STWA's AOT Technology Supports Senator Zinke's Platform of Moving America Towards Energy Independence
SANTA BARBARA, CA -- (MARKETWIRE) -- 12/14/12 -- STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of applied solutions for oil and fuel delivery systems, announced today that Montana State Senator Ryan Zinke has joined the Company's Board of Directors. STWA's Applied Oil Technology™ (AOT™) oil pipeline efficiency technology supports Senator Zinke's platform of moving America towards energy independence. As part of his efforts to enable further growth in domestic energy production, Senator Zinke and STWA President and CFO, Gregg Bigger, have been travelling over the past few months introducing various members of the North American energy industry to AOT™.
"It has been an absolute pleasure working with my colleague and friend, Senator Zinke," stated Mr. Bigger. "Senator Zinke's unprecedented access to members of the energy community has already allowed STWA to accelerate its sales and commercial development process throughout North America."
Montana State Senator Ryan Zinke is a retired U.S. Navy SEAL Commander and former Commander at SEAL TEAM SIX. Senator Zinke was elected to the Montana State Senate and chairs the Senate Education Committee and serves on the Senate Finance and Claims Committee. Senator Zinke is also CEO of a consulting firm that specializes in advanced technology supporting the industries of aerospace, oil and gas, and security. He serves as the Director of the Montana Unmanned Aircraft Systems (UAS) Center for Remote Integration, a founding Director of the Montana Firearms Institute (MFI), and is the President and Founder of the Great Northern Veterans Peace Park Foundation. Recently, Senator Zinke was honored to assume the Chairmanship of Special Operations for America (SOFA).
Senator Zinke's distinguished military career began in 1985 when he graduated from Officer Candidate School and attended SEAL training (class 136). He was then assigned to SEAL Team ONE in Coronado, California where he led counter-insurgency and contingency operations in the Persian Gulf and the Pacific theater of operations. From 1990-93 and again from 1996-99, he was selected to SEAL TEAM SIX where he was a Team Leader, Ground Force Commander, Task Force Commander and Current Operations Officer in support of National Command Authority missions. He then served as the Special Operations Officer in Europe and led the first exercise between former Soviet Special Forces and NSW forces, and served as the SEAL Commander of Joint Task Force TWO in support of Special Operations missions in Bosnia-Herzegovina, Croatia and Kosovo.
In 2004, Senator Zinke was assigned as Deputy and acting Commander, Combined Joint Special Operations Task Force-Arabian Peninsula in support of Operation IRAQI FREEDOM where he led a force of over 3,500 Special Operations personnel in Iraq in the conduct of 360 combat patrols, 48 Direct Action missions, and hundreds of sensitive operations. He was responsible for killing or capturing 72 known enemy insurgents and terrorists. In 2006, he was awarded two Bronze Stars for combat.
Senator Zinke's final Naval assignment was establishing the Naval Special Warfare Advanced Training Command where he served as "Dean" of the Naval Special Warfare graduate school with a staff of over 250 educators which provided over 43 college level courses to over 2,500 students annually at 15 different locations world-wide. He retired from active duty in 2008 after serving 23 years as a U.S. Navy SEAL.
Having attended the University of Oregon on an athletic scholarship, Senator Zinke graduated with a B.S. in Geology. He is a Disabled Veteran and holds a MBA in Finance and a Masters of Science in Global Leadership from the University of San Diego. In 1996 and again in 1997, Senator Zinke was twice selected for Most Outstanding Young Men in America honors.
Senator Zinke stated, "It's a great honor to join this dedicated team of individuals in moving AOT™ forward. I am confident that the commercialization of STWA's technology will hold great importance in our national mission of North America being energy independent. The fact that STWA technology will make America both more competitive and more efficient is exciting. I would like to thank the Board of Directors, the STWA team and the Company's shareholders for this opportunity."
"We are honored to have Senator Zinke join our board and become an integral part of our team. His track record in the military and in government speaks volumes of his character and his dedication to our nation. We share a vision for America being an energy industry leader, both in terms of domestic energy independence and in terms of being a global leader in breakthrough technologies that improve the economics of energy extraction and transportation. The Senator has already been a great asset to us in recent months and we believe we will achieve our goals at an accelerated pace with him on our team," said STWA CEO, Mr. Cecil Bond Kyte.
About AOT™ Enhanced Oil Transport Systems:
The AOT™ Enhanced Oil Transport System is designed to be installed on existing and new build pipelines anywhere in the world. The purpose behind the system is to provide a way for the pipeline operator to instantly reduce their operational expenses (OPEX), while allowing the pipeline operator's customers to increase the number of barrels they can move through that pipeline each day.
STWA's new Enhanced Oil Transport System, (known as AOT™) is being evaluated by both pipeline and production companies as a turn-key solution to unlocking the maximum flow rates currently choked by the lack of pipeline carrying capacity.
AOT™ has been independently verified and tested by the United States Department of Energy, Temple University, The U.S. National Institute of Standards and Technology, and China Petroleum Pipeline Bureau. Each of the studies and tests have independently confirmed the efficacy of AOT™ for the reduction of crude oil viscosity and are available on the Company's website.
"Applied Oil Technology™" and "AOT™" are 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 41 domestic and international patents and patents pending, which have been developed in conjunction with and exclusively licensed from Temple University. STWA's technologies include Applied Oil Technology™ (AOT™), which is designed to improve oil flow through pipelines. AOT™ has been proven in U.S. Department of Energy tests to increase the energy efficiency of oil pipeline pump stations. ELEKTRA™ improves diesel engine efficiency for industrial diesel engines, as well as diesel-powered trucks, trains, marine vessels, military fleets and jet turbines. More information including a company Fact Sheet, logos and media articles are available at: www.stwa.com.
A 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.
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