Centriforce Technology Successfully Tests Technology.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Centriforce Technology Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CNFO) announced today the successful testing of its desalination desalination or desalting Removal of dissolved salts from seawater and from the salty waters of inland seas, highly mineralized groundwaters, and municipal wastewaters. vapor-jet technology. This new technology allows the Company to convert salt water into vapor at very low cost. The vapor is then condensed con·dense v. con·densed, con·dens·ing, con·dens·es v.tr. 1. To reduce the volume or compass of. 2. To make more concise; abridge or shorten. 3. Physics a. into fresh water for consumption. The demand for desalination technology is exploding worldwide as water shortages are becoming more prevalent with economic, political and social effects. The new technology under development by Centriforce is designed to reduce the cost of desalination, and therefore, justify the development of more desalination projects worldwide. "Lowering the cost to produce fresh water will enable the widespread construction of desalination plants. We estimate that hundreds of new desalination plants will be needed to alleviate water shortages currently emerging around the world," noted Matthew Schulman, President. "Centriforce expects to become a leader in providing desalination solutions due to its lower energy consumption and lower cost to produce fresh water," he concluded. For more information, visit Centriforce Technology's website at http://www.cnfowater.com. 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 under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. |
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