TORONTO, Sept. 23 /CNW/ - CVET POWER CORP.'s Tom Garay, Vice President of
Strategic Marketing explains the application and benefits of Continuously
Variable Electronic Transmission (CVET) technology to the new, more efficient
gasoline and hybrid powered vehicles.
When asked about the application of CVET technology to modern vehicle
powertrains, Mr. Garay explained that "CVET POWER CORP. has received many
questions regarding CVET technology's capability to provide highway mileage
under city driving conditions and how this benefits today's more efficient
gasoline and hybrid vehicles."
He added that "To provide the answers to questions about the benefits of
CVET technology in today's advanced and efficient vehicle powertrains,
including hybrid vehicles, we used fuel efficiency studies from the
internationally recognized 'Consumer Reports' as our reference."
Mr. Garay pointed out that Consumer Reports published that in comparison
to highway driving, fuel efficiency in city driving conditions for gasoline
powered vehicles is on the average 50% less than on the highway and 35% less
for hybrid vehicles." He further explained that "It is this big difference
between the higher fuel consumption in city driving as compared to highway
driving that can make CVET technology so beneficial for gasoline powered,
hybrid, fuel cell and electric powered vehicles." He continued "CVET
technology can increase city driving mileage to that of highway driving."
Mr. Garay emphasized that CVET technology can bring real economic
advantage to the consumer, saying that "If I were to drive a car in the city
equipped with CVET technology, pumping $1's worth of gasoline would give me
$2's worth and if I were to drive a hybrid vehicle, pumping $1's worth of
gasoline, would give me over $1.30's worth; CVET technology could put
significant cash in mine and every driver's pocket!"
About CVET POWER CORP.
CVET POWER CORP. is commercializing revolutionary new and patented
technology for Continuously Variable Electronic Transmission (CVET) with
benefits that have the potential to redefine the transportation industry. CVET
has broad application in the vast field of transportation and may be used with
conventional internal combustion engine, hybrid, fuel cell and electric
For additional information, please go to www.cvetpower.com.
Forward Looking Statements
The foregoing press release contains forward-looking statements including
those related to the development of markets, expected business prospects,
future market and revenue potential, improvements in technology, customer and
supplier relationships, financial prospects; all of which are subject to
important risks and uncertainties. Actual results could differ materially from
those projected as a result of these risks and should not be relied upon as a
prediction of future events. Factors which could cause results or events to
differ from current expectations include, but are not limited to, the
availability of funding, existing and future relationships with suppliers and
customers, the results of commercial and technical development activities,
technological risk and uncertainty, general industry and market conditions,
availability of qualified personnel, and reliance on industry partners. CVET
POWER CORP. undertakes no obligation to update any forward-looking statement
to reflect events or circumstances after the date on which such statement is
made, or to reflect the occurrence of unanticipated events.
For further information:
For further information: Tom Garay, Vice President of Strategic
Marketing, CVET POWER CORP., 1271 Denison Street, Markham, Ontario, (905)
470-2900 ext. 105