PTA Holdings Releases Corporate Update
10 9월 2009 - 5:12AM
PR Newswire (US)
CLEVELAND, Ga., Sept. 9 /PRNewswire-FirstCall/ -- PTA Holdings,
Inc. (Pink Sheets: PTAH) announced today that PTA management team
and technicians have been in South Korea for the past six months
working on a project that could change the world. The team is led
by CEO Ted Leverette, II and has been financed by Tony Shin,
chairman of IGGI., who last year was named president of PTA's Asian
Pacific Division. PTA is the inventor of the device and the project
is described as an alternative electric energy source that uses no
wind, fossil fuel, solar or thermal energy and can be installed
anywhere, even in the remotest part of the world. It is a weight
assisted continuous motion machine that could produce electric
power for homes and businesses. Specific information will follow in
subsequent press releases after the initial launch expected within
a few weeks. Ted Leverette, II in cooperation with Tony Shin plan
to lead continuous development and engineering in the new energy
system which is expected to revolutionize the energy industry.
About PTA Holdings, Inc.: PTA Holdings, Inc. ("PTA") is a
diversified holding company. The Company acquired ProFlow, Inc. in
April 2007. ProFlow, Inc. is a Georgia based Automotive Service
Center that specializes in the development of special Oil's for
domestic, foreign and diesel engines. ProFlow, since inception, has
been led by a NASCAR Winston Cup-Winning experienced management
team. ProFlow has developed and designed fuel saving processes, for
the automobile industry that can have a dramatic effect on fuel
consumption. ProFlow is aggressively approaching successful future
technologies for fuel mileage in the complete automotive and Diesel
industry. Additional information can be found on the company's
website: http://www.ptaholdings.com/. Forward-Looking Statements
This news release contains forward-looking statements about our
business, or financial condition and prospects that reflect our
assumptions and beliefs based on information currently available.
We can give no assurance that the expectations indicated by such
forward-looking statements will be realized. There may be other
risks and circumstances that we are unable to predict. When used in
this news release, words such as "believes," "expects," "intends,"
"plans," "anticipates," "estimates" and similar expressions are
intended to identify forward-looking statements, although there may
be certain forward-looking statements not accompanied by such
expressions. All forward-looking statements are intended to be
covered by the safe harbor created by Section 21E of the Securities
Exchange Act of 1934. DATASOURCE: PTA Holdings, Inc. CONTACT: PTA
Holdings, Inc., Ted Leverette, II, +1-478-457-5873 Web Site:
http://www.ptaholdings.com/
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