24.09.2008 – 17:20
CVET POWER CORP. Comments on the Increased Need and Applicability of CVET Technology to Provide Highway Mileage Under City Driving Conditions
Toronto, Ontario (euro adhoc) -
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CVET POWER CORP.'s Tom Garay, Vice President of Strategic Marketing explains the application and benefits of Continuously Variable Electronic Transmission (CVET) technology to the new, more efficient gasoline and hybrid powered vehicles. When asked about the application of CVET technology to modern vehicle powertrains, Mr. Garay explained that "CVET POWER CORP. has received many questions regarding CVET technology's capability to provide highway mileage under city driving conditions and how this benefits today's more efficient gasoline and hybrid vehicles." He added that "To provide the answers to questions about the benefits of CVET technology in today's advanced and efficient vehicle powertrains, including hybrid vehicles, we used fuel efficiency studies from the internationally recognized 'Consumer Reports' as our reference." (http://www.consumerreports.org/cro/cars/ new-cars/resource-center/fuel-economy /epa-mileage-figures/fuel-econo my-results/0709_mpg_fer.htm?loginMethod=auto) Mr. Garay pointed out that Consumer Reports published that in comparison to highway driving, fuel efficiency in city driving conditions for gasoline powered vehicles is on the average 50% less than on the highway and 35% less for hybrid vehicles." He further explained that "It is this big difference between the higher fuel consumption in city driving as compared to highway driving that can make CVET technology so beneficial for gasoline powered, hybrid, fuel cell and electric powered vehicles." He continued "CVET technology can increase city driving mileage to that of highway driving." Mr. Garay emphasized that CVET technology can bring real economic advantage to the consumer, saying that "If I were to drive a car in the city equipped with CVET technology, pumping $1's worth of gasoline would give me $2's worth and if I were to drive a hybrid vehicle, pumping $1's worth of gasoline, would give me over $1.30's worth; CVET technology could put significant cash in mine and every driver's pocket!"
<< About CVET POWER CORP. >>
CVET POWER CORP. is commercializing revolutionary new and patented
technology for Continuously Variable Electronic Transmission (CVET) with benefits that have the potential to redefine the transportation industry. CVET has broad application in the vast field of transportation and may be used with conventional internal combustion engine, hybrid, fuel cell and electric powered vehicles.
For additional information, please go to www.cvetpower.com.
Forward Looking Statements
The foregoing press release contains forward-looking statements including
those related to the development of markets, expected business prospects, future market and revenue potential, improvements in technology, customer and supplier relationships, financial prospects; all of which are subject to important risks and uncertainties. Actual results could differ materially from those projected as a result of these risks and should not be relied upon as a prediction of future events. Factors which could cause results or events to differ from current expectations include, but are not limited to, the availability of funding, existing and future relationships with suppliers and customers, the results of commercial and technical development activities, technological risk and uncertainty, general industry and market conditions, availability of qualified personnel, and reliance on industry partners. CVET POWER CORP. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events.
end of announcement euro adhoc
Further inquiry note:
Tom Garay, Vice President of Strategic Marketing, CVET POWER CORP., 1271 Denison
Street, Markham, Ontario, (905) 470-2900 ext. 105
Branche: Industrial Components