CTi and Desmet Ballestra -- Commercialization Nano Neutralization™ Technology
LOS ANGELES, Nov. 11, 2010 /PRNewswire/ -- CTi (OTC Bulletin Board: CVAT & Frankfurt/Berlin/Stuttgart: WTC); Following successful pilot installations of CTi Nano Neutralization™ Technology in the USA, CTi and Desmet Ballestra have taken the next step in worldwide commercialization of CTi Nano Neutralization™ technology in the edible oils industry.
This past week, Tim Kemper, President and CEO of Desmet Ballestra North America, led a 3-day technical training session to prepare the Desmet Ballestra team for global commercialization of CTi Nano Neutralization™ technology in the edible oils industry. Engineers John Weston and Naseer Ahmed from Desmet Ballestra North America joined the global commercial team of Serge Alles (North America), Gabriel Alonso (South America) and Clive Brooksbank (Europe) in the training. Kirk Wiggins, CTi's Director of Sales and Business Development, was also present.
About CTi
CTi (OTCBB: CVAT; Frankfurt, Berlin & Stuttgart: WTC) is a technology research, development and technology company engaged primarily in the development of environmentally clean Nano Reactor™ technologies and liquid process applications and solutions in various fields and industries, including vegetable oil processing and refining; renewable fuels; petroleum refining and petrochemicals; water and wastewater treatment; and the food and beverage industries.
This press release contains forward-looking statements, including without limitation those about the Company's business, plans and strategies. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of business, economic and competitive market conditions; business decisions by suppliers, licensees and customers concerning the Company's technologies and products; the Company's ability to develop new or additional technologies, applications and processes in various fields and industries and to stimulate customer demand for its technologies and products; the size and growth of markets for the Company's technologies and products; the Company's ability to implement licensing and marketing strategies, including execution of revenue generation strategies and models; the continued availability of essential components and services that are currently obtained from sole or limited sources; the Company's ability to protect its intellectual property in international markets; the success of patent licensing and marketing strategies and objectives; the success of business relationships with licensees, partners, suppliers and customers; the timing and successful completion of research & development projects, whether existing or new patent applications will be granted; the potential for infringement of the Company's intellectual property by others, and the timely completion of acquisitions; the ability of the Company to fund its capital requirements; and its ability to attract and retain key personnel.
Additional information on potential factors that could affect the Company's performance or financial results is included from time to time in the Company's public reports filed with the SEC. The Company assumes no obligation to revise or update any forward-looking statements or information, which are effective or apply only as of their respective dates of publication.
References to CTi, the CTi logo, Nano Reactor™ system, Nano Reactors™, Nano Neutralization™ and other terms that describe the Company's technologies, applications, processes and products are trademarks of the Company. Other company and product names may be trademarks of their respective owners.
SOURCE CTi
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