This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CleanTech Manufacturer, EVTN Announces 300% Increase In 9 Month Revenues Vs. Entire Prior Year, Along With 3rd Quarter Results

FORT LAUDERDALE, Fla., Dec. 2 /PRNewswire-FirstCall/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced a 300% increase in revenues for the first 3 quarters of 2009, as compared to the entire year of 2008.  EVTN, manufacturer of the Voraxial ® Separator, posted its best sales growth, despite the worst global economic climate in decades as revenues for the first 3 quarters of 2009 increased to $431,000.  

EVTN achieved profitability in the third quarter, according to GAAP financials, helped by the sale of depreciated equipment.  Accelerating business activity includes completed and pending orders, plus active negotiations for applications across global, multi-billion dollar market sectors. Customers, that include some of the world’s largest companies, indicate the importance of EVTN’s Voraxial ® technology and its potential for continued growth.  Increased revenues dramatically confirm EVTN’s transition from R&D stage to full commercialization.  EVTN’s Voraxial ® Separator, a proven highly efficient separation device, represents an economic solution to critical separation requirements across a range of multi-billion dollar market, which includes oil exploration & production, mining and waste-to-energy.

“EVTN is responding to an increasing number of inquiries for the Voraxial ® Separator from major industrial and service companies,” stated John A. DiBella, VP of EVTN.  “The future revenue potential from these pending opportunities range from a hundred thousand dollars to millions of dollars per project.  We believe, based on current activity, that we can expect continued growth in 2010.”

To view 3rd Quarter financials, please view:

ABOUT EVTN : Enviro Voraxial Technology, Inc. (OTCBB  “EVTN”) is the Fort Lauderdale, Florida based developer and manufacturer of the Voraxial ® Separator, arguably the world's most efficient, high volume fluid and fluid/solid separation technology. The separation market encompasses a series of multi-billion dollar segments, spread globally across many industries and applications.   As the developer of this dramatically superior, extensively patented separation technology, the economic implications for EVTN should be significant.  EVTN’s Voraxial ® separation systems have completed projects with many of the world’s top industrial companies, including ConocoPhillips, Cameco, Repsol, US Navy and Transocean.  EVTN was originally founded as a high precision aerospace manufacturer that built the gyro platforms for the Hubble space telescope as well as missile and satellite components.  EVTN re-invested its profits along with equity investors (that include two European Intuitions) toward the development of the Voraxial ® Separator.  The Voraxial ® is now successfully commercialized and is the exclusive focus of EVTN’s business.  EVTN owns significant IP surrounding the Voraxial ® and has new innovations under development to enhance its potentially market dominant technology.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EVTN $0.02 0.00%
AAPL $117.81 0.00%
FB $105.45 0.00%
GOOG $750.26 0.00%
TSLA $231.61 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs