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SARASOTA, FL - MARKET WIRE - 01/26/05 eLocity's stocks to watch for Wednesday are -- Environmental Technologies International, Inc. (OTC: EMTI), Corio Inc. (NASDAQ: CRIO), IBM (NYSE: IBM), Electronic Arts Inc. (NASDAQ: ERTS).
Aggressive stock traders and investors, have a look at Environmental Technologies International, Inc. (OTC: EMTI). Tuesday after the closing bell the company issued a press release announcing that it has appointed Marlene Linders to the Advisory Board of its wholly owned subsidiary, Awe Engineering, Inc. Environmental Technologies noted that the intended use of Awe Engineering's proprietary technology in building heating/cooling, energy and water systems is estimated to exceed many billions of dollars, and is global in scope.
Environmental Technologies added that Linders, President and CEO of Philders Group, brings a wealth of expertise to Awe Engineering, Inc.'s Advisory Board in the areas of Environmental and Occupational epidemiology, Indoor Air Quality and Occupant Health. Linders, a Registered Nurse with an MS, and graduate studies at Harvard University's Graduate School of Architecture and Design, has extensive experience and expertise in the design of high-risk environments such as surgical suites, transplant, teaching and urban hospitals for several level-1 trauma centers, and has taught the effect of Indoor Air and Infection Control on occupant/patient health for AMA, INSTEP, AHCA and AIA. She is also the President and a founding director of the Orlando-Central Florida Chapter of AMIAQ, the American Indoor Air Quality Council National. The company noted that Linders' valued advice to the Board on such issues as maintaining healthy and safe Indoor Air Quality in high-risk environments such as hospitals and in the new construction of those institutional buildings where there are particular problems to be overcome regarding the maintenance of healthy IAQ, will greatly assist Awe Engineering, Inc. management in addressing the enormous opportunities for its AWE Technology in these specialized markets.
Harold Clifford, EMTI president, commented, "We are very fortunate indeed to have a person with Ms. Linders' depth of experience and knowledge in the areas of Indoor Air Quality and hospital/critical facility design and construction as a member our Advisory Board. In her professional capacity, Ms. Linders is widely recognized as a thought leader in her industry. We feel confident that she will prove to be of inestimable value to the company as it proceeds to bring its AWE building HVAC system to the marketplace."
Environmental Technologies International, Inc. (OTC: EMTI) is currently trading at $0.045.
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if you look at around oct. 27th it looked like it does right now, and it bounced and did a double,now its hit bottom again, should bounce off anyday...IMO
Check John Hedges' EMTI back when it was called Dragon Environmental UK, then Aquatek (AQUK). Check Basil Meecham's Dragon Environmental Corp. (DREV, later DRVC after massive dilution and 1000/1 reverse split followed by bankruptcy).
John Hedges was going to use AQUK to operate a buisness in England using Dragon equipment to provide wastewater services. Needless to say it was all hype to pump both stocks. People on the drvc board can tell you more if interested.
What else are Hedges & Meecham into these days? Check the history of now defunct Images of Life (IMLF). Notice the same cast of characters and the same hyped news releases in their new version of the same routine, Southwestern Medical Solutions Inc. (SWNM). Note the nifty shell game to create SWNM http://www.ecureme.com/enews/DB/054804.asp Wonder where this left shareholders of IMLF?
If you were a shareholder of IMLF, AQUK, DREV, DRVC all run by John Hedges or Basil Meecham, how much would your holdings be worth now given subsequent dilution & or bankruptcy?
What state is EMTI incorporated in now that they are no longer in West Virginia? What are the authorized and outstanding shares for EMTI these days? WV corporations site showed 500,000,000 authorized shares. FL corporations site shows SWNM authorized shares are now up to 500,000,000 as well.
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I only find very negative things when researching this company. The management is not to well thought after. A possible look out may be in order.
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Thanks for the info...how legit it all is I don't know, since you got it from RagingBull.com But I am playing this as a bottom bounce play from the looks of the charts its do, not looking to hold longer than a week!
AWE Retrofit Engineering & Design Completed and Building of Prototype Retrofit Unit Commenced Tuesday February 1, 4:05 pm ET
TUCSON, Ariz., Feb. 1, 2005 (PRIMEZONE) -- The management of Environmental Technologies International, Inc. (Pink Sheets:EMTI) is pleased to announce that its subsidiary, Awe Engineering, Inc., has completed the initial engineering and designs for a retrofit AWE HVAC unit applicable for commercial-building mass markets, and that it has begun to build the prototype of this unit. The unit will incorporate improvements in water technology and additional state-of-the-art refinements that are expected to improve upon the already impressive capabilities of the AWE system. Prior to EMTI's acquisition of Awe Engineering, Inc. in 2004, the developer of the technology, Mr. Doug Johnson - now Chief Operating Officer and Director of R & D for Awe Engineering, Inc. - successfully converted two facilities in the State of Florida and demonstrated electrical energy savings in excess of 50% in both conversions while materially improving Air Quality. Simultaneously, this technology has produced and distributed the purest drinking water compared to any and all other types of concepts utilized in improving water for human consumption in today's market. Upon the official market launch, the Company intends to aggressively pursue those specialized markets that require a dependable supply of very-high-purity water, such as hospitals, laboratories, and high-tech manufacturers.
Awe Engineering, Inc. has been working with Pure & Secure LLC (formerly Pure Water Inc.) and its consultants and employees, in pursuit of the perfection and commercialization of the AWE technology.
The AWE Technology
The technology represents a quantum leap over conventional building energy-management systems, offering the potential to dramatically improve the workplace/living environment while capturing significant savings for commercial building owners/operators. Through a retrofit on existing commercial buildings, the system is capable of significantly reducing electrical costs, while also improving air quality and humidity control, and achieving the virtual elimination of mold and mildew in the building. In addition, the system also produces pure water for use by building tenants.
A Potential Multibillion-Dollar Market
The intended use of AWE's proprietary technology in building heating/cooling, energy, and water systems is global in scope, and is estimated to exceed many billions of dollars. In addition, the system also produces pure water for use by building tenants. It is a leading-edge technological advance which, when developed for building-environment control systems, is expected to find broad acceptance owing to the fact that the savings in building maintenance/operations garnered by the system will in fact pay for itself many times over.
In compliance with the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995, EMTI notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, EMTI wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future.
Contact:
Harold J. Clifford 1-520-749-0746 info@emtigroup.com www.emtigroup.com
-------------------------------------------------------------------------------- Source: Environmental Technologies International, Inc.
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