SOURCE: Save the World Air, Inc.
December 12, 2008 13:30 ET
California Air Resource Board Introduces Climate Action Plan That Will Slash Greenhouse Gases and Fight Global Warming
STWA's Flagship Elektra and MagChargR Products Have Been Proven to Reduce Emissions, Improve Performance and Cut Fuel Costs
MORGAN HILL, CA--(Marketwire - December 12, 2008) - STWA, Inc.'s ("STWA") (OTCBB: ZERO)
responded today to a press release issued by the California Air Resource
Board on December 11, 2008.
"The Air Resource Board (ARB) issued a press release yesterday outlining
their plan to reduce greenhouse gas emissions to 1990 levels by the year
2020," commented Cecil Bond Kyte, Chairman of Save the World Air, Inc.
"Our Elektra™, MagChargR™ and EcoChargR™ technologies have been
proven to effectively reduce emissions while improving fuel efficiency and
boosting vehicle performance. As a result of increased regulation and
spending, the deployment of technologies that will help companies achieve
compliance is one of STWA's identified goals." Kyte added, "We agree with
the ARB chairman, Mary Nichols, when she says that this plan will increase
investment in clean technologies."
According to the ARB press release, "It will guide capital investments into
energy efficiency to save us money, into renewable energy to break our
dependence on oil, and promote a new generation of green jobs for hundreds
of thousands of Californians," stated ARB Chairman Mary Nichols.
"By moving first in the nation," added Nichols, "California maintains its
position at the front of the line in attracting venture capital, and
positions us as a leader in the race to develop the clean technology
products, patents and projects the global market demands and needs."
"The ARB plan includes the implementation of California's clean cars
standards and regulations to reduce emissions from trucks and from ships
docked in California ports, which is something that we believe our Elektra
product can address," added Kyte.
The ARB press release can be referenced at the following URL:
http://www.arb.ca.gov/newsrel/nr121108.htm
The Scoping Plan and all appendices can be viewed at:
http://www.arb.ca.gov/cc/scopingplan/document/scopingplandocument.htm
About Save The World Air, Inc.
Save The World Air, Inc. develops patented and patent pending flux field
pollution control and performance improvement technologies, including the
ELEKTRA, ZEFS and MKIV, which have been scientifically tested and proven to
significantly reduce harmful exhaust emissions, improve performance and
enhance fuel economy. The products have been engineered to serve as either
standalone pollution control systems or can be used (in conjunction with
catalytic converters) to create a more effective total pollution control
system that not only reduces harmful emissions, but also decreases
greenhouse gases, improves fuel efficiency and boosts performance.
More information is available at: www.stwa.com, and www.magchargr.com.
Safe Harbor Statement
This press release contains information that constitutes forward-looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Any such forward-looking
statements involve risks and uncertainties that could cause actual results
to differ materially from any future results described within the
forward-looking statements. Risk factors that could contribute to such
differences include those matters more fully disclosed in the Company's
reports filed with the Securities and Exchange Commission. The
forward-looking information provided herein represents the Company's
estimates as of the date of the press release, and subsequent events and
developments may cause the Company's estimates to change. The Company
specifically disclaims any obligation to update the forward-looking
information in the future. Therefore, this
forward-looking information should not be relied upon as representing the
Company's estimates of its future financial performance as of any date
subsequent to the date of this press release.