WatchIt Technologies on Cusp of Major Market Breakthrough
First Diesel Fuel Reformer Is Assembled
(firmenpresse) - ARDEN, NC -- (Marketwire) -- 02/27/12 -- WatchIt Technologies Inc. "" (PINKSHEETS: WTCT) announced that the company continues to exceed its development goals relating to the diesel version of its patent pending "fuel reformer."
In addition, the company also reports that the first diesel fuel reformer has been constructed and is awaiting installation in the test vehicle, which will occur early this week. Although the company has successfully built and tested the gas fuel reformer, this will be the first venture into the diesel market.
According to the company, the first phase of testing is completed. To date the vehicle has undergone "pre fuel reformer" evaluation in a state approved independent emissions facility, as well a 250 mile road test to establish baseline numbers for future comparisons to evaluate the performance of the diesel fuel reformer. When the fuel reformer is installed, the same tests will be repeated and the results will be compared to the first tests.
A statement released by the Board of Directors: "We are now at a point where we can begin assessing the performance of the diesel fuel reformer. It has taken time to reach this point and we are pleased to be on the cusp of a major market breakthrough. We are confident that following the independently verified results, WatchIt Technologies will become a major player in the alternative, green technology arena."
About WatchIt Technologies Inc.:
WatchIt Technologies is an "incubator" for emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns to investors.
Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Follow us on Twitter:
twitter.com/watchittech
Contact:
Investor Relations
1-828-483-4131
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.02.2012 - 13:30 Uhr
Sprache: Deutsch
News-ID 118773
Anzahl Zeichen: 0
contact information:
Town:
ARDEN, NC
Kategorie:
Land Vehicles
Diese Pressemitteilung wurde bisher 289 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"WatchIt Technologies on Cusp of Major Market Breakthrough"
steht unter der journalistisch-redaktionellen Verantwortung von
WatchIt Technologies Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
