Volvo Powertrain Grants OEM Approval for COLV’s Exclusively Marketed HI-TEK25, 15W40 Diesel Motor Oil Product
MOORESVILLE, N.C., Jan. 3, 2012 /PRNewswire/ — Coastal Integrated Services, Inc. (PINKSHEETS CURRENT: COLV) is proud to announce that OEM Worldwide Approval has been received by Revolution Oil, Inc., COLV’s supply company for Volvo/Mack/Renault diesel trucks.
The HI-TEK25 Diesel Motor Oil approval is the highest validation of its kind in the industry. “We believe that Volvo’s approval provides the validation that we have been expecting HI-TEK25 to receive and feel that achieving this benchmark is just the first in a series of developments to occur in 2012 which will elevate COLV exponentially,” said company President, Butch Conz.
HI-TEK25 Diesel Motor Oil saves 5% to 15% in fuel costs. The OEM Approval from Volvo/Mack/Renault covers a large portion of trucks on the road in the United States and Canada. Volvo/Mack is one of the big three in diesel trucks in North America.
“Our company has already been in contact with over 20 trucking companies that institute Volvo and/or Mack trucks in their entire fleet or at least the majority of their fleet. Just the trucking companies that we are targeting with Volvo’s and Macks in their fleets have the potential of creating over $900,000.00 in revenues per quarter by the end of the fiscal year,” said Coastal president, Butch Conz.
About Coastal Integrated Services, Inc.
Coastal Integrated Services (www.coastalintegratedservices.com) is a multi-faceted company with its focus in identifying technologies and companies that can produce products that will increase corporate revenue, shareholder value and reduce our clients’ carbon foot print (an environmentally conscious company). The company will combine the experience of its people with the strength of its strategic alliances to create and identify new opportunities in the oil & gas, energy and transportation industries. Through its newly acquired subsidiary Revolution Products, the company plans to market and sell a full line of superior lubricants to the transportation industry, with a focus on saving fuel as well as reducing emissions and engine wear. The company’s primary focus will be to put its resources into marketing the HI-TEK25 15W40 Diesel Motor Oil to trucking companies nationwide. The company is confident that if prospective clients test the product, they will change over their entire fleet after viewing the result.
Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.
The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
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SOURCE Coastal Integrated Services, Inc.