Enviro Voraxial Technology, Inc.
May 10, 2011
Waste Oil Sale and Record 2011 Growth
Enviro Voraxial Technology, Inc.announced today that it has received a purchase order for a Voraxial® 4000 Separator. The Voraxial®, which has already been shipped to the customer, will be used to process and clean reclaimed oil from commercial and industrial use.
EVTN is experiencing record revenue growth as sales of the Voraxial Separator are continuing to increase in 2011 for the Fort Lauderdale based company. EVTN is focusing its marketing efforts in the oil exploration and production market. Last week, EVTN presented its technology at the Offshore Technology Conference in Houston, Texas and met with existing and potential new customers.
Additionally, EVTN is also receiving inquiries and developing sales opportunities from other industrial applications. The unique characteristics of the Voraxial allow it to be utilized either as a stand-alone unit or within an existing system to provide a more efficient and cost effective way to handle the separation needs of the customer..
As the need for effective and cost efficient wastewater treatment and separation technology is global in scale, the use and implementation of the Voraxial continues to expand. Separation processes are largely unknown to the average consumer. These processes are deeply integrated in almost all industrial processes from oil to wastewater to manufacturing..
Virtually every industry requires some type of separation process. This may occur for general clean-up, emergency response, during the manufacturing process, or before discharging the wastewater back into the environment. The Voraxial technology has applications in most, if not all major separation industries.
EVTN’s Voraxial® 4000 Separator will be used to efficiently separate and process the particulates from the reclaimed oil. The current purchase order underscores the use of EVTN’s Voraxial® Separators in multiple and diverse industries, where customers are seeking more efficient and cost effective methods to treat their waste streams. EVTN has already completed projects for produced water, deckwater drainage, mining, stormwater and oil spill applications.
About Enviro Voraxial Technology: EVTN is the developer and manufacturer of the Voraxial® Separator, a unique, patented in-line turbo-separator that provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities and without the need of a pressure drop. The Voraxial provides highly efficient bulk separation while requiring less space, energy and weight than conventional separators processing the same volume. The Voraxial is capable of simultaneously separating up to three components, such as oil, water and sand. The Voraxial® can be used as a stand-alone separator or incorporated with other equipment to provide a complete turnkey solution that allows customers to treat a variety of fluid streams while reducing treatment cost and increasing separation efficiency.
The separation market encompasses a series of multibillion dollar segments, spread globally across many industries and applications. EVTN continues to pursue the oil & gas industry but is also processing proposals from other industries such as mining, food processing, manufacturing and oil spill industries. EVTN owns significant IP surrounding the Voraxial and has new innovations under development. Please see www.evtn.com for additional information.
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial® Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial® Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial® Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial® and its subsidiaries to differ materially from those indicated by such forward-looking statements.