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Wednesday November 18, 2009
DrStockPick.com Stock Report!
CVAT, Cavitation Technologies Inc, CVAT.OB
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CTI Enters Into Strategic Alliance With Agri Process Innovations, Inc. for CTI Nano-Cavitation Process Systems.
Cavitation Technologies, Inc. (CTI); (OTCBB: 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.
Recently, CVAT signed Agri Process Innovations, Inc. (”API”) (www.apinnovations.com) as a new Strategic partner to supply equipment, systems and expertise which compliment CTI’s product offerings and know how. API is a leading provider of small and medium size renewable fuels plants.
According to Kirk Wiggins, CTI’s Director of Sales and Business Development, “We are very pleased to be working with API, Mike Shook and Steven Danforth Principals. Mike and Steve both have a wealth of knowledge and experience that will make CTI even stronger than before. Mr. Shook has stated, “We agree that our two companies will find many areas where we can work together for our mutual success and we are very pleased to work with CTI.”
Mr. Wiggins further stated, “The exciting thing about CTI is the diverse applications of our technologies. All of our applications are in industries where there are significant environmental problems and/or a need to reduce costs and improve profitability. We are working on projects and technologies for renewable fuels, petroleum, water desalination, wastewater treatment, food and beverage, chemical industries”. API has experience in many of these areas and we expect that we will be very successful working with them.
Roman Gordon, CTI CEO, stated, “We have many companies wanting to represent us but we are very selective.” After discussions with Mr. Shook, we are now very confident that we will do many good things together.” “We are pleased to be on the same team”.
Contact:
Cavitation Technologies
(818) 718-0905
info@cavitationtechnologies.com
IR@cavitationtechnologies.com
More about CVAT at www.cavitationtechnologies.com
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