China moves towards energy independence, yet again.

(Beijing) Global Partners United has signed a memorandum of understandingwith Guangxin Hengye Investment Corporation worth in excess of USD 600million per year for the next twenty years.  GPU and Guangxin haveagreed in principle that they will utilize Bixby Energy System's[headquartered in Ramsey, MN] revolutionary coal gasificationtechnologies that turn coal intonatural gas, activated carbon (with patents pending) and thenpetroleum.  GPU Chairman Dr. Jason Moore states, "I have never  in my 30plus year career in business seen a product ignite such a fire in themarket as Bixby's  " Clean Coal Technology" has.  The demand forBixby'ssystems is directly fueled by China's voracious appetite for new, cleanenergy which Bixby's system provides.Utilizing our systems immediatelyreduces the CO2 emissions from power plants by 60% .  We at GPU areextremely pleasedwith the reception, speed, and size of orders we have gotten from ourrapidly increasing customers for Bixby systems in China." Guangxin's agreement with GPU is Bixby/GPU's second significantagreement reached in the last 60days.  The first deal was signed with the Hohhot Mengyuan IndustryGroup on August 28th and was worth roughly USD 500 million.Additionally several minor agreements are in various stages ofcompletion. Finally, this agreement has provided a future commitment for funding for otherprojects in China to facilitate rapid expansion of the first truly"Clean Coal Technology" to be developed . For questions please contact Susan Xu or Dr. Jason Moore at (+86-10) 8859.3789

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