Joint Venture Announced Between Highline Technical Innovations Inc. and Alternative Hydrogen Solutions Group Sales & Marketing
May 29 2012 - 9:51AM
Marketwired
Highline Technical Innovations, Inc. (PINKSHEETS: HLNT), the
creator of a uniquely engineered hydrogen based fuel supplement
proven successful in the marine and agricultural industries, today
announced a joint venture with Miami-based Alternative Hydrogen
Solutions Group Sales & Marketing, LLC, a sales and marketing
group created for the sole purpose of marketing and distributing
the HTI line of intelligent hydrogen systems.
"This is a very exciting time for HTI," stated Charlton Coats,
CEO for Highline Technical Innovations. "After 7 years of research,
testing and modifications we have a product ready for high capacity
production. This joint venture puts us in the financial position to
do that in a very succinct and effective manner."
"We are excited to be representing a technology that has the
potential of making a major impact on companies that are struggling
with rising fuel costs while at the same time doing a lot of good
for the environment," stated Bill Cunetta, president of Alternative
Hydrogen Systems Group Sales & Marketing. "As our country
continues to search for alternative fuel sources we firmly believe
that through proper marketing we will not only be bringing this
product to the next level but we will be introducing hydrogen as a
very effective means of reducing foreign fuel dependency, lowering
fuel costs for the end user and creating a cleaner environment for
everyone. It's a win-win for everyone."
HTI reported that the terms of the Joint Venture bought out the
interest of HHHI Founders, Charlie Foster and Mel Robinson. This,
in turn, resulted in a reduction of 31,952,500 shares of Preferred
Stock.
About Highline Technical Innovations, Inc.
HTI is a publicly traded corporation (PINKSHEETS: HLNT) dedicated
to producing innovative, high quality products that are economical
and good for the environment. The company maintains offices and
manufacturing sites in Northwest Arkansas.
About Alternative Hydrogen Systems Group Sales
& Marketing LLC AHSG is a privately held sales and
marketing company focused on bringing groundbreaking new
technologies to companies in the transportation, marine, rail,
oil-service, and municipal sectors. AHSG focuses on introducing the
latest in cost-saving and environmentally responsible technology to
industries that rely heavily on the consumption of fossil fuels.
AHSG was founded in 2011 by Bill Cunetta, a 21 year veteran of the
transportation industry.
CONTACT: CHARLTON COATS 479-267-6000
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