DENVER, CO--(Marketwire - Mar 13, 2013) - Vista International Technologies, Inc. (
For the fourth quarter of 2012, revenues were up roughly 55% year over year, exceeding $175,000. These increases were mainly due to increased sales of processed tire material at the Company's tire processing facility in Hutchins, Texas. This trend continued in 2013 as January revenues rose roughly 75% year over year, and 30% sequentially. These revenue increases are particularly impressive since the winter months are traditionally a weaker time of year in the tire processing industry.
On the Waste-to-Energy side of the business, the company has seen a significant increase in interest for its proprietary Thermal Gasifier technology in recent months, in both domestic and foreign markets. CEO Tim Ruddy was encouraged by these events and issued some positive comments. "We feel that our Thermal Gasifier is an exceptional technology that is well designed for the current renewable energy climate. As the US and global economies stabilize, governments and corporations across a variety of industries are realizing that now is the time to take the next step toward an environmentally friendly resolution of their waste disposal issues. That realization is bringing them to look more closely at the Thermal Gasifier."
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty years, with installations across three continents. The Company's technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, waste coal, sewage sludge, animal waste, and biomass, among others. The company's Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
For more information on Vista or this release, please visit www.vvit.us, or call 303 690 8300.