SANTA ANA, Calif., Nov. 29, 2011 /PRNewswire/ -- SaviCorp
(Pinksheets: SVMI.PK) was awarded "Breakthrough Innovator of the
Year" and a "Corporate Excellence Award" during the Asian Business
Association of Orange County's
(ABAOC) 16th annual Recognition Gala. This was the first year
ABAOC awarded top businesses for their economic contributions both
locally and nationally.
The ABAOC recognized Serge Monros and SaviCorp for leading to
the design, development, and marketing of SaviCorp's award winning
product the DynoValve®. DynoValve is the first, and only,
electronic positive crankcase valve (PCV) shown to reduce emissions
in vehicles by 50% to 90%, with a by-product of reduced maintenance
and fuel costs. It has an executive order from the Air
Resources Board of California.
SaviCorp's founder and CEO, Serge
Monros, was there to accept the award Nov. 19, at the Magic Ballroom, Disneyland Hotel.
Monros, inventor of the DynoValve®, took a moment to admire
the magnificent cut-glass plaque at the podium. "It's not
about me -- it's about my team, and the DynoValve products," said
Monros. According to Monros he was surprised by this honor,
and grateful to the Asian Business community, for recognizing
SaviCorp's growth in the new economy. "On behalf of SaviCorp,
we'll continue to bring our community, and our nation innovative
technologies that will change how we think about our environment,
our fuel, and our vehicles."
This year's event was sponsored by Disneyland Resorts, and
featured keynote speaker California Controller, John Chiang. "Especially during these
tough economic times, ABAOC's efforts in promoting business
opportunities in Orange County are
even more important," Chiang said.
To view the event pictures, please visit:
http://www.savicorp.com/Albums/absoc/aba.aspx
About SaviCorp
SaviCorp (savicorp.com) is an innovative automotive technology
company that licenses, manufactures, distributes and services an
array of patented technologies and products that reduce harmful
emissions and improve fuel efficiency. The Company, an evolution of
more than twenty years of automotive engine emissions testing,
materials research and development, was formed to create, support
and license our patented supplementary vehicle Emissions Reduction
Technologies (ERT) to reduce emissions and improve efficiency.
Using proprietary methods and processes, the Company's flagship
DynoValve system protects the environment, lessens an engine's
carbon offsets, increases gas mileage, and improves engine
performance resulting in dramatic savings in both fuel and oil.
Forward-Looking Statement Disclosure
Statements contained herein that are not historical facts may be
forward-looking statements within the meaning of the Securities Act
of 1933, as amended. Although we believe that the expectations and
assumptions upon which they are based are reasonable, we can give
no assurance that such expectations and assumptions will prove to
have been correct. Some of these uncertainties include, without
limitation, the company's ability to perform under existing
contracts, to procure future contracts, to acquire certain assets,
or to finalize funding for the purchase of certain assets. The
reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to
numerous factors and uncertainties, including without limitation,
successful implementation of our business strategy and competition,
any of which may cause actual results to differ materially from
those described in the statements. We undertake no obligation and
do not intend to update, revise or otherwise publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
any unanticipated events. Although we believe that our expectations
are based on reasonable assumptions, we can give no assurance that
our expectations will materialize. Many factors could cause actual
results to differ materially from our forward-looking
statements.
Contact
Serge Monros
SaviCorp
(877) 611-SAVI (7284) ph
serge.monros@savicorp.com
http://www.savicorp.com
SOURCE SaviCorp