; his findings have determined that one engineering firm stands out and exceeds all the requirements set out by Harmonic's team. Harmonic had outlined a very specific detailed list for the technology to even be considered. Some of the requirements are: equipment must be commercialized with numerous years of successful operation; produce premium by-products including carbon black and bio-diesel; the equipment must meet ISO standards and be fully computerized with automatic safety measures.

The engineering firm we have identified is located in Japan and has been creating carbonization equipment for over 30 years. This company has successfully built and commercialized 12 carbonization chemical decomposition units. These units produce a very high quality bio-diesel and the carbon black will work symbiotically with Mr. Tanaka's carbon upgrading, milling and classifying process.

For more information on ASUV, please visit http://www.harmonicenergyinc.com

About Harmonic Energy Inc.

Harmonic Energy Inc. is a company that focuses on a comprehensive solution to the disposition of scrap tires worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tire is either remanufactured and put back on the road as a new tire or is completely recycled and reduced into marketable chemical commodity products. Both the tire remanufacturing and carbonization technologies that will be utilized by Harmonic must be commercially proven and have viable operating facilities not bound by subsidies.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive "closed-loop" solution for the management of scrap tires. By design, Harmonic plans to offer a solution that replicates nature's intentions by developing symbiosis between waste, energy supply and sustainable growth.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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