MIAMI, Nov. 10, 2008 (GLOBE NEWSWIRE) -- Centriforce Technology Corp. (Pink Sheets:CNFO) announced today the development of a new technology for the desalination of sea water into fresh, potable water. With potable water demand skyrocketing and water prices on the rise worldwide driven by increasing shortages, the ability to produce drinkable water at low cost is a world priority. The Company believes that this new technology meets a very important technological need by producing water with far less energy input and at lower cost than existing technologies.
"Everywhere you look - from the United Nations to Scientific American - warnings are being sounded that the world is running out of water," noted Matthew Schulman, CNFO's CEO. "Nations have ignored warnings about other risks at their peril such as growing demand for oil, inflated home prices and over leveraged credit markets. Our job is to deliver a solution to the world's growing water demands before a crises occurs and to do it in a way that is highly profitable for our shareholders," he concluded.
For more information, visit Centriforce Technology's website at www.cnfowater.com
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