REDLANDS, Calif., Aug. 11, 2004 (PRIMEZONE) -- United States Crude International Inc. (Pink Sheets:USCI) today announced the appointment of Thomas Meeks as Interim President of U.S. Crude International and the resignation of Anthony Miller as President of U.S. Crude International. Thomas Meeks, who has served as a Director of U.S. Crude International as well as the Director Of Engineering, has been instrumental in the establishment of the company since its inception. Mr. Meeks is a pioneer in the field of portable steam and gas technology and has been awarded patents in over 100 countries around the world. Thomas Meeks will hold this position until a permanent president is appointed by the board. Former president, Anthony Miller, was asked to step down as President and as a Director of U.S. Crude International by the Board of Directors. Effective July 16, 2004. Mr. Miller will no longer represent United States Crude International Inc. as President or Director.
USCI Interim President Tom Meeks stated that: "It is an honor to serve as U.S. Crude International's president. I understand the challenge that lies ahead in taking advantage of USCI's strengths as a company, especially in the area of marketing our technology. In addition to fulfilling my role as president of the company, I will make it a priority to open communication and improve access to information for investors and customers."
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.