KIRKLAND, WASHINGTON--(Marketwire - Oct. 24, 2011) - Hitor Group, Inc. (OTCQB:HITR) (the "Company") is pleased to announce that the Company's master distributor World Distribution Solutions of North America, LLC (WDSNA) and Energy Solutions have agreed to merge their marketing, sales and distribution resources to better serve the Hitor Group in the distribution of the Nano-Jet technology, in both the railway and trucking industries in North America and Europe. Their new firm will incorporate both teams and focus solely on the Hitor Group's product line.
WDSNA are excited by interest shown in the Nano-Jet technology within the locomotive industry, with commercial tests of a Nano-Jet on locomotives. The conclusion of these live tests showed fuel savings and emission reduction. Now Energy Solutions have arranged independent third party testing with Cad Railway Industries of Montreal, Quebec and it is understood that the test will produce substantial results.
Hitor Group CEO, Ken Martin, said, "This is a very exciting match that brings the sales abilities of the Energy Solutions team and links it with the business and financial know-how of WDSNA. This is the boost the Company needed; together they can bring Hitor to the next level."
About Nano-Jet
Nano-Jet Corporation, a wholly owned subsidiary of Hitor Group, Inc. (OTCQB:HITR), is the producer of the patent applied for Nano-Jet line of magnetic fuel performance enhancing Modules. Nano-Jet offers the most highly refined and effective fuel performance enhancement technology available in the market today. Nano-Jet's proprietary design breaks down the molecular clusters which naturally exist in the fuel into single molecules and polarizes those molecules to enable a more complete combustion of the fuel/air mix. Extensive testing of the line of Nano-Jet models on a variety of gasoline and diesel engines has conclusively proven that fuel treated by these fuel performance optimizing devices produces measurably more power, increases fuel economy by an average of 5% or more and reduces toxic exhaust emissions 30% or more.
The Nano-Jet Fuel Module is suitable for use with a wide variety of internal combustion power plants from the smallest single cylinder gasoline engine to diesel railroad locomotives and marine diesels.
Disclaimer
Any statements that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our most recent Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations.
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