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Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT; Berlin: WTC) is pleased to announce a successful testing of its first commercial scale nano-degumming skid system, the Green D+.
The 43 GPM (gallon per minute) unit has performed above its expectations. Our system will replace expensive processing equipment of oil refineries worldwide. Green D+ will offer substantial savings to the vegetable oil degumming industry and offer all the benefits related to our environmentally safe process.
"Green D+ Plus Degumming" (GPD) system is implemented for efficient and inexpensive refining of crude vegetable oils and is very compact in size and extremely energy efficient. An 80% reduction of chemicals is offered by CTI's Nano cavitation reactor for physical process refineries and 100% reduction of acid used in the chemical refining process. This totally acid free process could provide at least $100,000 to $500,000 savings per year for a single refinery plant. Degumming is one of the most expensive processes in the vegetable oil refining business and CTI is ready to offer its unique solution to lower costs and increase revenue of the refineries. Reduction of chemical use also has a positive environmental impact and is directly related to substantial reduction in emissions of CO2 and NO2, reduction of contaminated waters produced by the refining process and many other environmental benefits.
CTI's unique Nano Degumming system offers reduction and elimination of chemicals used in the oil degumming business and this could translate to $100,000,000 savings annually to the industry. Our 200 Tons/year degumming unit is ready to be installed on a commercial scale. This new technology will replace older, more complex and costly equipment and systems which are less environmentally friendly and will offer substantial savings in energy, maintenance, labor and chemicals over conventional processes.
CTI continues to identify new applications for our technology. All of the applications are in industries where there is a need to solve environmental problems, reduce operating costs and improve profitability.
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions such as "may," "could," or "might" occur. Such statements reflect the current views of CTI with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Cavitation Technologies, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.
About Cavitation Technologies
Cavitation Technologies, Inc. (CTI); (OTC Bulletin Board : CVAT); is a "Green-Tech" company, established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries.
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