LANGLEY, British Columbia, Feb. 13, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) today announced that Precision Racing Engines of North Vancouver, B.C. Canada, has completed an independent test of NLUB's PMF 2000.
Ron Newton, Co-Owner of Precision Racing Engines stated, "We performed tests on Nitro Lube's PMF2000 oil concentrate on our in-house computerized DTS Dyno. We discovered a significant increase in horse power and Torque when we added Nitro Lube PMF2000 to our 600cu in. test engine. It also decreased the elapse time from the regular test oil from 6 seconds to 5.3 seconds with the added PMF2000. That is a major difference in engine performance. As a result of our testing, we recommend the use of Nitro Lube's PMF2000 concentrate to increase engine performance. We are looking forward to using Nitro Lube in our race engines and OEM engines. Nitro Lube produces a number of other products that we intend to use in our shop and on our equipment."
Jason Rite, CEO of Nitro Lube, Inc. added, "This Computerized Dyno test took two days to complete and the results once again validate Nitro Lube's own findings. We are pleased to work with such a great company as Precision Racing Engines and flattered that this prestigious builder of high-performance race engines recommends and uses our products."
About Precision Racing Engines
Precision Racing Engines (Precision Valve & Crank 1998 Ltd) is a 15-year High Performance Canadian complete machine and engine building shop for top racing cars around the world. Cars that include Monster Trucks, Street & Race Machines and Dragsters. Precision is also an established R & D facility for complete high performance Turning & Milling parts manufacturer.
About Nitro Lube, Inc.
Nitro Lube, Inc. is engaged in the business of manufacturing and worldwide marketing of ultra performance lubricants and fuel conditioners designed to perform in extreme temperatures. All products produced and sold by NLUB contain the revolutionary "PMF 2000" formula. Nitro Lube, Inc. has offices in Langley, BC; Las Vegas, NV; and, Indian Wells, CA. Nitro Lube, Inc. maintains a website at http://www.nitrolube.com.
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Nitro Lube, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.