CTI Enters Into Strategic Alliance With Agri Process Innovations, Inc. for CTI Nano-Cavitation Process Systems.
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CTI Enters Into Strategic Alliance With Agri Process Innovations, Inc. for CTI
Nano-Cavitation Process Systems.
LOS ANGELES, Nov. 9 /PRNewswire-FirstCall/ -- Cavitation Technologies, Inc.
(CTI) (OTC Bulletin Board: CVAT; Berlin: WTC) is pleased to announce it has
signed Agri Process Innovations, Inc. ("API") (www.apinnovations.com) as a new
Strategic partner to supply equipment, systems and expertise which compliment
CTI's product offerings and know how. API is a leading provider of small and
medium size renewable fuels plants.
According to Kirk Wiggins, CTI's Director of Sales and Business Development,
"We are very pleased to be working with API, Mike Shook and Steven Danforth
Principals. Mike and Steve both have a wealth of knowledge and experience
that will make CTI even stronger than before. Mr. Shook has stated, "We agree
that our two companies will find many areas where we can work together for our
mutual success and we are very pleased to work with CTI."
Mr. Wiggins further stated, "The exciting thing about CTI is the diverse
applications of our technologies. All of our applications are in industries
where there are significant environmental problems and/or a need to reduce
costs and improve profitability. We are working on projects and technologies
for renewable fuels, petroleum, water desalination, wastewater treatment, food
and beverage, chemical industries". API has experience in many of these areas
and we expect that we will be very successful working with them.
Roman Gordon, CTI CEO, stated, "We have many companies wanting to represent us
but we are very selective." After discussions with Mr. Shook, we are now very
confident that we will do many good things together." "We are pleased to be on
the same team".
About Cavitation Technologies
Cavitation Technologies, Inc. (CTI); (OTCBB: CVAT); is a "Green-Tech" company,
established in 2006 to become a world leader in the development of new cutting
edge technologies for the vegetable oil refining, renewable fuel, petroleum,
water treatment, wastewater sanitation, food and beverage, and chemical
industries. For additional information please visit:
www.cavitationtechnologies.com
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995, and within the meaning of Section 27A of the
Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any
statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals and assumptions
of future events or performance are not statements of historical fact and may
be "forward-looking statements." Forward looking statements are based on
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could cause actual
results or events to differ materially from those presently anticipated.
Forward-looking statements in this release may be identified through the use
of words such as "expects," "will," "anticipates," "estimates," "believes," or
statements indicating certain actions such as "may," "could," or "might"
occur. Such statements reflect the current views of Cavitation Technolgoies,
Inc with respect to future events and are subject to certain assumptions,
including those described in this release. These forward-looking statements
involve a number of risks and uncertainties, including the timely development
and market acceptance of products, services, and technologies, competitive
market conditions, successful integration of acquisitions, the ability to
secure additional sources of financing, the ability to reduce operating
expenses and other factors. The actual results that Cavitation Technologies,
Inc. achieves may differ materially from any forward-looking statements due to
such risks and uncertainties. Cavitation Technologies, Inc. does not undertake
any responsibility to update the "forward-looking" statements contained in
this news release.
SOURCE Cavitation Technologies, Inc.
Cavitation Technologies, +1-818-718-0905, info@cavitationtechnologies.com,
IR@cavitationtechnologies.com
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