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24.09.2008 – 17:20

CVET Power Corp.

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) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
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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
ISIN:
WKN: -