STWA, Inc. Issues Shareholder Update: Product Deployment and Energy Sector Analysis
January 27 2014 - 6:00AM
STWA, Inc. (the "Company") (OTCQB:ZERO), a
developer of integrated solutions for the energy industry, has
issued a Shareholder Update about the Company's status, market
opportunity and the installation of the Company's AOTâ„¢ Viscosity
Reduction System onto one of North America's primary north-south
midcontinent pipelines.
Excerpts from the Shareholder Update:
"I am pleased to say that the development, design and
manufacture of our AOTâ„¢ technology has been completed on time and
on budget," STWA Chief Executive Officer Mr. Greggory M. Bigger
states in the Shareholder Update. "Over the past two years our team
has been collaborating with engineers and representatives from
exploration, extraction and transportation entities worldwide to
find innovative solutions for improving the flow assurance of
conventional energy during transport from well to
point-of-sale."
"We are currently in the process of delivering 100 tons of our
solid-state flow assurance equipment to one of the primary
north-south, mid-continent pipelines in the nation, custom designed
and engineered as a collaborative exercise between us and 19
different companies," Mr. Bigger continues. "This installation is
important as it is representative of one of the newest, cutting
edge long distance commercial pipeline infrastructures, a flagship
of the 180,000 miles of crude oil pipeline throughout North
America."
"Capital spending by energy companies in all sectors of the
industry has increased dramatically over the past three years and
is expected to continue to grow well into the future," Mr. Bigger
states in the report. "For example, investment in the oil and gas
midstream and downstream infrastructure alone has jumped 60 percent
from 2010 and 2013, increasing from $56.3 billion to $89.6 billion.
A recent report by the American Petroleum Institute estimates that
upwards of $90 billion of direct capital will be spent on oil and
gas infrastructure this year alone. We believe we are in a great
position in a massive growth industry. We encourage you to read our
SEC filings here and log on to our website at www.stwa.com for
current information and updates."
"Thank you again for your support."
For the full body of the Shareholder Update, please visit
here.
Safe Harbor
Statement:
Some of the statements in this release may constitute
forward-looking statements under federal securities laws. Please
visit the following link for our complete cautionary
forward-looking statement:
http://ir.stockpr.com/stwa/safeharbor
About STWA, Inc.
STWA, Inc. (Save the World Air, Inc.) is a Nevada Corporation
that works with commercial entities, educational institutions and
industry manufacturers to deliver innovative solutions and
licensable technologies to the conventional energy production and
transportation industry. More information is available at:
www.stwa.com. STWA, Inc. SEC filings can be found here.
CONTACT: Investor Relations & Media Contact:
Steve Bonser
STWA, Inc.
Tel: (805) 845-3581
Direct: (805) 896-9888
E-mail: investor@stwa.com