NEW YORK, Oct. 30, 2013 (GLOBE NEWSWIRE) -- Tauriga Sciences Inc. (OTCQB:TAUG) or ("Tauriga" or "the Company"), a diversified company focused on generating profitable revenues through license agreements and the development of a proprietary technology platform in the nanorobotics space, today announced that it will participate with Pilus Energy LLC ("Pilus Energy") at WaterVent Conference 2013, Ras Al Khaimah, United Arab Emirates ("UAE"). The conference is November 27-28, 2013 at the Waldorf Astoria Hotel near Dubai, UAE and is co-hosted by Utico, a major utility infrastructure developer and investor. Pilus Energy was selected from a significant number of water-based organizations. To learn more about the WaterVent conference, please visit (www.watervent.com/ras-al-khaimah/enquiry.html).
As one of WaterVent's selected organizations, Pilus Energy is invited to present the wastewater-to-value bacterial robot, or BactoBot™, the scalable electrogenic bioreactor (EBR) platform that harnesses the BactoBot to over 2,000 global international water industry leaders, including top researchers, investors, entrepreneurs, corporate executives and government officials.
Tauriga CEO Seth M. Shaw commented, "The Company is excited to gain important exposure at a top quality UAE conference that will be attended by numerous institutional investors and industry leaders. Additionally the fact that Pilus Energy invited us to participate at WaterVent underscores the strength and importance the relationship between the parties as we work together to unlock shareholder value."
Experts from around the world will attend. Represented regions include India, South Africa, China, Australia, Argentina, Brazil, Russia, and the USA.
On October 29, 2013 Tauriga announced a comprehensive Strategic Alliance with Cincinnati, Ohio-based Bacterial Robotics LLC and its wastewater-to-value subsidiary, Pilus Energy. The Agreement stipulates the formation of a Joint Venture Partnership ("JVP") for the development and commercialization of a nuclear power industry specific Bacterial Robot, or BactoBot™.
About Tauriga Sciences, Inc.:
Tauriga Sciences, Inc. (OTCQB:TAUG) is a diversified company focused on generating profitable revenues through license agreements and the development of a proprietary technology platform in the nano-robotics space. The mission of the Company is to acquire and build a diversified portfolio of cutting edge technology assets that is capital efficient and of significant value to the shareholders. The Company's business model includes the acquisition of licenses, equity stakes, rights on both an exclusive and non-exclusive basis, and entire businesses. Management is firmly committed to building lasting shareholder value in the short, intermediate, and long terms. The Company's new corporate website can be found at www.tauriga.com.
About Pilus Energy LLC
A developer of alternative cleantech energy solutions, Pilus Energy is developing microbial solutions that clean polluting molecules from wastewater. In the process, the technology generates electricity and produces economically important gases and chemicals. Pilus Energy licenses a low-cost, scalable electrogenic bioreactor platform and wastewater-to-value BactoBots. Pilus Energy will also derive additional revenues from carbon and renewable energy credits (REC). For more information, please visit Pilus Energy's web site, http://PilusEnergy.com.
About WaterVent Conference
WaterVent offers a unique approach for pre-qualified entrepreneur-investor matching. By providing a balanced ratio of entrepreneurs to investors, WaterVent creates an intimate setting that is customized to the business need of each event participant. http://www.watervent.com.
About Utico
Utico is a utility infrastructure developer. Its business operation includes generation, transmission, distribution, billing, collection and customer service. It also designs, engineer, procures, install, test and commission water desalination and power generation plants. Utico is a major Utility service provider in the Middle East & the largest private utility in the United Arab Emirates, and is an infrastructure developer with aim of preserving the nature and environment. Visit http://uticome.com for more information.
DISCLAIMER:
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on TAUG's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors over which TAUG has little or no control. Such forward-looking statements are made only as of the date of this release, and TAUG assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by TAUG with the Securities and Exchange Commission. This press release does not and shall not constitute an offer to sell or the solicitation of any offer to buy any of the securities, nor shall there be any sale of the securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The securities have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws, and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Securities Act and applicable state securities laws.