REDLANDS, Calif., Aug. 13, 2004 (PRIMEZONE) -- United States Crude International Inc. (Pink Sheets:USCI) today announced that it is focusing its energy on marketing its current and future technologies. The new management understands the importance of the current technologies that U.S. Crude International holds the marketing rights to and they believe that the need for the existing oil recovery technology is still strong. With proper marketing U.S. Crude International will be able to move this much needed product to the market. This will be accomplished by first acquiring a new marketing and sales group. The new marketing group will focus on moving units not only through sales but also through joint ventures with operators on qualified leases.
USCI Interim President Thomas Meeks stated that: "I will find the best way to get the oil recovery technology out to the industry. I am confident that focusing on marketing our current technologies will take the U.S. Crude International where we want it to go."
The Company
United States Crude International is an oil-recovery and other energy related technologies company. USCI will market its current technologies. USCI holds the license and the rights to market the TM-96 Steam Generators, the TM-98 Portable Gas System and the TM-9 Deep Steam System. These units, used separately or in conjunction with each other, provide pressure needed to drive oil through a ground formation and improve the free flow of crude oil.
Although major oil companies have used steam and gas technologies for years, the TM technologies provide a portability and low cost of operation not previously available.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act
Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein. Some of the risks and uncertainties may be discussed in the company's most recent report on Form 10-K-SB and subsequently filed SEC reports.