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CNFO delivers fresh, desalinated water at lower cost

Posted by: Aqua Blog Maven on June 22, 2009 at 7:39 am

From Business Wire, this press release from Centriforce Technogy Corp:

Centriforce Technology Corp. (Pink Sheets:CNFO) announced today results from the operation of its recently completed desalination unit in Houston, Texas. Results indicate an energy consumption by CNFO’s technology of about 1 kw of power per cubic meter of salt water processed into fresh water. The industry standard is about 4 kw per cubic meter. The biggest expense in producing fresh water to a thirsty world is the cost of processing salt water into fresh water. CNFO directly reduces this operating cost with its new technology.

World water reserves are falling to critical levels in many parts of the world from California to the Middle East. With natural water supplies dwindling, new technology will be needed to sustain economic and population growth in dry areas. CNFO has developed a new technology for the processing of salt water into fresh water that uses less energy in the production process, thereby reducing operating costs required to produce fresh water. This is the ultimate green technology – fresh water using less energy and at lower cost.

“We are pleased by the early success of our new technology,” stated Matthew Schulman, CEO. “Now that we have the technology running, we expect to begin accepting opportunities to develop desalination plants for communities in need,” he added. “We feel that we have passed an important inflection point with the success of this processing unit,” he concluded.

For more information, visit Centriforce Technology’s website at http://www.cnfowater.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success.

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