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Share Name | Share Symbol | Market | Type |
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SPO Networks Inc (CE) | USOTC:SPOI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0002 | 0.00 | 01:00:00 |
FARMINGTON, Ark., July 18, 2012 /PRNewswire/ -- Highline Technical Innovations Inc. (OTC: HLNT) announces progress with EPA certification of its HOSS UTV. HTI reported that its HOSS UTV is required to meet or exceed four milestones before achieving final certification from the EPA. The first milestone, for initial emissions test on the HOSS engine, was successfully met in April 2012. The remaining three milestones are EPA emissions tests at 2,500, 5,000 and 10,000 kilometers individual runs. These tests are performed on a stationary Dynamometer. The HOSS UTV successfully met or exceeded the 2,500 kilometer standard. The 5,000 kilometer phase of the certification requirements has begun. The lab performing the EPA certification, anticipates the testing will be completed by late September with final EPA certification anticipated by the end of October."We are pleased with our progress," stated Chad Coats, CEO of HTI. "We, along with our joint venture partner, Dong Feng Motors, have and will continue to patiently wait for the issuance of the EPA certificate. It is a long and arduous process, but absolutely necessary if we want the HOSS to be the success we believe it can be."
EPA testing is one of the highest and most stringent compilation of standards in the world. Coats stated that both HTI and Dong Feng believe that with this EPA approval, not only will the HOSS be available for sale in the United States, but approval will also add tremendous value to international marketing efforts of the HOSS.
This release includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. These statements can generally be identified by phrases such "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" and similar expressions that indicate trends and future events. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ.
About Highline Technical Innovations, Inc.
HTI is a publicly traded corporation (OTC: HLNT) dedicated to producing innovative, high quality products that are both economical and healthy for the environment. The company maintains offices and manufacturing sites in Northwest Arkansas.
Contact: Jackie Colansante
j.colansante@hyimpact.com
SOURCE Highline Technical Innovations Inc.
Copyright 2012 PR Newswire
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