MIAMI, Oct. 2, 2008 (GLOBE NEWSWIRE) -- Centriforce Technology Corp. (Pink Sheets:CNFO) introduced its new corporate Web site today at www.cnfoWater.com. The Web site discusses the Company's business strategy, management team and technology. As a pure water play, Centriforce is engaged in the development of desalination technology to process sea water into fresh water.
"There is a growing shortage of potable water in the world," noted Matthew Schulman, CNFO's CEO. "Current technologies tend to make desalination too expensive for many areas where potable water shortages occur. We expect our technology to produce fresh water from sea water at a lower cost than current technologies," he reported. "Experts have predicted that worldwide water shortages will have a greater impact on international economics than oil shortages did in the last century," he stated.
Centriforce is developing a new desalination technology that it expects will produce commercial volumes of fresh, potable water using less energy input and at lower costs than current reverse-osmosis and flash distillation technologies. Prices paid for water are increasing as population growth increases demand and as overuse reduces current reservoirs. Centriforce believes this will create significant opportunities to profit from its new approach to desalination.
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