Apr 3 2010
Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT & Berlin/Stuttgart: WTC) announced today that it will install its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra www.desmetgroup.com.
According to Roman Gordon, CTI's CEO, "We confirmed today that we have a target date of April 16th to install the first full capacity pilot system in a large scale vegetable oil processing plant." Mr. Gordon also commented "that this first edible oil refining system installation is being done in conjunction with industry leader Desmet Ballestra for one of its 5,000 potential clients in this sector."
Following the successful installation and client satisfaction report for this first facility, CTI and Desmet Ballestra will ramp up to sell systems to other clients using Desmet's large sales force.
Source: http://www.cavitationtechnologies.com