FORT LAUDERDALE: Enviro Voraxial Technology, Inc. (OTCBB: EVTN) was featured on the CNBC Television Show "Power Lunch," June 7 with Tyler Mathison, Michelle Cabrera and Sue Herera. The show presented EVTN as an example of private sector American entrepreneurial spirit, developing effective solutions to control and clean major oil spills.
During the show it was announced that British Petroleum (BP) notified EVTN that it is reviewing EVTN's Voraxial Separator technology for possible application to its oil spill response program.
Mr. John A. Di Bella provided examples of the huge volumes of oil-contaminated sea water that could be processed by EVTN's patented Voraxial Separator, as compared to the average oil recovery reported for the entire deployed Gulf fleet since the beginning of the Deepwater Horizon disaster. A single Voraxial 4000 Separator, EVTN's medium size model, can separate over 700,000 gallons of oil/water mixture per day. EVTN's largest model, the Voraxial 8000 Separator can separate over 5 million gallons of oil/water mixture per day. According to Deepwater Horizon's website, as of June 8, 2010 a total of approximately 16 million gallons of oil/water mixture has been collected since the spill began in April.
"The Voraxial Separator's unique characteristics allow the technology to be used in various industries for many different applications, including oil spill recovery. The Voraxial Separator is ideal for oil spill recovery and we are pursuing a number of opportunities to deploy our units to the Gulf," stated John A. Di Bella, COO of EVTN.
"The Voraxial offers one of the best solutions to mitigate this crisis as we can significantly increase the amount of oil/water mixture processed and quickly separate the oil from the captured mixture."
About EVTN: Enviro Voraxial Technology, Inc. (OTCBB "EVTN") is a Fort Lauderdale, Florida-based CleanTech company that developed and manufactures the Voraxial, arguably the world's most efficient technology for high volume, bulk separation of fluids such as oil and water.
The Voraxial Separator is a scalable cost-effective, mechanical separator that separates contaminants at high volumes with less space, energy and weight than conventional equipment. The Voraxial Separator benefits include: high volume/small footprint, no pressure drop requirement, 2-way or 3 way separation, handles fluctuations in flow rate and oil concentration without any adjustments, high "g" force and less maintenance than conventional equipment. These benefits result in significant acquisition and operating cost savings to the customer.
The separation market encompasses a series of multi-billion dollar segments, spread globally across many industries and applications. Including: oil & gas exploration and production, mining, environmental, clean water, waste treatment, bio-fuel refining, remediation and much more. EVTN was originally founded as a high precision aerospace manufacturer that built the gyro platforms for the Hubble space telescope as well as missile and satellite components. The Voraxial is now successfully commercialized with world class customers and is the exclusive focus of EVTN's business. EVTN owns significant IP surrounding the Voraxial.
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.