EVTN Expanding Global Presence; Exhibiting at World's Foremost Offshore Technology Event
FORT LAUDERDALE, Fla., April 26 /PRNewswire-FirstCall/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that the Company will demonstrate its Voraxial® Separator at the Offshore Technology Conference (OTC 2010) on May 3 - May 6 in Houston, Texas. OTC is the world's foremost event for the development of offshore energy resources in the fields of drilling, exploration, production and environmental protection. For more information, visit www.otcnet.org.
EVTN is rapidly expanding its international focus, and recently increased the company's level of representation in the Middle East and Australia. Negotiations are currently in process for dozens of Voraxial applications around the globe with potential customers ranking among the world's largest companies. Should even a few of the pending orders materialize as expected, EVTN will see a substantial increase in sales across the balance of 2010. In many cases these initial orders will mark the beginning of an approved vendor relationship with significant potential for reoccurring revenue.
The four day OTC event will allow EVTN to meet with new and existing customers from major oil and gas industry companies from around the globe. The EVTN Exhibit will allow customers to observe the unique, patented Voraxial separation process for oil and water. Oil / water Separation is a critical process in offshore oil production. No other high volume, bulk separation technology available to the industry approaches the performance efficiency of EVTN's Voraxial Technology. The Voraxial processes high volume fluids with a comparatively smaller footprint, less energy usage and lower maintenance requirement than conventional separation equipment. This allows operators to reduce the cost, time and space required to treat its fluid streams. These are critical factors on oil platforms, which represent some of the most expensive real estate on earth. The unique design of the Voraxial enables it to provide effective separation during fluctuations in flow rate and inlet oil or sand concentrations without any modifications. Further, and most importantly, the Voraxial is the only high volume separator that can do this without a pressure drop. These features increase the ease of operation. The Voraxial has already been utilized by the oil industry for processing produced water (offshore and onshore), deckwater drainage, liquid/solid separation, and tar sands applications.
The Voraxial® 2000 Produced Water Skid is a compact, high-volume system that allows operators to achieve the most stringent discharge levels protocols including OSPAR (North Sea countries <30mg/ltr) and United States 40 CFR435 (<29 mg/ltr). The Skid operates with nominal pressure drop and minimal installed space, critical elements for the offshore market.
EVTN will also display the Voraxial 4000 Separator and the Voraxial 8000 Separator. The Voraxial is capable of separating liquid/liquid, liquid/solid or liquid/liquid/solid fluid streams without any pressure loss. The Voraxial 4000 generates 2000 "G" Force, and can handle flow rates ranging from 100-500GPM. EVTN will also showcase its Voraxial 2000 Separator (flows ranging from 20-60GPM), and Voraxial 8000 Separator (flows ranging from 1000-4000GPM).
About EVTN: Enviro Voraxial Technology, Inc. (OTCBB "EVTN") is a Fort Lauderdale, Florida based CleanTech company that developed and manufactures the Voraxial Separator, a separation technology that is a core process in many sectors including: oil & gas exploration and production, mining, environmental, clean water, waste treatment, bio-fuel refining, remediation and much more.
The Voraxial® Separator is a cost-effective, mechanic separator that separates contaminants at high volumes with less space, energy and weight than conventional equipment. The Voraxial Separator benefits include: high volume/small footprint, no pressure drop requirement, 2-way or 3 way separation, handles fluctuations in flow rate and oil concentration without any adjustments, high "g" force and less maintenance than conventional equipment. The Voraxial® Separator technology is scaleable and universal in its implementation. These benefits result in significant cost savings to the customer, both acquisition and operating cost.
The separation market encompasses a series of multi-billion dollar segments, spread globally across many industries and applications. EVTN was originally founded as a high precision aerospace manufacturer that built the gyro platforms for the Hubble space telescope as well as missile and satellite components. EVTN re-invested its profits along with equity investors toward the development of the Voraxial® Separator. The Voraxial® is now successfully commercialized and is the exclusive focus of EVTN's business. EVTN owns significant IP surrounding the Voraxial®. EVTN is continuing to develop and market its Voraxial® Separator as stand-alone technology as well as a key component of a turnkey separation system to improve the efficiency of self-contained treatment systems for multiple applications. www.EVTN.com
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial® Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial® Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial® Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial® and its subsidiaries to differ materially from those indicated by such forward-looking statements.
Company web site: http://www.evtn.com
SOURCE Enviro Voraxial Technology, Inc.
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