Abbotsford, BC -- (ReleaseWire) -- 05/05/2017 -- Biomass Secure Power Inc. (OTCMKTS:BMSPF). Biomass Secure Power (BSP) is pleased to advise shareholders that the Company has entered into long term fibre supply agreements with a number of suppliers in the Natchitoches Louisiana area. The agreements are for fifteen (15) years with pricing to be set on a quarterly basis. The fibre requirement for phase one is fully secured from sustainable sources in accordance with Sustainable Biomass Partnership (SBP) requirements. Work is continuing with the detailed engineering and 3D modelling of the Natchitoches plant with the assistance of the chosen EPC contractor Amec Foster Wheeler, in preparation for construction scheduled to start upon completion of an independent engineering review ordered by Bank of America Merrill Lynch. This review is currently underway.

The Proprietary Intellectual Property being implemented at Natchitoches will position the Company as a leader in the supply of an alternative fuel to replace coal. Inquiries have been received from several industrial sectors indicating that once they see phase one in operation demand for Biocoal will be in multi million tonne per year.

A twenty year (20) agreement to purchase 200,000 tonne per year is in place producing projected annual sale in excess of $40 million.

Phase one of three planned phases is 240,000 metric tonnes that will increase to one million tonne per year when phase two and three are completed. Biocoal is a torrefied product used to generate both heat and power for residential and industrial purposes. Biocoal can be used as an alternate fuel to coal in most circumstances. The advantage over white pellets is that little if any CAPEX is required to convert power plants from coal to biocoal, whereas white pellets require a significant investment to convert.

About Biomass Secure Power Inc.
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. On May 4, 2016 The Company signed a non-binding Memorandum of Understanding with River Basin Energy to merge the companies and build a biocoal plant at the Port of Natchitoches, Louisiana.

Public filings and financial information for Biomass Secure Power Inc. can be found at www.sedar.com.

Safe Harbour Statement:
This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,
BIOMASS SECURE POWER INC.
Jim Carroll, President - CEO

For more information on this press release visit: http://www.releasewire.com/press-releases/biomass-secure-power-inc-fibre-supply-secured-803391.htm

Abbotsford, BC -- (ReleaseWire) -- 03/24/2017 -- Biomass Secure Power Inc. (OTCMKTS:BMSPF). Biomass Secure Power (BSP) is delighted to advise shareholders that after lengthy discussions and a meeting held at the Port of Natchitoches Louisiana on March 14 the Company is pleased to announce the selection of Amec Foster Wheeler as the EPC and Preliminary Engineering partner for Natchitoches Phase 1.

Natchitoches Phase 1 is for the installation of equipment to produce 240,000 tonnes/yr. of Biocoal. Amec Foster Wheeler has been selected because of the wealth of experience it has with industrial and renewable facilities and breadth of environmental, engineering, procurement, and self-perform construction capabilities. The decision to engage Amec Foster Wheeler gives the Company the confidence that the project will be successfully completed on time and on budget.

Phase 1 at Natchitoches is the first of three planned phases that will increase the plant production rate to one million tonne per year. Biocoal is a torrefied product used to generate heat and power for residential and industrial purposes and is a direct alternate sustainable fuel for brown coal in most circumstances. The major advantage Biocoal has over white pellets is that little if any CAPEX is required to convert coal fired power plants to this new sustainable fuel.

About Biomass Secure Power Inc.
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. The Company is in the renewable energy business and will only use fibre sustainably sourced to ensure that forest are replanted and sustainable for ever.

Public filings and financial information for Biomass Secure Power Inc. can be found at www.sedar.com.

Safe Harbour Statement:
This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,
BIOMASS SECURE POWER INC.
Jim Carroll
Jim Carroll, President - CEO

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/biomass-secure-power-inc-announces-epc-786802.htm

Abbotsford, BC -- (ReleaseWire) -- 02/10/2017 -- Biomass Secure Power Inc. (OTCMKTS:BMSPF). Biomass Secure Power is pleased to advise shareholders that on January 31, 2017 Governor of Louisiana John Bel Edwards signed Executive Order Number JBE 17-03 (Carry-Forward Bond Allocation 2016).

Pursuant to and in accordance with the provisions of Section 146(f) of the Internal Revenue Code of 1986, as amended, and in accordance with the request for carry-forward filed by designated issuer, the excess private activity bond volume limit under the 2016 Ceiling is hereby allocated to the following issuer(s), for the following carry-forward project(s), and in the following amount(s):

ISSUER: Louisiana Public Facilities Authority.

Carry-Forward Project: Biomass Power Louisiana, LLC
Carry-Forward Amount: $88,536,200.

This increases the limit of Tax Exempt Bonds the company can sell to finance the Natchitoches Bio-Coal project by $28,535,200. The Company's wholly owned subsidiary Biomass Power Louisiana L.L.C. (BPL) has engaged the services of Bank of America Merrill Lynch to sell the bonds.

Upon funding, the proceeds will be used to build a 240,000 tonne biocoal production plant at the Port of Natchitoches Louisiana. An off-take agreement is in place for 200,000 per year for twenty years which is projected to generate annual sales in excess of $40 million per year. The total annual income for phase one of the biocoal plant is projected at $48 million.

This is phase one of three planned phases that will increase the plant production to one million tonne per year. Biocoal is a torrefied product used to generate both heat and power for residential and industrial purposes. Biocoal can be used as an alternate fuel to coal in most circumstances. The advantage over white pellets is that little if any CAPEX is required to convert power plants from coal to biocoal, whereas white pellets require a significant investment to convert.

About Biomass Secure Power Inc.
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. On May 4, 2016 The Company signed a non-binding Memorandum of Understanding with River Basin Energy to merge the companies and build a biocoal plant at the Port of Natchitoches, Louisiana. 

Public filings and financial information for Biomass Secure Power Inc. can be found at www.sedar.com.

Safe Harbour Statement
This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,
BIOMASS SECURE POWER INC.
Jim Carroll, President - CEO

For more information on this press release visit: http://www.releasewire.com/press-releases/update-biomass-secure-power-inc-receives-increase-in-bond-allocation-769696.htm

Abbotsford, BC -- (ReleaseWire) -- 02/08/2017 -- Digital Info Security Co/Digital 7 Inc (OTCMKTS:DGIF) through its wholly owned subsidiary Data Source Inc is strategically placed to solve one of the major issues facing Government and large business alike regarding their legacy data.  Legacy data is degrading and disappearing at a rapid rate and once data is lost it is irretrievable.  Digital 7's Virtual Tape Storage (VTS) solution has successfully solved this problem at Robins Air Force base, and is now positioned to offer its VTS solution to the market at large.

Robins Air Force Base selected Digital's VTS solution to perform on-site legacy data archiving and consolidation services. Over the past 16 months, Digital 7 transferred Robins' magnetic tape libraries and other media to modern file-based storage systems saving Robins data at a significant cost savings over the competition. Digital's successfully deployment provided not only data preservation but also enhanced access and retrieval not previously available. Current billings to Robins are just over $350,000, which is significantly lower than the previous replacement options.

According to a recent GAO report, http://www.gao.gov/assets/680/677436.pdf, in 2015, the government planned to spend $55 billion on IT operations and maintenance systems. The data for these systems is at risk and Digital 7's solutions address this growing problem. Timing couldn't be better, after reports of a meeting led by President Trump with Silicon Valley leaders where they discussed "updating government software systems and improving physical and digital infrastructures" as a means to reduce government waste according to an article written by Mohana Ravidranath staff correspondent with Nextgov dated December 15.

Digital 7 is currently working with over 20 government departments and agencies with plans to provide direct solutions. With the success at Robins AFB, Digital 7 believes it is positioned to capture a large portion of the legacy data needs for the over 800 US military bases. In addition, Digital is in talks with other companies and individuals that are currently servicing government or large company contracts to integrate Digital 7's solution into their offering.

About Digital 7
Digital Info Security Co/Digital 7 Inc (DGIF) with its acquisition of Data Source Inc (a fully owned subsidiary of DGIF) is a data management company that specializes in Legacy Data and the conversion and management of that Data.

For additional information about the content found in this release or about Digital Info Security Company/Digital 7 (DGIF) or Data Source contact the investor relations department at 720-427-8938 or visit our webpage at http://www.digital7.biz.

Tags: Data management, US Government, Air force, Army, Navy, Military, Pentagon, Tape management, Tape drives, Trump cost savings, Cloud services, VTS, Virtual Tape Storage, Green Procurement Program, Disaster recovery plan, Legacy Data, government waste.

SAFE HARBOR STATEMENT
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by the Company.

For more information on this press release visit: http://www.releasewire.com/press-releases/successful-integration-at-robins-air-force-base-paves-way-for-digital-7-to-capture-share-of-multi-billion-dollar-market-768589.htm

Abbotsford, BC -- (ReleaseWire) -- 02/07/2017 -- Biomass Secure Power Inc. (OTCPINK:BMSPF) Biomass Secure Power is pleased to advise shareholders that on January 31, 2017 Governor of Louisiana John Bel Edwards signed Executive Order Number JBE 17-03 (Carry-Forward Bond Allocation 2016). Pursuant to and in accordance with the provisions of Section 146(f) of the Internal Revenue Code of 1986, as amended, and in accordance with the request for carry-forward filed by designated issuer, the excess private activity bond volume limit under the 2016 Ceiling is hereby allocated to the following issuer(s), for the following carry-forward project(s), and in the following amount(s):

ISSUER: Louisiana Public Facilities Authority.
Carry-Forward Project: Biomass Power Louisiana, LLC
Carry-Forward Amount: $88,536,200.

This increases the limit of Tax Exempt Bonds the company can sell to finance the Natchitoches Bio-Coal project by $28,535,200. The Company's wholly owned subsidiary Biomass Power Louisiana L.L.C. (BPL) has engaged the services of Bank of America Merrill Lynch to sell the bonds.

Upon funding, the proceeds will be used to build a 240,000 tonne bio-coal production plant at the Port of Natchitoches Louisiana. An off-take agreement is in place for 200,000 per year for twenty years which is projected to generate annual sales in excess of $40 million per year. The total annual income for phase one of the bio-coal plant is projected at $48 million.

This is phase one of three planned phases that will increase the plant production to one million tonne per year. Bio-coal is a torrefied product used to generate both heat and power for residential and industrial purposes. Bio-coal can be used as an alternate fuel to coal in most circumstances. The advantage over white pellets is that little if any CAPEX is required to convert power plants from coal to bio-coal, whereas white pellets require a significant investment to convert.

About Biomass Secure Power Inc.
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. On May 4, 2016 The Company signed a Memorandum of Understanding with River Basin Energy to merge the companies and build a bio-coal plant at the Port of Natchitoches, Louisiana.

Public filings and financial information for Biomass Secure Power Inc. can be found at http://www.sedar.com.

Safe Harbour Statement:
This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,
BIOMASS SECURE POWER INC.
Jim Carroll, President - CEO

For more information on this press release visit: http://www.releasewire.com/press-releases/biomass-secure-power-inc-receives-increase-in-bond-allocation-768548.htm

Abbotsford,, BC -- (ReleaseWire) -- 01/20/2017 -- Biomass Secure Power Inc. (OTC: Pinksheets: BMSPF). Biomass Secure Power is pleased to advise shareholders that on January 19^th, 2017 the Louisiana State Bond Commission approved the sale of $60 million tax exempt bonds by the Company's wholly owned subsidiary, Biomass Power Louisiana L.L.C. (BPL). The Company has engaged the Bank of America Merrill Lynch to sell the bonds on behalf of the company.

The proceeds of the bond issue will be used to build a new 240,000 tonne/yr, Bio-Coal production facility at the Port of Natchitoches Louisiana. A 20 year off-take agreement has been confirmed for 200,000 tonnes per year of Bio Coal, which is expected to generate annual sales in excess of $40 million per year. The total annual sales from phase one running at 240,000 tonnes/yr is planned to be in excess of $48 million per year.

Biomass Secure Power Inc. and River Basin Energy are in the process of merging the two companies prior to the closing date of the financing round.  Additional information about the merger will be released in the upcoming weeks.

The investment at Natchitoches is phase one of a three phase development program that will increase the plant production capacity to one million tonne per year. River Basin Energy has received a MOU to provide a further 500,000 tonne/year to 2,000,000 tonne/year of Bio-Coal. The MOU will be converted to a binding off-take agreement after trial samples from phase 1 operations have been received and evaluated by the buyer as being of the same quality or better than samples already made available from the RBE reactor.

Bio-coal is a torrefied product used to generate heat and electrical power for residential and industrial purposes. Bio-coal is a sustainable alternate to coal in most circumstances. Bio-Coal has a commercial advantage over whitewood pellets as the energy cost is about the same and the CAPEX requirements to convert an existing plant to bio-coal is significantly lower.

About the Company
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. On May 4, 2016 the Company signed a Memorandum of Understanding with River Basin Energy to merge the companies and build a bio-coal plant at the Port of Natchitoches, Louisiana.  Public filings and financial information for Biomass Secure Power Inc. can be found at www.sedar.com.

Safe Harbour Statement:

This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,

BIOMASS SECURE POWER INC.
Jim Carroll, President - CEO

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/biomass-secure-power-inc-tax-free-bond-status-approved-762698.htm

Phoenix, AZ -- (ReleaseWire) -- 05/11/2016 -- Biomass Secure Power Inc. (OTCPinksheets:BMSPF) (The Company) is pleased to advise shareholders that the Company has appointed Susan Bubra B.Comm, CPA, CA as our new CFO effective immediately. Mrs. Bubra is a highly accomplished, results-driven senior accounting and financial management executive with more than 15 years of experience in finance and operations management. Demonstrates ability to streamline business operations that drive growth and increases efficiency and bottom line profit. Highly motivated accounting professional with proven experience in leadership, management, tax accounting and financial management. Independent, creative and critical thinker with reputation for investigating and resolving issues. Sound judgement and ability to prioritize and manage time effectively. Possesses solid leadership and communication skills with excellent interpersonal skills to establish rapport with all levels of staff and management.

About Biomass Secure Power Inc.
Biomass Secure Power Inc. is incorporated in the Province of British Columbia. On May 4, 2016 the Company signed a Memorandum of Understanding with River Basin Energy to merge the two companies and their subsidiary companies. A merger will lead to the completion the 10,000 tonne demonstration plant currently under construction in Rotterdam Netherlands and a one million tonne plant for production of bio-coal in Natchitoches Louisiana. Public filings and financial information on the Company can be found at www.sedar.com.

Safe Harbor Statement:
This information includes certain "forward-looking statements". The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results.

On Behalf of the Board,

BIOMASS SECURE POWER INC.
Jim Carroll
Jim Carroll, President - CEO
www.biomasssecurepower.com

Source: https://upticknewswire.com/biomass-secure-power-inc-appoints-new-chief-financial-officer

For more information on this press release visit: http://www.releasewire.com/press-releases/biomass-secure-power-inc-appoints-new-chief-financial-officer-688507.htm