Burner Technology, Inc. Announces Research and Development Agreementadmin
SAN DIEGO, CA / ACCESSWIRE / March 31, 2014 / Burner Technology, Inc. today announced that it has signed a licensing agreement with Burner Technology and Research, Inc. for a proven and proprietary Brine Concentration Technology. Burner Technology intends to satisfy the increasing demand for on-site brine processing and electricity in the large and rapidly growing oil and gas water disposal market. Their “green” technology not only reduces an oil and gas operator’s carbon footprint but also lowers their water disposal and electricity expenses. A pilot model will be completed and operational in the 4th quarter of 2015.
For more information please visit the web site at http://www.burnertec.com/.
About Burner Technology, Inc.
Burner Technology, Inc. is a Wyoming Corporation headquartered in San Diego, CA.
About Burner Technology and Research, Inc.(BTR) BTR, a San Diego based Research and Development company is the developer of the Supplemental Recovered Thermal System (SRT) – making possible water desalination and purification from low-grade waste heat for both military and commercial applications, SRT provides a reliable, flexible and cost-effective means to purify water. (http://www.burnertechnology.net/)
Safe Harbor Statement:
Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Director of Investor Relations
Posted: March 31st, 2014 under ACCESSWIRE.