Vista Plans European Expansion
(firmenpresse) - DENVER, CO -- (Marketwired) -- 05/13/13 -- Vista International Technologies, Inc. (OTCQB: VVIT), a pioneer in efficient Waste-to-Energy technology, is pleased to give its investors an update on the planned expansion of its operations into Europe.
The company recently submitted its application to be listed on the Stuttgart stock exchange in Germany, and expects to be accepted for trading on the exchange in the next few weeks. This listing is one of the final requirements for the planned investment of up to $6 million into the company. The investment is proceeding as planned and, upon its completion, will allow the company to implement its planned expansion into Europe. The company has received significant interest across a number of countries in eastern Europe, and upon closing of the investment will be meeting with local and regional officials regarding the placement of Vista waste-to-energy systems to solve their disposal issues.
CEO Tim Ruddy commented on the events. "The expansion of European operations is critical to our moving forward as a company. The aged condition of many of the landfills in Europe, coupled with stringent environmental regulations regarding waste disposal have created an excellent opportunity for Vista's proven waste-to-energy technology. And as we create a market presence for the Thermal Gasifier in Europe, it is important for our shares to be easily traded by European investors in their home countries."
Vista International Technologies, Inc. has been producing Waste-to-Energy gasification systems for over twenty years, with installations across three continents. The Company's technology has low costs of installation and operation, and allows for the processing of virtually any hydrocarbon-based waste product, including municipal solid waste, waste tires, waste coal, sewage sludge, animal waste, and biomass, among others. The company's Waste-to-Energy systems are emission friendly and extremely efficient, and can be used to produce heat, steam, and/or electricity.
For more information on Vista or this release, please visit , or call 303 690 8300.
Vista International Technologies, Inc.
303 690 8300
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Datum: 13.05.2013 - 14:30 Uhr
Sprache: Deutsch
News-ID 1226636
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