Monday, January 3, 2011

Save the World Air Inc. (ZERO.OB) Highlights 2010 Achievements

Innovative energy technology company, Save the World Air Inc. (STWA), released news recently highlighting the company’s 2010 achievements. Each accomplishment aided in maximizing the potential of the company’s energy-savings technologies.

Among the highlights:

• STWA reported that it received approval from the U.S. Department of Energy to test a prototype based on the Company’s Applied Oil Technology (AOT™) at the U.S. Naval Petroleum Reserve #3 (NPR-3) Rocky Mountain Oilfield Testing Center (RMOTC) in Wyoming;
• Engaged Colfax Corporation to produce a full scale AOT™ product prototype for testing at RMOTC;
• Achieved payment obligations with Temple University covering AOT™ licensing agreement totaling $512,000; also strengthened intellectual product positioning as technology receives patents in 32 European countries;
• Reached agreement with Verdantec Technologies for joint fuel savings project called Advanced Diesel Technology to increase efficiency for commercial diesel trucks;
• Confirmed effect of STWA technology on crude oil at nano-scale level;
• Attended Energy Futures Symposium 2010, sponsored by the American Society of Naval Engineers (ASNE), attended by military decision-makers and defense contractors focused on modernization of fleet assets;
• Completed funding of over $3 million to support ongoing development of proprietary, patented fuel-saving technology and Applied Oil Technology (AOT™).

Mr. Cecil Bond Kyte, Chairman and CEO of STWA, Inc., remarked, “The milestones that we achieved these past twelve months have set up 2011 to be a monumental year. Throughout the course of 2010, we have positioned ourselves to take advantage of the tremendous opportunity that our energy-efficiency technology holds for crude oil transportation and diesel engine efficiency to help meet energy demands and emissions quality standards.”

Kyte continued, “We believe that our development of an AOT™ product line has the potential to change how crude oil is transported around the globe, resulting in significant cost savings for pipeline operators, greater safety and a reduction the industry’s environmental footprint. I am excited and encouraged by the strides we have made as we get ready to begin our baseline testing in January and enter real-world application with our technology.”

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