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STWA Recognizes Federal Government’s Call for Comprehensive Energy Reform
President Obama’s Speech, Given in Front of “Green Hornet” F-18 Bio-Fuel Fighter Jet, Validates Aspects of Company’s Business StrategySANTA BARBARA, Calif.–(BUSINESS WIRE)–Save the World Air, Inc. (OTCBB:ZERO – News) (“STWA” or the “Company”), an innovative pioneer in the clean technology industry focused on energy efficiency and air quality issues, commented today that the Company’s strategy is perfectly aligned with the country’s need for solutions to reduce future energy consumption and increase national fuel security as evidenced in statements made by the Federal government.
In a speech yesterday at Andrews Air Force base, President Obama’s proposal to open up expanses of the Atlantic coastline and parts of Alaska to oil and natural gas drilling, while leaving other areas of the U.S. off limits, highlighted the need to balance national fuel security with protecting the environment and the country’s natural resources. In the speech, delivered in front of an F-18 “Green Hornet” that will run partly on bio fuel, President Obama tied oil and gas drilling expansion to the country’s need to increase the use of renewable energy, stating that “drilling alone cannot come close to meeting our long-term energy needs.”
Mr. Cecil Bond Kyte, Chairman and CEO of Save The World Air, Inc., said, “President Obama’s speech validates STWA’s strategy to advance our ELEKTRATM technology with military decision makers as a solution to help reduce fuel consumption and increase national security while supporting the nation’s environmental objectives. The U.S. military is the world’s largest consumer of fuel, and President Obama’s focus on revamping the Department of Defense’s fuel consumption to reduce U.S. dependence on foreign oil corroborates our strategy of building relationships with the armed forces to advance the use of our patented clean technologies. As a retired commercial airline pilot, the President’s decision to give his speech in front of the Navy’s F-18 ‘Green Hornet’ really hit home and again reinforced the imperative to increase our country’s energy security by reducing our dependence on foreign oil.”
Mr. Kyte continued, “STWA’s efforts are in-line with the political initiatives underway in Washington and the statements made by the Federal government and President Obama. We believe that a broad application of our ELEKTRA technology within the military and across vital industries could reduce our country’s dependence on oil and lead to increased energy security. In March, we met with military decision makers at the Energy Futures Symposium, sponsored by the American Society of Naval Engineers (ASNE), where I had the opportunity to meet personally with the parties in charge of the ‘Green Hornet’ project. In addition, the Company has held discussions with several departments of the DOD and key suppliers about the implementation of its ELEKTRA technology.” Concluded Mr. Kyte, “It is clear that we are traveling in the correct circles that serve our country, collectively as we serve this Company and its shareholders.”
About Save The World Air, Inc.
Save The World Air, Inc. develops and licenses patented and patent pending flux field pollution control and performance improvement technologies, including the ELEKTRA, ZEFS and MKIV, which have been scientifically tested and proven to significantly reduce harmful exhaust emissions, improve performance and enhance fuel economy. The products have been engineered to serve as either stand alone pollution control systems or can be used (in conjunction with catalytic converters) to create a more effective total pollution control system that not only reduces harmful emissions, but also decreases greenhouse gases, improves fuel efficiency and boosts performance.
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Safe Harbor Statement
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.
Contact:
Investor Relations Contact:
IRTH Communications, LLC
Mr. Andrew Haag, Managing Partner
+1-866-976-IRTH (4784)
crocker.coulson@ccgir.com
stwa@irthcommunications.com
www.irthcommunications.com
or
Core Consulting Group
Mr. Paul DeRiso, Managing Director
+1-925-465-6088
paul@coreconsultingroup.com
www.coreconsultingroup.com.
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