FinancialNewsMedia.com

FinancialNewsMedia.com
Professional News Dissemination Services

Tuesday, November 29, 2011

Hitor Group to Introduce New German Oil Cleaning Products - (FinancialNewsMedia Wire)

KIRKLAND, WASHINGTON, Oct 31, 2011 (MARKETWIRE via COMTEX) -- Hitor Group, Inc. (OTCQB: HITR) (the "Company") is pleased to announce with its recent move to Germany, it has signed agreements that will add several products lines which focus on Hitor Groups goal of reducing global reliance on fossil fuels and to eliminate harmful emissions.
The Company will add these products to the independent tests to be conducted in Montreal, Quebec at the CAD Railroad Industries Ltd. locomotive test facility. The new products will focus on lubricating fluids, cleaning the oil by separating it from water and any contaminants. It works with bio-diesel, engine oil, gear oil, hydraulic oil, bio-oil, and compressor oil, to significantly reduce the need to change oil, saving as much as 90% on the cost of lubricants and decreasing maintenance.

Hitor Group CEO Ken Martin said, "The human race is dumping 22 million tons of CO2 into the oceans every day and much of this comes from cars, boats, trucks, motorcycles, lawnmowers, generators, airplanes that burn fossil fuels. Our goal is to reduce this by as much as 50% in engines that use these fossil fuels. One of the most dramatic and advancing results of CO2 is acidification of our oceans which has increased by 30% in the last 240 years. It has been estimated within 50 years shell fish, and coral will be extinct. This food source will affect fish higher in the food chain and within 100 to 200 years the oceans will be void of life, just like the Acid European lake example. Our generation will not see the repercussion, but our children and their children will. Acidification of our oceans may not be reversible but we must endeavor to pursue a remedy. Last year's oil spill in the Gulf of Mexico is a microcosm of this acidification process, and look what this does to the environment and the economy in the immediate vicinity".

About Nano-Jet:

Nano-Jet Corporation, a wholly owned subsidiary of Hitor Group, Inc. (HITR), is the sole owner and producer of the patented Nano-Jet line of magnetic fuel performance enhancing Modules. Nano-Jet offers the most highly refined and effective fuel performance enhancement technology available in the market today. Nano-Jet's proprietary design breaks down the molecular clusters which naturally exist in the fuel into single molecules and polarizes those molecules to enable a more complete combustion of the fuel/air mix. Extensive testing of the line of Nano-Jet models on a variety of gasoline and diesel engines has conclusively proven that fuel treated by these fuel performance optimizing devices produces measurably more power, increases fuel economy by an average of 5% or more and reduces toxic exhaust emissions 30% or more.

The Nano-Jet Fuel Module is suitable for use with a wide variety of internal combustion power plants from the smallest single cylinder gasoline engine to diesel railroad locomotives and marine diesels.

To learn more about The Hitor Group, please visit our website at www.hitorgroup.com.

Disclaimer

Any statements that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our most recent Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations.


Contacts:
Hitor Group Inc.
Investor Relations
info@hitorgroup.com
www.hitorgroup.com

SOURCE: Hitor Group, Inc.
_________________________________________________
DISCLAIMER
FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed for Hitor Group, Inc. (OTCQB: HITR), FNMG has NOT been compensated. FNMG HOLDS NO SHARES OF Hitor Group, Inc. (OTCQB: HITR).

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

No comments:

Post a Comment