Scorpex Signs to Merge with Scorpex International

Scorpex International, Inc., formerly known as Scorpion International Waste Solutions, Inc., is a development stage company in the hazardous and toxic waste industry. With its first facility located near Ensenada, Mexico, Scorpex International is developing its first property for the storage, recycling, treatment, and disposal of hazardous waste. It is awaiting permits from the local and national government, and has already developed significant infrastructure on the 26-acre property.

"Merging Scorpex International with the Company marks a historic event in the development of Scorpex. I am pleased with the progress that Scorpex International is making in this region of Mexico and the waste disposal industry. We view this merger as a great opportunity to expand our shareholder base and create value for our shareholders. Furthermore, Scorpex has the opportunity to make a real positive difference with the environment," said Joseph Caywood, Chief Executive Officer.

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President Calderon: 'Invest in Mexico'

President Felipe Calderon received executive officers from Avaya Inc., a New Jersey-based company specializing in business communication services, applications and systems, to discuss some of the actions carried out by his Administration to attract productive investment.

In the meeting, President Calderon stressed the responsible management of public finances and an unprecedented amount of investment in infrastructure -- almost 5% of Gross Domestic Product (GDP).

Read more about why President Calderon says companies should invest in mexico.