Cal-Bay International Receives Green Light for Development of Five West Coast Commercial Vehicle Hybridization Installation Centers.HENDERSON, Nev. -- Cal-Bay International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CBAY) today announced the company has received a green light for the development of five West Coast commercial vehicle hybridization hybridization /hy·brid·iza·tion/ (hi?brid-i-za´shun) 1. crossbreeding; the act or process of producing hybrids. 2. molecular hybridization 3. installation centers. CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. today announced the "green light" for the construction of the centers from the CA-based hybridization company, who informed CBI that they have secured the first hybridization retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in agreement with an established California trucking company. The fleet of 150 big rig vehicles is for long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. transportation services covering over 600,000,000 miles annually. The trucking company specified the contract is for the installation of the "Hydrogen Fuel Assist" (HFA HFA Harvard Film Archive (Harvard University) HFA Harry Fox Agency, Inc. HFA Housing Finance Agency (District of Columbia government) HFA Hyogo Framework for Action HFA High-Functioning Autism ) equipment on the entire fleet of big rig vehicles. Melinda Rice, Acting President for CBI, stated: "We have been working with the hybridization company for several months on this project, and it is now coming to fruition. CBI will immediately begin locating appropriate CA, AZ & NV locations for the installation centers. The geographic locations are based on the requirements submitted by the 'HFA' company, who specified their goal is to have at least two Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, centers fully operational before the end of 2008. The 'HFA' company is currently in negotiations with other fleet operators who have shown a definite interest in the hybridization retrofit equipment. At this time, CBI-approved construction of the hybridization centers is specifically for the installation of commercial vehicle diesel engine retrofit conversion units." The hybridization company further maintains using their Hydrogen Fuel Assist conversion units and additive program, which does not infringe the manufacturer's warranty, and effectively adds a bonding solution to the instrumental moving engine components proclaiming longer engine life. The company further claims the use of the "HFA" products can also reduce emissions in excess of 40% over conventional diesel fuel. Test data results for this information is not currently available due to continued Research & Development for eventual submission for EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. approval. FORWARD-LOOKING 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. STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release. |
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