SaviCorp Awarded 'Innovator of the Year'

SANTA ANA, Calif., Nov. 29, 2011 /PRNewswire/ -- SaviCorp (Pinksheets: SVMI.PK) was awarded "Breakthrough Innovator of the Year" and a "Corporate Excellence Award" during the Asian Business Association of Orange County's (ABAOC) 16th annual Recognition Gala.  This was the first year ABAOC awarded top businesses for their economic contributions both locally and nationally.  

The ABAOC recognized Serge Monros and SaviCorp for leading to the design, development, and marketing of SaviCorp's award winning product the DynoValve®.  DynoValve is the first, and only, electronic positive crankcase valve (PCV) shown to reduce emissions in vehicles by 50% to 90%, with a by-product of reduced maintenance and fuel costs.  It has an executive order from the Air Resources Board of California.

SaviCorp's founder and CEO, Serge Monros, was there to accept the award Nov. 19, at the Magic Ballroom, Disneyland Hotel.  Monros, inventor of the DynoValve®, took a moment to admire the magnificent cut-glass plaque at the podium.  "It's not about me -- it's about my team, and the DynoValve products," said Monros.  According to Monros he was surprised by this honor, and grateful to the Asian Business community, for recognizing SaviCorp's growth in the new economy.  "On behalf of SaviCorp, we'll continue to bring our community, and our nation innovative technologies that will change how we think about our environment, our fuel, and our vehicles."  

This year's event was sponsored by Disneyland Resorts, and featured keynote speaker California Controller, John Chiang.  "Especially during these tough economic times, ABAOC's efforts in promoting business opportunities in Orange County are even more important," Chiang said.  

To view the event pictures, please visit: http://www.savicorp.com/Albums/absoc/aba.aspx

About SaviCorp

SaviCorp (savicorp.com) is an innovative automotive technology company that licenses, manufactures, distributes and services an array of patented technologies and products that reduce harmful emissions and improve fuel efficiency. The Company, an evolution of more than twenty years of automotive engine emissions testing, materials research and development, was formed to create, support and license our patented supplementary vehicle Emissions Reduction Technologies (ERT) to reduce emissions and improve efficiency. Using proprietary methods and processes, the Company's flagship DynoValve system protects the environment, lessens an engine's carbon offsets, increases gas mileage, and improves engine performance resulting in dramatic savings in both fuel and oil.

Forward-Looking Statement Disclosure

Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.

Contact
Serge Monros
SaviCorp
(877) 611-SAVI (7284) ph
[email protected]
http://www.savicorp.com

SOURCE SaviCorp