HAMMOND, Ind., April 05, 2016 (GLOBE NEWSWIRE) -- HydroPhi Technologies, Inc. (OTC:HPTG) subsidiary Pro Star Freight Systems, Inc. (“Pro Star” or “Company”) announced today the hiring of Dejan Vucic as the Company’s first Head of Safety and Compliance, effective immediately.
Mr. Vucic brings more than a decade of experience in safety and compliance for the trucking industry. Most recently, Vucic served as the Safety Manager for CDM Express Corp., a freight solutions company serving the Midwestern United States. He brings to Pro Star a comprehensive knowledge of transportation operations and industry-specific regulatory requirements.
Mr. Vucic’s experience is of particular value as the Company pursues its first CSA (Compliance, Safety, Accountability) score as required by the Federal Motor Carrier Safety Administration. The CSA score is a safety measurement and reporting initiative affecting every carrier with one or more vehicles over 10,000 pounds serving interstate jobs. The CSA score measures safety performance and equipment maintenance data in an effort reduce crashes, injuries and fatalities that are related to commercial motor vehicles.
“The addition of Dejan Vucic to our management team comes at a pivotal time for the Company, as we continue to add new trucks to our long-haul fleet and expand our operations throughout the continental United States,” said Nikola Zaric, founder of Pro Star Freight Systems, Inc. “Mr. Vucic’s deep industry knowledge in conjunction with his past experience in trucking compliance is invaluable as we pursue our first CSA score. His involvement ensures that all measures will be taken to achieve a high score which, in turn, will lead to new business opportunities with larger customers and serve to limit penal fees, fines and tickets. Pro Star is growing quickly and we are balancing this progress through the strengthening of our management team.”
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About Pro Star Freight Systems, Inc.
Pro Star is a Mid-Western based, long haul freight transportation company serving the continental United States. With dispatch operations in Bensenville, Illinois, Belgrade, Serbia and Niš, Serbia, and truck service centers in Indiana and Illinois, the company services and manages a fleet of more than 150 trucks.
About HydroPhi
HydroPhi Technologies Group, Inc. (HPTG) is a developer of water-based hydrogen fuel production systems. The Company's technology isn't a fuel cell, nor is it a hydrogen alternative to traditional hydrocarbon fuels. The system utilizes distilled water for the production of hydrogen and oxygen, which is then injected into the air intake of an engine utilizing carbon-based fuels such as diesel, unleaded gasoline and natural gas. HPTG's technology, (HydroPlant™) has been company tested with resulting reduced vehicle operating costs by improved fuel efficiency up to 20%, while lowering greenhouse gas emissions up to 70%. By using an on-board, on-demand electrolysis system to separate hydrogen and oxygen from water, the technology eliminates the need for high-pressure hydrogen storage or hazardous chemicals while producing a stable, inexpensive alternative fuel source. By offering a real-time monitoring system as part of a hydrogen fuel solution with retrofit capability into standard vehicle engines, HPTG provides fuel efficiency to a potentially broad spectrum of users, including logistics, trucking, heavy equipment, marine and agriculture. Additional information about the Company and the technology is available at: www.hydrophi.com.
Forward-looking Statements
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.