SANTA ANA, CA -- (Marketwired) -- 11/5/13 – SaviCorp© (PINKSHEETS: SVMI), is pleased to announce that it is moving forward on its application to the United States General Services Administration (GSA), filed earlier this year. The company is seeking to establish long-term, high volume government contracts that will allow it to increase commercial production of its widely popular automotive emission reduction technologies.
Following the acquisition of two comprehensive emission reduction patents in Australia and Israel, SaviCorp® is seeking to capitalize on the demand for its superior emission reduction technologies on a worldwide level. Application to the GSA marks a heralding step in the company’s efforts to bring its products to a more global scale, through commercial retailers participating in the GSA’s services.
An approval by the GSA would generate numerous large volume orders through existing long-term government procurement contracts with commercial firms. This could significantly increase domestic and foreign demand for SaviCorp®’s products. The GSA provides access to millions of commercial products and services at volume discount pricing, allowing retailers to take advantage of bulk orders. As a GSA contract supplier, SaviCorp® could expect to enjoy the benefits of substantially increased demand for its products.
“A partnership with the GSA would be a huge step forward for us because it would trigger a tremendous expansion for our products in the global marketplace,” said Serge Monros, CEO of SaviCorp®. “The issuance of our new patents combined with a continually expanding line of top-quality products suggests that we’re ready to take the next step towards global growth.”
“A partnership with the GSA will act as a lynchpin for SaviCorp® by opening the door to more high-level partnerships all over the world. The company is already working to prepare applications which we expect will result in contracts to supply our products to governmental and military agencies all over the planet. Licensing relationships currently under negotiation are expected to enable us to meet the increased level of demand through our family of worldwide vendors.”
To learn more about SaviCorp®, its products or to learn more about upcoming ventures, please visit the company website at http://www.savicorp.com/.
SaviCorp® 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 its patented supplementary vehicle Emissions Reduction Technologies (ERT). 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.
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SaviCorp, Inc., formerly known as Savi Media Group, Inc.
Toll Free: 877-611-7284