Patriot Energy Receives Confirmation from Independent Labs and Sets the Market Launch for March 30
March 05 2009 - 9:00AM
Marketwired
Patriot Energy Corp. (PINKSHEETS: PGYC) announced today that it has
received confirmation from independent laboratories and has set its
launch for the H2O Oxygenator System for March 30, 2009.
According to the company, the society of automobile engineers of
Pennsylvania as well as the department of highway safety and motor
vehicles of Florida, have both independently tested the H2O
Oxygenator unit and have confirmed its efficiency and reduced
emissions.
"We are really encouraged by the independent certification of
our device's efficiency in both the reduction in harmful emissions
and the increase efficiency" said Tony Bisante, the President and
CEO of Patriot Energy Corporation. "Now that we have the
certification, it will be easier to go back to the original clients
who purchased the initial 110,000 units of the first generation H2O
Oxygenator System and win them again as customers, as well as
continue OEM discussions with the automobile makers worldwide"
further added Mr. Bisante.
About Patriot Energy Corp.
Patriot Energy Corp. is a management holding corporation, which
owns a wholly owned subsidiary named Telteck Solutions and owns a
99 year exclusive leased license agreement with Tectane
Technologies Corporation for the Dual H2O Engine Oxygenator and New
Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot
Energy specializes in the development and marketing of energy
efficient technologies with a focus on reducing America's
dependence on Foreign Oil.
Total Shares Outstanding (fully diluted): 193,500,000
www.patriotenergycorporation.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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