EMTA Holdings Inc, an energy, fuel and environmental conservation company, today announced that it has named former State Senator Ken Bennett to the Company's Board of Directors.
Mr. Bennett was interviewed about his new role at EMTA on the popular Pat McMahon Show, on Phoenix-area radio station KTAR (92.3 FM), Tuesday, May 22 at 2 PM Arizona time. In the interview, he discussed that his goal, after leaving the Senate, was to be involved in reducing America's dependency on foreign oil. Joining the Board of Directors of EMTA has given him the opportunity to meet that goal. He also discussed EMTA's breakthrough products -- which have been proven to reduce engine friction, improve fuel economy and reduce emissions. He gave the example that if the XenTx CB-LE product was used in 75,000 "big" diesel trucks in Arizona alone, it would reduce those truck emissions by 10% which equates to 50 tons less per day of emission pollution into the air as well as reducing fuel costs. To hear the Pat McMahon Show interview, go to The Pat McMahon Show - Past Commentaries at www.xentx.com.
Mr. Bennett, 48, a lifelong resident of Arizona, has gained statewide prominence as a Republican State Senator in Arizona from 1998 to 2006, where he served as President for four years and sat on the Rules Committee. Previously in the 1990s, he served on the Arizona State Board of Education, the Arizona State Charter Schools Board, the Governor's Task Force on Education Reform and the Education Leaders Council in Washington, D.C. He was also CEO and President of Bennett's Oil Co. in Prescott, Arizona, a family business he had led since 1984.
Edmond Lonergan, CEO of EMTA, stated, "We are delighted that Ken Bennett has agreed to join the Board of Directors of EMTA. He brings a high level of experience in the fuel industry and in state politics, both critical areas for EMTA whose innovative products are dedicated to enhancing engine performance, reducing fuel consumption, extending equipment life, reducing emissions and promoting environmental safety."
About EMTA
EMTA Holdings Inc. is a holding company currently engaged in providing innovative solutions to conserve energy usage, particularly for petroleum-based fuels. The Company has developed unique products that are sold to industrial and commercial customers as well as to retail consumers. In addition, the Company is currently developing three new lubrication products and is interested in identifying future merger opportunities.
The Company's lead family of XenTx(TM) products are available from key distributors, major automotive retailers and at www.xentx.com. For additional information please visit www.emtacorp.com or www.xentx.com.
This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of EMTA Corp. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission.
Consulting For Strategic Growth1, Ltd. ("CFSG1") provides EMTA Holdings Inc. ("the Company") with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG1's receipt of cash compensation from the Company, CFSG1 may choose to purchase the company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.
Contact:
CONTACTS:
Investor Relations:
Stan Wunderlich
Consulting for Strategic Growth 1, Ltd.
800 Second Avenue, 5th Floor
New York, NY 10017
(800) 625-2236
Email Contact
http://www.CFSG1.com
Media Relations:
Dan Stepanek
EVP
Consulting For Strategic Growth 1
212-896-1202
Email Contact
Stuart Fine
Carpe DM Inc.
908-490-0075
Email Contact
Source: EMTA Holdings Inc.
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