Published: May 18, 2006
Verdant Technology Corporation Announces Development of Breakthrough, Environment Friendly Technologies for the Energy Sector
Verdant Technology Corporation (OTC: VTHC) is an
incubator and developer of cutting-edge, environmentally sound technologies
for the energy sector. The company has successfully harnessed exciting
upstream and downstream technologies that provide significant commercial
benefits to established and alternate areas of the Energy industry.
In response to the global trend of escalating energy costs, diminishing
energy supply and the demand for better protection of the environment, the
company is developing breakthrough energy related technologies to meet the
demands of the expanding economies of the 21st century.
Verdant's business model is to acquire, incubate and develop innovative
technology solutions to enhance existing and future energy sources while
procuring positive environmental benefits and balancing long-term growth,
financial stability, and shareholder value.
Revenue is generated from the technology, intellectual property and assets
through wholly owned subsidiaries, licensing, royalty fees and Master
Limited Partnerships. Current portfolio technologies encompass Oil & Gas
reservoir production enhancement concerning Paraffin and Asphaltene
blockage. The company's strategy includes the purchase and treatment of
poorly performing proven reservoirs, the earning of accretive production
revenues and onward sale of enhanced assets. Verdant's Downstream Service
technology offers increased crude recovery and safety values with reduced
downtime and significant environmental benefits. Additionally Verdant
Technology Corporation has further dynamic and complimentary technologies
under negotiation.
"By establishing itself as a 'safe-haven' for inventors of breakthrough
technologies and maintaining well-defined monetization goals for their
shareholders, Verdant is poised to bring technologies encompassing both
energy efficiency and environmental benefits to the forefront of the global
energy markets," said David J.Curd, Chief Executive Officer of Verdant
Technology Corporation.
For more information about Verdant Technology Corporation's services and
technologies please visit our website at www.Verdant-Tech.com or email
info@Verdant-Tech.com.
Statements in this release are "forward-looking" statements regarding
Verdant Technology Corporation, which are covered by the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Such
statements are based on management's current expectations and are subject
to certain factors, risks and uncertainties that may cause actual results,
events and performance to differ materially from those referred to or
implied by such statements. Investors are cautioned that such
forward-looking statements involve risk and uncertainties, including
without limitation, acceptance of the company's products, significant
levels of competition for the company and dependence on the performance of
the management of the company.
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