PTA Holdings, Inc. to Accelerate Production of Its Fuel Saving Oil
February 15 2012 - 4:05PM
Marketwired
PTA Holdings, Inc. (PINKSHEETS: PTAH) http://www.ptaholdings.net
announced today that it has obtained the former Chrysler / Jeep
Dealership in Cleveland, GA as its new facility to accelerate
production of its fuel saving oil.
The new location is situated on 4.8 acres and is next to one of
north Georgia's largest Ford dealerships. "The new facility is
ideal for the ongoing interaction with the automotive/diesel
service industry. It's double the size of our previous location and
will allow us to work on our new product developments. In the last
few years we have desired a larger facility to be able to
accommodate production of our oil products and this facility should
allow us to ramp up production within the next few months," stated
Ted Leverette, CEO of PTA Holdings, Inc.
Leverette continued, "We have been engineering our oil products
for the last 5 years which consists of a premium blend of synthetic
motor oils with proprietary additives that significantly reduce
friction in piston fired engines, thereby creating fuel savings for
our customers. The product has been tested locally on a wide array
of automobiles, trucks and machinery with consistent performance
results."
About PTA Holdings, Inc.:
PTA Holdings, Inc. ("PTA") is a diversified holding company. The
Company acquired ProFlow, Inc. in April 2007. ProFlow, Inc. is a
Georgia based Automotive Service Center that specializes in the
development of special Oil's for domestic, foreign and diesel
engines. The company has developed and designed fuel saving
processes, for the automobile and trucking industry that can have a
dramatic effect on fuel consumption. Additional information can be
found on the company's website: http://www.ptaholdings.net.
Forward-Looking Statements
This news release contains forward-looking statements about our
business, or financial condition and prospects that reflect our
assumptions and beliefs based on information currently available.
We can give no assurance that the expectations indicated by such
forward-looking statements will be realized. There may be other
risks and circumstances that we are unable to predict. When used in
this news release, words such as "believes," "expects," "intends,"
"plans," "anticipates," "estimates" and similar expressions are
intended to identify forward-looking statements, although there may
be certain forward-looking statements not accompanied by such
expressions. All forward-looking statements are intended to be
covered by the safe harbor created by Section 21E of the Securities
Exchange Act of 1934.
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Contact: PTA Holdings, Inc. Ted Leverette CEO 478-457-5873
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