EVTN Expanding Global Presence; Exhibiting At World's Foremost Offshore Technology Event
FORT LAUDERDALE, Fla., April 26 /PRNewswire-FirstCall/ -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that the Company will demonstrate its Voraxial® Separator at the Offshore Technology Conference (OTC 2010) on May 3 - May 6 in Houston, Texas. OTC is the world's foremost event for the development of offshore energy resources in the fields of drilling, exploration, production and environmental protection. For more information, visit www.otcnet.org.
EVTN is rapidly expanding its international focus, and recently increased the company's level of representation in the Middle East and Australia. Negotiations are currently in process for dozens of Voraxial applications around the globe with potential customers ranking among the world's largest companies. Should even a few of the pending orders materialize as expected, EVTN will see a substantial increase in sales across the balance of 2010. In many cases these initial orders will mark the beginning of an approved vendor relationship with significant potential for reoccurring revenue.
The four day OTC event will allow EVTN to meet with new and existing customers from major oil and gas industry companies from around the globe. The EVTN Exhibit will allow customers to observe the unique, patented Voraxial separation process for oil and water. Oil / water Separation is a critical process in offshore oil production. No other high volume, bulk separation technology available to the industry approaches the performance efficiency of EVTN's Voraxial Technology. The Voraxial processes high volume fluids with a comparatively smaller footprint, less energy usage and lower maintenance requirement than conventional separation equipment. This allows operators to reduce the cost, time and space required to treat its fluid streams. These are critical factors on oil platforms, which represent some of the most expensive real estate on earth. The unique design of the Voraxial enables it to provide effective separation during fluctuations in flow rate and inlet oil or sand concentrations without any modifications. Further, and most importantly, the Voraxial is the only high volume separator that can do this without a pressure drop. These features increase the ease of operation. The Voraxial has already been utilized by the oil industry for processing produced water (offshore and onshore), deckwater drainage, liquid/solid separation, and tar sands applications.
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