Fort Laudersale, FL, April 30, 2014 (GLOBE NEWSWIRE) -- Enviro Voraxial Technology, Inc. (OTCQB: EVTN) announced today that the Company will demonstrate its Voraxial® Oil/Water Separator at the Offshore Technology Conference (OTC 2014) in Houston, Texas May 5th-May 8th, in Booth 3467. OTC 2014 is the world's foremost event for the development of offshore energy resources in the fields of drilling, exploration, production and environmental protection. EVTN will be showcasing its line of Voraxial® Separators, including the widely used Voraxial® 4000, which processes over 17,000 barrels per day.
EVTN's Voraxial® Separator technology offers oil industry customers market leading efficiencies for many critical high volume, bulk separation applications including the processing of produced water, deck water, frac water, refinery fluids and marine oil spill remediation. These applications are essential to the efficient production of oil and gas and the protection of the environment and represent billions of dollars of market potential.
EVTN is experiencing an increasing demand for its Voraxial ® Separator, both for offshore and onshore oil industry applications. The Voraxial® Separator fills a void in a large segment of the separation market, specifically, in areas of high flow, limited space and limited fluid pressure. This allows operators to reduce the cost, time and space required to treat its fluid streams. These are critical factors on oil platforms, which represent some of the most expensive real estate on earth. Further, operators can experience cost savings through decreased expenses of acquiring, installing, operating and maintaining the equipment. The unique design of the Voraxial® enables it to provide effective separation during fluctuations in flow rate and inlet oil or sand concentrations without any modifications. Further, and as critical, the Voraxial® is the only high volume separator that can do this without a pressure drop. These features increase the ease of operation.
The four day OTC event provides EVTN an opportunity to meet with new and existing customers and service organizations from major international oil and gas industry companies. At the exhibit customers will be able to observe EVTN's patented Voraxial® separating oil from water by creating a unique, powerful vortex.
For more information, visit http://www.otcnet.org/2014/
About Enviro Voraxial Technology: EVTN (OTCQB: EVTN) is the developer and manufacturer of the Voraxial® Separator, a unique, patented, in-line, turbo-separator that provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities and without the need of a pressure drop. The Voraxial® provides highly efficient bulk separation while requiring less space, energy and weight than conventional separators processing the same volume. The Voraxial® is capable of simultaneously separating up to three components, such as oil, water and sand. The Voraxial® can be used as a stand-alone separator or incorporated with other equipment to provide a complete turnkey solution that allows customers to treat a variety of fluid streams while reducing treatment cost and increasing separation efficiency.
The separation market encompasses a series of multibillion dollar segments, spread globally across many industries and applications. EVTN continues to pursue the oil & gas industry but is also processing proposals from other industries such as mining, food processing, manufacturing and oil spill industries. EVTN owns significant IP surrounding the Voraxial® and has new innovations under development. Please see www.evtn.com for additional information.
Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial and its subsidiaries to differ materially from those indicated by such forward-looking statements.