KIRKLAND, WA--(Marketwire - Mar 5, 2013) - Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTO) -- Hitor is currently in final negotiations with several countries wanting to build a Hitor manufacturing plant utilizing the Tire Recycling technology to produce affordable & durable housing materials. The process uses Nano particles of rubber to produce a new 'Wood Replacement Product' using micronized rubber for process intensification; this gives an almost endless range of final indoor / outdoor products.
"Consistent with our stated business model, Hitor has sourced a product with significant global potential. This provides Hitor Construction with a competitive edge with the current bids on housing projects and introduces a proprietary technology to the market," said Ken Martin, CEO.
About Hitor Group
Hitor Group is an industry leading Environmental Technology Accelerator that delivers best-in-class 'green' technology solutions for a better world. Hitor applies capital and best-in-class business practices to integrate green technologies, expand distribution channels, and catalyze rapid and profitable growth. Synergistic and proprietary technologies that can provide viable economic solutions to serve commercial markets along with developing communities are sourced worldwide. The global demand for solutions to these challenges has never been greater and at the same time innovations in technologies for solutions have arrived. Our goal is to bring these applications to this growing market segment and create shareholder value. To learn more about The Hitor Group, please visit our website at www.hitorgroup.com
Any statements that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our most recent Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations.