ARDEN, NC--(Marketwire - November 29, 2010) - WatchIt Technologies Inc. (
"The successful integration of the Ecologix device and software in our test vehicle accomplishes two major goals. The first is that we are now monitoring the vehicle remotely and collecting data in real time," stated Dr. Max Bennett, President and CEO of WatchIt Technologies Inc. "The second is that we have set a goal and successfully accomplished it ahead of schedule. Our hope is that we can demonstrate to our shareholders and the market that we are serious about elevating the company to new and higher levels of performance."
According to the company, the software and hardware integration will assist them in more accurately collecting data that will make the Air Pure "fuel reformer" a viable technology that can be marketed to a variety of markets. Markets that are under consideration are agriculture, marine, trucking, automobile and military to name a few. The company is currently finalizing its plans for a diesel version of the Fuel reformer that will be relevant in many of the potential markets.
In an unrelated matter, the company has also announced that it can be followed on Twitter (http://twitter.com/watchittech). The company invites its shareholders, both current and potential, to sign up for WatchIt Technologies Twitter account and learn about current happenings and pertinent information on the company and other "Green Technologies." As of November 26, 2010, the company's tweets show up on the website in real time.
WatchIt Technologies is actively seeking companies that have the attributes of being highly innovative and "first in" within their respective sector. Most companies partnering with WatchIt Technologies will have already completed their initial R&D and will need management consultation and financial assistance to move to the next level of success and profitability.
About WatchIt Technologies Inc.:
WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology."
It will offer management consultation to companies that meet its strict criteria and vetting process, and align those companies with individuals and financiers to help them achieve their financial goals and objectives.
Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact Information:
Contact:
Investor Relations
1-828-483-4131
Website: http://www.watchittech.com
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