The Wall Street Transcript Interviews STWA, Inc.
KEYT Television Interview With Senator Tony Strickland and CEO Cecil Kyte Available on Company's Website
MORGAN HILL, CA--(Marketwire - June 3, 2009) - Save the World Air, Inc. (
The Company has also posted a video interview conducted by Santa Barbara's KEYT, Channel 3, the local ABC affiliate station. The interview can be viewed at: http://www.stwa.com/news.htm.
Excerpts from the TWST interview include:
TWST: Which of your products do you consider to have the most potential to combat climate change?
Mr. Kyte: That's a complex question, because you can also look at it in terms of how many more units could you sell, which by the mere fact of quantity in the field would have an impact. Is it quality or quantity. On a qualitative basis, we believe our ELEKTRA™ technology for diesel engines, what we call Big Rigs, 18 Wheelers, Class A Trucks, Tractor-Trailers; those are four names that represent the same vehicle, this Technology can really make an impact. This is a large market, and until recently has been largely unregulated in comparison to the gas engine market, which is really the lion's share of the emissions control market. We are really in a good position in our opinion. We actively are tracking legislation on the State and National level, and we maintain close contact with our local representatives. We believe our technology offers a solution to meet the mandates being proposed by the State and Federally. In fact we are about to get a State Senate Resolution that basically acknowledges our past and present accomplishments in our industry.
TWST: What are Save the World Air's priorities for the next four to eight quarters?
Mr. Kyte: Next year to two. Well, in the next year, we want to become profitable. We are transitioning out of R&D and into sales.
TWST: How big is your sales staff at the moment?
Mr. Kyte: We have a unique model. About half a dozen consultants or consulting organizations would comprise our sales staff. This would encompass people and organizations who have existing relationships with fleet managers, the people for example who handle the transportation for McDonald's, Atlas Van lines, FedEx, UPS, Wal-Mart, etc., fleets that are comprised of hundreds and thousands of trucks. We have approached and developed relationships with consultants who can get these peoples ear. So, our sales force isn't what we call normal or traditional. We're more focused on working with organizations and people who have existing relationships -- 20, 30-year relationships -- with transportation managers in the industry.
About Save The World Air, Inc.
Save The World Air, Inc. develops and licenses patented and patent pending flux field pollution control and performance improvement technologies, including the ELEKTRA, ZEFS and MKIV, which have been scientifically tested and proven to significantly reduce harmful exhaust emissions, improve performance and enhance fuel economy. The products have been engineered to serve as either stand alone pollution control systems or can be used (in conjunction with catalytic converters) to create a more effective total pollution control system that not only reduces harmful emissions, but also decreases greenhouse gases, improves fuel efficiency and boosts performance.
More information including a company Fact Sheet, logos and media articles are available at: http://www.irthcommunications.com/clients_ZERO.php, and at: http://www.magchargr.com.
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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.
Released June 3, 2009