PORTLAND, Ore., April 23, 2015 /PRNewswire/ -- NITROHEAT, a
wholly owned subsidiary of AUTRIS (OTCQB: AUTR) is proud to
announce the signing of a master international distributor
agreement with The Doctor's Touch (TDT), an automotive paint
restoration franchised organization with over 300 franchisees
internationally. TDT is part of the Dr Vinyl Group in existence for
over 40 years. This franchise organization has a wide network of
both automotive and industrial partners in North America and Europe.
"We see this relationship as an excellent platform to promote
our NitroMax 30 and HeatPro 200 product lines via their established
automotive and industrial business relationships. All TDT
franchisees will be promoting the NITROHEAT products in their
respective territories, thereby giving us a much wider
representation in a minimal time frame. This agreement and
implementation is directly aligned to our strategy for mass
distribution," says NITROHEAT CEO, Derek
Naidoo.
The Nitromax 30 and HeatPro 200 products from NITROHEAT have
been in operation for over three years and have exceeded initial
performance targets. The emphasis on environmental benefits
alongside the improved efficiency and productivity levels are
proving to increase the market penetration of the NITROHEAT product
range. The partnership with TDT is expected to assist growth in
NITROHEAT sales by more than 20% for the 2015 fiscal year.
About AUTRIS
AUTRIS is an OTC publicly traded company. We are a dedicated
technology investment company with a current wholly owned
subsidiary NITROHEAT (www.nitroheat.com). The company is
strategically positioned for additional acquisitions in the
automotive and technology sectors. Our focus is to continue the
development and growth of NITROHEAT whilst exploring additional
opportunities related to nitrogen generator and compressed gas
technologies.
About NITROHEAT
NITROHEAT is a wholly owned subsidiary of AUTRIS. NITROHEAT is a
manufacturer and distributor of innovative high performance air
filtration, heating and nitrogen generation equipment. Manufactured
in the USA, the company utilizes
an equipment reseller network for the distribution of its products.
Core Products are the Nitromax30 (heated nitrogen generation),
MaxDry 200 (High performance filtration, membrane dryer and
compressed air heater) and HeatPro200 (Compressed Air Heater)
The statements contained herein may include statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. In addition to statements which are
forward-looking by reason of context, the words "may", "will",
"should", "expects", "plans", "intends", "anticipates", "believes",
"estimates", "predicts", "potential", or "continue" and similar
expressions identify forward-looking statements.
Actual results, performance or events may differ materially from
those in such statements due to, without limitation, (i) general
economic conditions, including in particular economic conditions in
the AUTRIS core business and core markets, (ii) performance of
financial markets, including emerging markets, and including market
volatility, liquidity. Many of these factors may be more likely to
occur, or more pronounced, as a result of terrorist activities and
their consequences.
The matters discussed herein may also be affected by risks and
uncertainties described from time to time in AUTRIS filings with
the U.S. Securities and Exchange Commission. The company assumes no
obligation to update any forward-looking statement
Contact Info:
Derek Naidoo
President and CEO
Tel: (800)-931-3472
Fax: (866)-437-1405
info@autris.net
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SOURCE AUTRIS
