SANTA ANA, Calif., Mar. 22, 2013 /PRNewswire via COMTEX/ -- SaviCorp® (otcpk: SVMI)
In an effort to help consumers on the price-point of SaviCorp's flagship, the DynoValve®, company President Victor Chu announced an immediate price adjustment. "With gasoline prices over $4.00 a gallon and higher in some parts of the country, drivers continue to feel the impact of fuel costs at home. Commercial fleets see the pressure on their bottom lines."
Chu has adjusted the suggested retail price of the DynoValve® to $399 and the fleet price to $349. "We really want to make the decision to invest in a DynoValve® more compelling because recovering the cost of its benefits will occur in less time. Consumers can now save $100 on each DynoValve® beginning today."
This move complements the increased awareness of the DynoValve® as highlighted on the front page of the March 12th Edition of the Orange County Register. "Inventor fires up big dream" followed by "Serge Monros hopes his automotive device will save the planet" read the introduction to the article by front page columnist David Whiting. The OC Register article (see link below) focused on Monros' efforts to "save the planet, one vehicle at a time" and how the company has been expanding its marketing and sales efforts to build SaviCorp® into a first class operation bringing increased revenues that will translate into increased shareholder value.
Orange County Register Article Featuring Serge Monros
"We've already seen great response in interest for the DynoValve® after the release of the article and have our installation team working on local customers who want to have the device installed in their vehicles," says Monros.
Innovation, reducing costs, and reducing emissions are the cornerstones of the DynoValve® and passions of its inventor and SaviCorp's Founder and CEO/CTO, Serge Monros. Monros holds over 30 patents and patent applications with more on the way. Most recently in January, his pollution control system patent no. 8,360,038 B2 01/29/13 was granted. The DynoValve® causes engines to run more efficiently and with less emissions and better fuel economy.
For more information about SaviCorp® and their signature DynoValve product, visit www.savicorp.com
SaviCorp® (savicorp.com) is an innovative automotive technology company that licenses, manufactures, distributes and services an array of patented technologies and products that reduce harmful emissions and improve fuel efficiency. The Company, an evolution of more than twenty years of automotive engine emissions testing, materials research and development, was formed to create, support and license our patented supplementary vehicle Emissions Reduction Technologies (ERT) to reduce emissions and improve efficiency. Using proprietary methods and processes, the Company's flagship DynoValve® system protects the environment, lessens an engine's carbon offsets, increases gas mileage, and improves engine performance resulting in dramatic savings in both fuel and oil.
Forward-Looking Statement Disclosure
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.