|
|
Vista International Technologies,
Inc. Provides Update for Business Development in Mexico
DENVER, Jan. 8 /PRNewswire-FirstCall/¡ªVista
International Technologies (OTC Bulletin Board: VVIT) is
privileged to provide its investors with an update on its international
project development portfolio in Mexico. These projects are part of the
larger global development plan which has been enacted by the new
management of VVIT, in conjunction with its parent company, Vista
International, Inc. The Congress of the State of Jalisco in Mexico,
which includes Guadalajara City, has signed a Letter of Intent for a
project that would process 5.7 million used tires per year using VVIT¡¯s
Thermal Gasifier technology. The objective of this project is to produce
electricity and other useful byproducts (carbon black, fuel alcohols)
from the discarded tires. In addition, the company has been presented
with another project near Guadalajara City to process 2800 tons per day
of municipal solid waste with its thermal gasification technology, again
yielding clean energy and usable byproducts, and reducing the amount of
waste accumulating in the city¡¯s landfills.
Deputy General Luis Alejandro Rodriguez
of the Environment, Sustainable Development, and Water Resources
Commission stated ¡°With the State of Jalisco¡¯s ¡®Zero Emissions Program¡¯
we are committed to promoting Green Energy within the State of Jalisco
and all across Mexico ... We are very committed to working with Vista
International, Inc. and Vista International Technologies to develop a
first class, state of the art waste-to-energy project in the State of
Jalisco.¡± VVIT management has maintained a dialogue with Ing Raul Huerta
Romero, Coordinator of Environmental Programs of the State Congress of
Jalisco, and expects to advance the status of these projects at meetings
scheduled for late January 2008. Management has also had discussions
with representatives from an area near Mexico City to help the city
reduce its municipal waste output. Plans are being developed for a
project which would use the Thermal Gasifier to process over 10,000 tons
per day of waste from various waste streams (landfills, tequila plant
waste, etc). The output of the gasification process will assist these
communities in Mexico in reducing their dependence on fossil fuels and
will help provide electricity to their residents. |
In
accordance with Vista¡¯s mission of ¡°reducing the carbon footprint, one
step at a time,¡± the company has taken a proactive approach to helping
Mexico deal with the accumulation of various wastes in the country, and
looks forward to helping other entities produce clean and renewable
energy through the use of the combined technologies of VVIT and its
parent company, Vista International, Inc.
Statements in this press release other
than historical facts are ¡°forward-looking¡± statements within the
meaning of section 27A of the Securities Act of 1933, section 21E of the
Securities Exchange Act of 1934. Since these statements involve risks
and uncertainties and are subject to change at any time, the Company¡¯s
actual results could differ materially from expected results. Future
operating results of the Company are impossible to predict and no
representation, guaranty, or warranty is to be inferred from those
forward-looking statements. Readers are advised to review the
¡°forward-looking statements¡± included in our reports which are filed
with the Securities and Exchange Commission.
SOURCE Vista International Technologies,
Inc.
¡¡ |
| For more information visit
http://www.vistainternational.net or contact
Johan C. Smith, CEO, Timothy A. Peach, CFO, or Barry Kemble, VP Business
Development at 720-222-3032. |
 |
|