WatchIt Technologies Produces Podcast With Its New Major Investor
ARDEN, NC--(Marketwire -10/20/11)- WatchIt Technologies Inc. (WTCT) (Pinksheets: WTCT.PK - News) announced today that the company has posted a recently produced Podcast on its website featuring Danny Hyde, President of Dbar Leasing. Dbar Leasing and WTCT have recently signed a preliminary capital commitment agreement to hopefully solidify the future growth of the company. We invite all to listen to Mr. Hyde's comments about the company on the Podcast, which can be found on our website www.watchittech.com or by clicking on http://www.watchittech.com/media/WTCT_pod_101911.m4a.
In the Podcast, Danny Hyde comments on his personal first-hand experience with the "Fuel Reformer." He speaks about the potential markets and applications for the product for the future. He also comments on how he sees the possible integration of the "Fuel Reformer" into his existing business and how WTCT is developing new markets for the product moving forward.
"We were very pleased Danny took the time out of his busy day for this Podcast," stated a spokesperson for the Board of Directors. "We believe all investors can see the benefits and potential applications of the 'Fuel Reformer' after hearing what motivated Dbar Leasing initially to commit to a long term funding arrangement with WTCT."
About WatchIt Technologies Inc.:
WatchIt Technologies is an "incubator" for emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns to investors. The company's new, innovative "Fuel Reformer" is a device, with patent-pending technology that alters the molecular structure of petroleum-based fuels immediately before injection into an engine. Once altered, the fuel burns far more efficiently, increasing gas mileage while reducing engine wear and reducing emissions. A separate division of the company, Digital Fusion Television, combines the best cutting-edge technologies to provide businesses with on-demand advertising solutions for retail environments.
Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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