BAT International's TVT Race Car Sets Track Record Then Captures Second Place On Race Day.Business Editors SAN DIEGO--(BUSINESS WIRE)--Aug. 23, 2001 BAT International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BAAT BAAT British Association of Art Therapists ) announced today that its TVT TVT transmissible venereal tumor. sponsored race car set a new track record during the second qualification run at the Cripple Creek Cripple Creek, village (1990 pop. 584), alt. 9,375 ft (2,858 m), seat of Teller co., central Colo.; inc. 1892. Primarily a summer resort, it was once a gold-mining boomtown. Hill Climb Competition on Saturday, Aug. 18, 2001. The new TVT track record was subsequently broken later that day by a competitor. The TVT race car captured second place on race day and still holds the second fastest time at Cripple Creek. There is only one more race this season in the Colorado Hill Climbing Race Circuit. The TVT race team is confident to again set a new record to finish the season. BAT International began using high performance racing vehicles for engine and alternate fuel research in 1997. The company also utilizes its TVT (Total Vehicle Treatment) sponsored race car to showcase and market its products. The TVT race car uses TVT Anti-Friction Metal Treatment in its lubrication lubrication, introduction of a substance between the contact surfaces of moving parts to reduce friction and to dissipate heat. A lubricant may be oil, grease, graphite, or any substance—gas, liquid, semisolid, or solid—that permits free action of oil to increase power and torque and reduce friction (see press release dated April 4, 2001) and also uses Millennium Fuels' new racing fuel (see press release dated June 11, 2001), which uses an affiliated BAT International product as an octane boosting additive in the fuel. BAT International is a 9-year old holding company with various equity positions in other high technology companies. The company actively supports its affiliate companies through research and development, financial advising, engineering, and marketing programs. BAT International uses its internationally recognized name to attract companies that have promising new technologies and products that BAT International can help develop and bring to market. Forward-looking statements in the release are made pursuant to the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including levels of competition for the company, new products and technology changes, the company's dependence on third-party suppliers and other risks detailed from time to time in the company's periodic filings. |
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