LOS ANGELES, Dec. 24 /PRNewswire-FirstCall/ -- Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT; Berlin: WTC) is pleased to announce it is in discussions with Trinity Vendor Finance, a division of the Bank of the West and BNP Paribas Group to provide CTI customers with Operating leases. We hope Trinity will recognize the potential for the product and work with us to provide leasing methods to potentially thousands of clients with the desire and demand for our technology.
According to Kirk Wiggins, CTI's Director of Sales and Business Development, "Trinity, Bank of the West and BNP Paribas Group have in-depth understanding of a broad range of industries and are able to create solutions to cater to the distinct needs of CTI's business. With extensive product knowledge and market expertise they serve as more than just equipment financing specialists - they will serve as an extension of our business."
Mr. Wiggins further indicated, "We are very pleased to be working with Trinity, Bank of the West and BNP Paribas Group. These are some of the most respected companies in the world and they, like us are concerned for the environment and want to help industries lower costs and improve profitability. 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."
CTI's reactor has no moving parts; the fluids passing through the reactor under high pressure are changed structurally at the nano molecular level and can eliminate the use of chemicals in some cases. The industries that can greatly benefit from our applications are vegetable oil, wastewater, and chemical processes to name a few. The market for the product is worldwide in countless sectors and will save billions of dollars in process costs while improving profitability and helping save the environment.
Roman Gordon, CTI CEO, stated, "We are very pleased to be working with Trinity, Bank of the West and BNP Paribas Group and expect to have a long and fruitful relationship."
About Cavitation Technologies
Cavitation Technologies, Inc. (CTI); (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. For additional information please visit: http://www.cavitationtechnologies.com/
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.
Cavitation Technologies, Inc.
CONTACT: Cavitation Technologies, +1-818-718-0905,
IR@cavitationtechnologies.com
Web Site: http://www.cavitationtechnologies.com/
