Los Angeles, CA: November 9, 2009: Cavitation Technologies, Inc. (CTI) (OTCBB: 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.
- InvisiTrack vs. GPS
- Cavitation Technologies appoints James W. Fuller to the Board of Directors
- Cavitation Technologies Signed an Agreement with Catalyst Partners, LLC
- Cavitation Technologies Presenting at the Undiscovered Equities Conference
- Cavitation Technologies Announces Major Technology License with Edible Oil Leader Desmet Ballestra.