I invite all present and potential investors to dial in to get a better understanding of why we are so confident that we can sustain this aggressive growth well into the future.
SPARKS, Nev. (PRWEB) June 7, 2007
Tech Laboratories also recently announced the completed acquisition of Renewal Fuels, producer of a portable biodiesel processor that empowers consumers with the ability to produce their own fuel from waste material. The FuelMeister can produce 80 gallons of biodiesel per day from waste vegetable oil collected from restaurant deep fat fryers at an average cost of $0.85 per gallon.
"Tech Laboratories has entered a period of growth that we believe will continue to build value for our shareholders," said John King, Chief Executive Officer of Tech Laboratories. "I invite all present and potential investors to dial in to get a better understanding of why we are so confident that we can sustain this aggressive growth well into the future."
Tech Laboratories is seeking to roll up green technologies focused on generating biofuel from feed-stocks that do not negatively impact the nation's food supply. Specific technologies currently being investigated allow production of biofuels from non-food sources including waste vegetable oil, feedstock that can be grown on set-aside land, inedible oils (such as jatropha and algae), wood waste, municipal solid waste and coal fines.
Tech Laboratories is establishing relationships with several additional biofuel entities with projects, products and technologies at various stages of development. Each of these companies is in a business that meets Tech Laboratories' corporate mission. The Company's seasoned management is actively negotiating strategic relationships as a means to continue building shareholder value.
Callers within the United States can access the conference call by calling 800-230-1093; when prompted tell the operator you would like to connect to the "Tech Laboratories conference call." International callers can dial 612-332-0228. An online audio web simulcast of the call will also be accessible at http://www.trilogy-capital.com/tcp/tech.
About Tech Laboratories
Tech Laboratories is an emerging greentech company monetizing waste from modern consumerism to feed America's demand for energy. The Company is establishing its position in what many believe to be the largest economic opportunity of the 21st Century -- a sustainable solution to the world's $5 trillion addiction to oil consumption.
A key component of Tech Laboratories' high-growth business model is the augmentation of core operations and assets through strategic partnerships and opportunistic acquisitions in the burgeoning biofuels industry. The Company's management team and Board of Directors believes that increasing political and social responsiveness, combined with exciting developments in biofuel technology, has created an unprecedented environment for organic growth as well as growth through acquisitions.
The management of Tech Laboratories is establishing relationships with various biofuel entities with projects, products, and technologies at various stages of development. Each of these companies is in a business that meets Tech Laboratories' corporate mission. The Company's management is actively negotiating strategic relationships as a means to continue building shareholder value. To learn more visit http://www.tech-laboratories.com and http://www.renewalfuels.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/tech.
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This press release includes statements that may constitute forward-looking statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, dependence upon third-party vendors, availability of capital and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.