InvestorsHub Logo
Followers 8
Posts 1383
Boards Moderated 0
Alias Born 07/19/2006

Re: None

Tuesday, 04/21/2009 8:58:00 AM

Tuesday, April 21, 2009 8:58:00 AM

Post# of 949
News Out!!!

Centriforce Technology: Desalination Demand Set to Explode

Centriforce Technology Corp. (Pink Sheets: CNFO): Water shortages are spreading worldwide as Australia, Asia, India, Africa, the Middle East, the USA and many other regions face serious shortfalls for fresh water. In spite of its historically high cost, 12,000 desalination plants have been built in 120 countries, according to the National Resource Defense Council. Experts expect the world market for desalination to explode in coming years as new technologies, such as those developed by Centriforce, offer economical water solutions to thirsty nations.

California: California has declared a statewide drought emergency. Many of the state’s reservoirs are down to 50% of target levels. California agriculture has been hit hard – this $35 billion industry is at risk of total extinction, according to Energy Secretary Steven Chu. Los Angeles gets most of its water from the 100-year old California aqueduct which brings the water hundreds of miles from the Sierras.

Moving and managing water in California uses 19% of all the state’s electricity and 30% of its natural gas. Desalination plants are now being built in California and more will be needed quickly. CNFO’s answer is economical, efficient and scalable.

Middle East: Desalination was developed in Israel and the Middle East to meet water shortages as populations grew. That trend continues as water becomes a strategic security issue for many nations. For example, Iraq depends almost entirely on rivers coming out of Turkey and Iran for its water supply. As these nations divert more water to meet their own needs, less and less water will reach Iraq. The Palestinians in Gaza have almost no water infrastructure and currently must depend on Israel for water. Desalination technology, such as that being developed by CNFO, is the best solution.

Asia: Asia faces “severe” water problems, according to the Asia Society Leadership Group. As the biggest and most populous continent in the world, Asia has less fresh water per capita than any other continent. One out of five people does not have access to clean, fresh water. China’s over-use of water reserves, India’s conflict with Pakistan over water resources and Indonesia’s widespread waterborne diseases all must be addressed soon to avoid political conflict in the region. Massive new infrastructure and desalination plants will be needed quickly to maintain equilibrium in the region.

Africa: Africa’s deserts continue to grow, its water resources grow more and more polluted and political instability prevents consistent water management policies. In short, Africa faces critical water shortages that drive population migration and conflict between peoples. Africa needs increased desalination infrastructure immediately to meet the needs of hundreds of millions of people who struggle to live without fresh water. Centriforce provides low-cost, efficient technology that answers these needs.

For more information, visit Centriforce’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," "anticipates" 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.


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

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=22044463&topic=CNFO&symbology=null&cp=off

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.