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Wednesday, 02/04/2009 12:07:56 AM

Wednesday, February 04, 2009 12:07:56 AM

Post# of 137480
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CNFO bounce candidate:

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CNFO Expands Technology to Clean Water From Tar Sands

Last update: 6:00 a.m. EST Jan. 29, 2009
MIAMI, Jan 29, 2009 (BUSINESS WIRE) -- Centriforce Technology Corp. (CNFO:
centriforce technology corp announced today that it has been engaged by Premere Resources Corporation to develop a new application of its desalination technology to clean waste water from heavy oil and tar sands processing. Large amounts of brine water are created in the processing of heavy oil. CNFO will adapt its desalination process to clean this waste water so that it may be reused instead of discarded as an environmental waste product.
Forty percent of Canada's oil production is from tar sands. The large amount of salt water produced in this process has become an increasing threat to the environment. CNFO's technology will address this threat by separating the clean water from the pollutants so that the fresh water can be reused. This will reduce the amount of water consumed in production and the amount of environmental waste produced by the process. There is more oil stored in tar sands than in all conventional reserves combined. Production of oil from tar sands is expected to increase significantly in the next several years.
"We look forward to addressing this important environmental issue through the adaptation of our desalination technology to clean waste water from heavy oil production," stated Matthew Schulman, President. "This is a huge industry and we feel this could become a very profitable additional income stream for the Company," he added.
For more information, visit Centriforce Technology's website at http://www.cnfowater.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success.
SOURCE: Centriforce Technology Corp.

Centriforce Technology Corp., Miami
Haim Silber, Corporate Secretary, 305-718-3330
hsilber@cnfowater.com


Copyright Business Wire 2009 End of Story




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