RESTON, Va., April 21, 2005 (PRIMEZONE) -- Triton Technologies, Inc. ("Triton") (Pink Sheets:TNTG) is pleased to announce that the company has begun trading under the symbol of TNTG.
Triton Technologies is positioned to bring the world clean technology innovations that deliver the in-demand commodities of clean water and clean power. The Company's portfolio of technologies has been extensively field-tested and is now ready for market. Triton's current technology base includes large-scale ethanol production, ultra-pure water production and rechargeable battery manufacturing. Each product division represents years of extensive research and product development.
Through the company's rapid deployment of these technologies into the market, Triton expects to substantially increase the Company's assets and increase shareholder value. The key area of major growth will be in the Company's ethanol production facilities in the United States and United Kingdom. To that end, Triton has formed a business relationship with Starbourn Energy, Inc. of Denver, Colorado to produce ethanol via a unique non-fermentation-based flow-through system that can utilize a variety of alternative fossil-based or waste-sanitary biomass feed stocks to generate high-test ethanol. Through this process each facility can produce high-grade ethanol at a greater volume and at a lower cost per gallon than traditional fermentation-based methods.
Triton has also developed a strategic relationship with a New Zealand company, EQUUS Environmental, to bring to market a unique Vapor Compression Vacuum Distillation (VCVD) technology to produce ultra pure water from any feed water source. This technology is ready for deployment into the international industrial and municipal water treatment markets and will provide a significant revenue stream to Triton.
Triton expects to generate significant revenues from its rechargeable battery manufacturing facilities to be located in the United States and Italy. These facilities will produce NiCd, NiMH and Lithium Ion battery packs that will qualitatively exceed similar products made by any competitor in the world, including large brand name manufacturers. Triton produced batteries are expected to outperform our competitors by achieving near constant voltage discharge rates and a 30% greater life expectancy.
"Our modular-based business model allows for each product division to perform as a very profitable stand-alone enterprise," said Triton CEO Chris Zanardi. "They are all 'clean' technologies that support our mission to produce the in-demand commodities of clean water and clean power. We look forward to bringing these innovative technologies to market and building a strong asset base for our investors."
About Triton Technologies
Based in Reston, Virginia, USA, Triton Technologies is a single source supplier of renewable and clean technologies to the global commercial, industrial, municipal and federal marketplace. The Company's current portfolio of assets includes high-grade ethanol production; ultra-pure drinking (potable) water production; and rechargeable battery manufacturing technologies. Triton plans to grow through the acquisition of distributor, manufacturing and licensing rights to innovative and market-ready clean technologies that will produce significant and profitable revenue streams for the Company. For more information on the Company or the events above please contact Triton Technologies at 703.725.7391 or info@triton-technologies.com
This news release contains forward-looking statements within the meaning of Section 37 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 of the United States. These forward-looking statements involve risks and uncertainties. The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise.