March 7, 2013
Enviro Voraxial Technology, Inc. (OTCBB:EVTN)-- is pleased to announce that it has been chosen as a finalist in THREE separate regions, the Rocky Mountains, Northeast and Gulf Coast, as "Manufacturer of the Year" by the Oil & Gas Awards.
"The Oil & Gas Awards recognize the outstanding achievements made within the Upstream and Midstream sectors of the Oil & Gas Industry. The Awards are a platform for the Industry to demonstrate and celebrate the advances made in the key areas of environmental stewardship, efficiency, innovation, corporate social responsibility and health & safety.
Through innovation, the Industry has driven forward technological developments, which have created a renaissance in the energy sector, enabling the U.S. to tap into one of the world's largest natural gas reserves." - Reference from the Oil & Gas Awards website.
The Voraxial® offers the oil and gas industry many engineering benefits including high quality separation with an ease of installation and operation, and economical benefits, specifically cost savings from the acquisition, installation, operation and maintenance of the equipment. Since the Voraxial® is compact, and energy efficient, complete turnkey systems can be supplied to treat a variety of fluid streams to reduce the customers treatment cost and increase the separation efficiency.
Without creating a pressure loss, the Voraxial® provides for quality separation while decreasing the amount of space, energy and weight to conduct the separation - all of which are precious commodities in a variety of markets, especially the oil and gas industry. These Separators have been deployed in various sectors of the oil and gas industry including offshore platforms, FPSO, refinery and production facilities, oil spill and tar sands, among others.
"We are truly honored to have been recognized once again as an established manufacturer of a superior technology. The Voraxial® Separator is designed to resolve the challenges that currently exist within the oil & gas industry. Our business is growing in the oil & gas realm and we feel that we have only scratched the surface of our true potential in the market", stated John A. DiBella, CEO of EVTN.
EVTN was selected by a jury that included experts from corporations such as Anadarko Petroleum, Swan Energy, Stonehenge Energy Resources, Breitling Oil and Gas, National Fuel Gas Midstream Corporation, CONSOL Energy, Austin Exploration, EP Energy, Tradition Midstream, M3 Midstream, Epsilon Energy, Kriebel Companies, Fidelity Exploration & Production Company, Gasco Energy, Monarch Natural Gas, Stanley Brownell, Millennium Pipeline and Marathon Corporation.
The winners for each category will be announced at their respective region's awards ceremony in March, specifically March 12th in Denver for the Rocky Mountains Awards, March 14th in Pittsburgh at the Northeast Awards and March 20th in Houston at the Gulf Coast Awards.
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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.
Vice President of Marketing and
Safe Harbor Disclosure -- This 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.
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The Voraxial®, combined with other equipment - below - is a compact turnkey solution installed on an offshore FPSO. The Voraxial® is separating oil and sand at a rate of up to 15,000 barrels/ day with a discharge of <10ppm and without a pressure loss. Fluid pressure is approximately 150psi. The customer can not afford to lose any fluid pressure in completing the separation.
The Voraxial® 4000 Separator above processes up to 17,000 barrels per day separating solids and oil. The Voraxial® is installed via a flange connection within the customers' existing pipeline. The fluid pressure is approximately 20-35psi.
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