|
Press Release
STWA Provides Business
Development and Milestone Update
Highlights Include Key Developments in Commercialization
of Company's Proprietary Energy Efficiency and Air Quality
Technologies
SANTA BARBARA, CA--(Marketwire - June
23, 2009) - Save the World Air, Inc. (OTCBB: ZERO), an
innovative pioneer in the clean technology industry focused
on energy efficiency and air quality issues, is pleased
to provide an overview of developments and milestone achievements
over the past six months. This is a summary of these developments;
more information about STWA and its technologies that
improve energy efficiency and air quality can be reviewed
at the company's website www.stwa.com or through its public
filings at www.edgar.org.
"The Company has worked diligently
to position itself as a leading player in the multi-billion
dollar energy efficiency market with its technologies,"
stated Mr. Cecil Bond Kyte, Chairman and CEO of Save The
World Air, Inc. "The milestones we have achieved
over the past six months show how we plan to address this
market, and how we see the market developing in the state
of California and nationally under the Obama Administration."
Recently achieved milestones, in chronological
order:
- The Company highlighted how
its products could support truck
owner/operators in regards to the recent passage in
California of the
nation's toughest regulations to cut diesel pollution
from over the road
trucks. This legislation is set to slash greenhouse
gases and fight global
warming
- The Company announced the addition
of respected electrical engineer
Dr. Luke Turgeon, PhD, P.E., formerly with AT&T
Bell Labs
- Company redefined its licensing agreement
with Temple University --
initial payment completed under extended 'cure' period
- ELEKTRA™ receives nationwide
media coverage -- highlighted in
Popular Science
- Company names new Chief Executive
Officer, Mr. Cecil Bond Kyte
- MagChargR™ receives California
Air Resource Board (CARB) approval
-- California standard recognized at national level,
clearing product for
sale in all 50 States
- Company receives an initial Order
for Its MagChargR Product
- "Go to market" strategy
developed for MagChargR and ELEKTRA products
- Company enters into agreement for
marketing its ELEKTRA technology to
tractor trailer truck and other heavy diesel truck operators.
Agreement
identifies 5 named account fleets totaling 41,000 trucks.
Agreement also
covers one of North America's largest employee unions,
with nearly 1,900
affiliates and 1.4 million members throughout the U.S.,
Canada and Puerto
Rico
- STWA receives Senate Resolution from
the Honorable Tony Strickland of
California District 19 -- presented to company at its
newly relocated Santa
Barbara offices
- Company enters into NDA with PERA
Innovation Limited, a leading UK-
based business support organization, which maintains
relationships with
more than 350 global multi-national companies, regarding
oil pipeline
technology
- Temple University report verifies
benefits of applying STWA's ELEKTRA
technology for reducing the viscosity of crude oil.
Technology could
reduce the cost of oil extraction and transportation
"The current administration,
both nationally and at our state level in California, has
set the environmental compliance bar very high. This is
something that was lacking in the previous administration's
policies, and it is serving as a catalyst that is driving
increased interest in STWA and its technology," continued
Mr. Kyte. "When I first got involved with this company
as an investor I was convinced that the technology was something
that could address a very serious problem. For the first
time since my involvement I can clearly see the vision unfolding
and the results of many years of hard work from supportive
shareholders, to effective management and consultants."
"Next on our agenda is
to finish final testing of the ELEKTRA so that we can
get a product into production as soon as possible. We
understand the importance of getting this product to market.
We are convinced the ELEKTRA will deliver savings in fuel
costs and a reduction in emissions; now it's about meeting
and exceeding our customers' expectations of the product
and our investors' expectations for this company,"
concluded Mr. Kyte.
About
Save The World Air, Inc.
Save The World Air, Inc. develops and licenses patented
and patent pending flux field pollution control and performance
improvement technologies, including the ELEKTRA, ZEFS
and MKIV, which have been scientifically tested and proven
to significantly reduce harmful exhaust emissions, improve
performance and enhance fuel economy. The products have
been engineered to serve as either stand alone pollution
control systems or can be used (in conjunction with catalytic
converters) to create a more effective total pollution
control system that not only reduces harmful emissions,
but also decreases greenhouse gases, improves fuel efficiency
and boosts performance.
More information including a company Fact Sheet, logos
and media articles are available at: http://www.irthcommunications.com/clients_ZERO.php,
and at:
http://www.magchargr.com,
Follow STWA on Twitter: http://www.twitter.com/stwainc
Follow STWA on Facebook: http://www.facebook.com/group.php?gid=50849493541
Safe Harbor Statement
This press release contains information that constitutes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform
Act of 1995. Any such forward-looking statements involve
risks and uncertainties that could cause actual results
to differ materially from any future results described
within the forward-looking statements. Risk factors that
could contribute to such differences include those matters
more fully disclosed in the Company's reports filed with
the Securities and Exchange Commission. The forward-looking
information provided herein represents the Company's estimates
as of the date of the press release, and subsequent events
and developments may cause the Company's estimates to
change. The Company specifically disclaims any obligation
to update the forward-looking information in the future.
Therefore, this forward-looking information should not
be relied upon as representing the Company's estimates
of its future financial performance as of any date subsequent
to the date of this press release.
IRTH Communications, LLC
Mark B. Moline
Managing Partner
760-458-4899
http://www.irthcommunications.com
http://www.twitter.com/irthcomm
Save The World Air, Inc.
Charles R. Blum
President
323-932-7040
|

STWA's
MagChargR(TM) Receiving Rave Reviews
Marketwire(Tue, Aug 04)
US
EPA Continues to Propose and Recommend Stronger Air Quality Standards
Marketwire(Wed, Jul 22)
STWA
Pursuing Financing to Bring ELEKTRA(TM) to Market
Marketwire(Wed, Jul 15)
STWA's
ELEKTRA(TM) in use at California-Based Trucking Company on Over-the-Road Trucks
Marketwire(Thu, Jul 09)
House
approves the 'American Clean Energy and Security Act of 2009,' the most sweeping
energy reform package in decades
Marketwire(Tue, Jun 30)
STWA
Provides Business Development and Milestone Update
Marketwire(Tue, Jun 23)
STWA
to present at RMA Capital West Conference
Marketwire(Tue, Jun 09)
The
Wall Street Transcript Interviews STWA. Inc.
Marketwire(Wed, Jun 03)
STWA's
ELEKTRA(TM) and MagChargR(TM) Cost-Effectively Address Proposed New Fuel and
Emission Standards
Marketwire(Tue, May 19)
STWA's
Move to Santa Barbara Provides Opportunity to Become a Leader in the Central
Coast Clean Technology Initiative
Marketwire(Tue, May 19)
STWA
Releases Results for the Quarter Ended March 31, 2009
Marketwire(Fri, May 15)
STWA
Reschedules Event Due to Santa Barbara Fires
Marketwire(Fri, May 8)
Temple
University Report Verifies Benefits of Applying STWA's ELEKTRA(TM) Technology
for Reducing the Viscosity of Crude Oil
Marketwire(Tue, Apr 29)
STWA
Enters Into Agreement With Pera Innovation Limited
Marketwire(Tue, Apr 28)
California
Senate Honors STWA with Resolution
Marketwire(Mon, Apr 27)
STWA
Enters Into Agreement for Marketing Its ELEKTRA(TM) Technology to Tractor-Trailer
Truck and Other Heavy Diesel Truck Operators
Marketwire(Tue, Mar 24)
STWA
Developing 'Go to Market' Strategy for Products
Marketwire(Tue, Mar 17)
STWA
Announces Annual Meeting of Shareholders
Marketwire(Thu, Mar 12)
STWA
ELEKTRA(TM) Product to Address Diesel Truck Market
Marketwire(Tue, Mar 10)
STWA MagChargR(TM) 'Go to Market' Strategy Ready
Marketwire(Wed, Mar 04)
STWA
MagChargR(TM) Available for Purchase on Magnumforce.com
Marketwire(Tue, Mar 03)
STWA MagChargR(TM) Receives
California Air Resources Board Executive Order Approval
Marketwire(Tue, Feb 24)
STWA
Appoints Cecil Bond Kyte Chief Executive Officer
Marketwire(Thu, Jan 29)
STWA
Completes First Installment Payment to Temple University
Marketwire(Wed, Jan 28)
STWA's
Technology Highlighted in Popular Science Magazine
Marketwire(Wed, Jan 21)
Temple
University Extends Cure Period for Licensing Agreements Between the University
and STWA
Marketwire(Thu, Jan 15)
STWA
in Discussions With Temple University to Redefine Licensing Agreement and Further
Secure Technology Rights
Marketwire(Tue, Jan 6)
Respected
Electrical Engineer Luke Turgeon, PhD, P.E. Joins STWA
Marketwire(Tue, Dec 30)
|