PRLog (Press Release) -
Mar 03, 2010 -
Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT). The Company released news as follows:
Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT & Berlin/Stuttgart:
WTC) is pleased to announce today that James W. Fuller was appointed to our Board of Directors, and became the Chairman of our Audit Committee. Mr. Fuller, age 69, was formerly Senior Vice President of the New York Stock Exchange (NYSE) and was nominated by President Ronald Reagan as the Director of the Securities Investor Protection Corporation (SIPC)
http://www.presidency.ucsb.edu/ws/index.php?pid=42076. Mr. Fuller was appointed and acted as the Director of SIPC for 6yrs. In addition to his 30 plus years experience in the securities markets, Mr. Fuller sat on the Board of Trustees of the University of California, Santa Cruz. Mr. Fuller received his BS in Political Science from San Jose State University and his MBA from California State University- Fresno. A veteran in the financial industry and a seasoned executive, Mr. Fuller brings extensive knowledge and expertise in management and operations, including executive leadership.
Roman Gordon, CEO of CTI, commented, “James Fuller is a very highly regarded name in the financial industry, and we are honored to have him on hand to lend his expertise and guidance to CTI. We feel that the addition of Mr. Fuller to our Board of Directors strengthens our commitment to the growth of the company and our investors.”
About Cavitation Technologies
Cavitation Technologies, Inc. (CTI); (OTC Bulletin Board: CVAT); is a “Green-Tech”
company, established in 2006 to become a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries. For additional information please visit: www.cavitationtechnologies.com
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be “forward-looking statements.”
Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as “expects,”
“will,” “anticipates,”
“estimates,”
“believes,”
or statements indicating certain actions such as “may,” “could,” or “might” occur. Such statements reflect the current views of CTI with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Cavitation Technologies, Inc. does not undertake any responsibility to update the “forward-looking”
statements contained in this news release.
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