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".
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.
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.
Hitor Group Inc.
SOURCE: Hitor Group, Inc.
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