Patriot Energy Corporation: Exclusive USA Distributorship Sets the Stage for Massive Revenue
February 06 2009 - 9:22AM
Marketwired
Patriot Energy Corporation's (PINK SHEETS: PGYC) signing of the
exclusive license agreement for the USA with Tectane Technologies
could potentially generate billions of dollars. Presently, there
are approximately 205 million vehicles in circulation in the United
States of America. Based on a US$500 retail price, the total US
market has the potential for $102 billion in retail sales for the
H2O Oxygenator System.
Patriot Energy Corporation will immediately put into action a
strategy to capture 5% of the total US market for the H2O
Oxygenator System. With the capturing of 5% market share through
the distribution of the H2O Oxygenator System the retail sales
would total $500 million. Patriot Energy Corporation plans to
channel the H2O global warming solution through their US
distributors and expects to generate 90 million in retail sales in
the first five years of their strategy.
The H2O Oxygenator System is effective, cost efficient and
proven through the EPA and SAE (Environmental Protection
Agency/Society of Automotive Engineers) to drastically reduce CO2
emissions. Patriot Energy Corporation believes that the integration
of the H2O Oxygenator System on motor vehicles will have an
immediate impact in reducing global warming.
For more information on TECTANE and its Technologies, please
visit the company's website at www.tectane.com and view the
documentary on the company and its technologies.
http://www.TelteckSolutions.com
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause
those results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
Contacts: Momentum IR Max Gagne 514-913-0351 877-253-7001
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