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Press Release
STWA Pursuing Financing
to Bring ELEKTRA™ to Market
Company Working with California Department of Energy grant
programs for the Alternative and Renewable Fuel and Vehicle
Technology Program
SANTA BARBARA, CA – July 15, 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 actively pursuing
multiple funding and financing opportunities, including
newly established government grant programs, to bring
its ELEKTRA product to market.
“With the myriad of newly
introduced grant and funding opportunities, both at the
State and Federal level, it would be a mistake for STWA
to overlook these programs,” stated Mr. Cecil Bond
Kyte, Chairman and CEO of Save The World Air, Inc. “We
have been in direct contact with representatives from
the California Energy Commission in regards to their Alternative
and Renewable Fuel and Vehicle Technology Program. Our
staff began the process of reviewing the program and speaking
with representatives about how STWA could participate.
We will continue to actively pursue this non-dilutive
potential funding mechanism, as it represents a unique
opportunity to get our products to market while minimizing
the impact on our stakeholders. To that point, one of
my main goals is to protect shareholder value and investigate
the options that will get us to where we want to go while
retaining the value that has been built up within this
company.”
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
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