Patriot Energy Corporation Taps Into $225 Billion Dollar Market
MONTREAL, CANADA -- (Marketwire) -- 01/30/09 -- Patriot Energy Corporation (PINK SHEETS: PGYC) is excited for the opportunity to capture a significant percentage of the $225 billion dollar market with the distribution of the H2O Oxygenator System.
Tectane Technologies' Business Plan highlights that presently, there are approximately 450 million vehicles in circulation globally. With the average American household owning 1.9 vehicles, The United States of America has the largest vehicle market in the world. As a result, there are a total of 204 million vehicles in the United States of America. Based on a US$500 retail price, the total global market has the potential for a $225 billion retail value for the H2O Oxygenator System.
Patriot Energy Corporation will market Tectane Technologies' global warming solutions, including but not limited to, the patented AQUAHOL Fuel and Fuel Systems enabling the injection of water and ethanol into conventional automobile engines.
"With characteristics such as; flexibility and compatibility with all other technologies including gasoline, ethanol and hybrid cars; the least expensive system at a retail cost of US$500; applicable to any vehicle, including marine engines; efficient to increase mpg by 25% or more; and effective to reduce CO2 emissions by 25% or more, the H2O Oxygenator System has the potential to become the leading solution as an alternative fuel technology", said Tony Bisante, President and CEO of Patriot Energy Corporation.
For more information on TECTANE and its Technologies, please visit the company's website at www.tectane.com and view the documentary on the company and its technologies.
www.teltecksolutions.com
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A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contacts:
Momentum IR
Maxence Gagne-Godbout
