SANTA BARBARA, CA--(Marketwired - May 9, 2013) - STWA, Inc. (
The first AOT™ Midstream Crude Oil Viscosity Reduction Technology production unit was released from production May 8, 2013.
AOT™ Midstream serial number 000001, Model: 36-12-600#-1200/200-042013-S-000001 is one of STWA's long distance commercial pipeline products, designed for use at pipeline pump stations throughout North America.
The 20-ton, 33.3 foot long industrial efficiency device is a 36 inch inner diameter pressure vessel, with 12 inch series 600# inlet and outlet nozzles rated for 1,200psi of continuous duty operation. It is loaded with STWA's AOT™ proprietary equipment and mounted to its own frame assembly design, known as a "skid", which allows the end user to mount the device in either horizontal or vertical orientation.
The AOT™ Midstream serial number 000001 shown is being shipped with 12" 600# pipeline mounting hardware and components compatible for installation to commercial pipeline pump stations in North America.
"This first unit off of the assembly line marks a key milestone for our Company as it has been a major collaborative exercise between all parties involved, and we thank each for their respective contributions for the design, engineering, parts and assembly processes," stated Mr. Cecil Bond Kyte, Chairman and CEO of STWA, Inc. "The team has been working closely with intellectual property partners, potential customers and supply chain members since last spring to design this first unit, and others in line behind it, to meet the rigorous demands of high capacity throughput on commercial pipelines around the world. Thank you all for your support."
About AOT™ Technology
AOT™ Viscosity Reduction Systems are a suite of commercial crude oil pipeline flow assurance products designed to be installed at pipeline pump stations in the upstream, gathering and midstream sectors.
AOT™ technology reduces the viscosity of crude oil without the need for heat, chemical or polymer additives. The reduction of viscosity holds key benefits to the energy production and transportation industry. The product holds advantages over currently adopted flow assurance technologies in use around the world today.
AOT™ has been independently verified and tested by numerous third party entities such as the United States Department of Energy mentioned above, for the efficacy of AOT™ for the reduction of crude oil viscosity. Test reports and related links are available on the Company's website.
"Applied Oil Technology™", "AOT™ Midstream", and "AOT™" are copyrights and registered trademarks of STWA, Inc.
About STWA, Inc.
STWA, Inc. develops and commercializes energy efficiency technologies that assist in meeting increasing global energy demands, improving the economics of oil extraction and transport, and reducing greenhouse gas emissions. The Company's intellectual property portfolio includes 47 domestic and international patents and patents pending, which have been developed in conjunction with and exclusively licensed from Temple University. More information including a company Fact Sheet, logos and media articles are available at: www.stwa.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.