Three Tech Companies in the news: Echo Automotive, Soul & Vibe Interactive and Gevo


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PK:ECAU / PK:SOUL
03/06/2013 [ACCESSWIRE]

CORAL SPRINGS, FL - Seatro Communications news coverage for Echo Automotive, Inc. (OTCQB: ECAU), Soul and Vibe Interactive Inc. (OTCQB: SOUL) and Gevo, Inc. (NASDAQ: GEVO)

Echo Automotive, Inc. (OTCQB: ECAU) ("Echo Automotive," "Echo" or the "Company"), a developer of technologies enabling the cost effective conversion of existing fleet vehicles into fuel efficient hybrids and plug-in hybrids, is excited to announce the development of the first ever, detailed and full-size EchoDrive Chassis display which is making its inaugural debut this week at the NTEA (National Truck Equipment Association) Show in Indianapolis, Indiana.  "We have been anticipating the commercial release of our technology and wanted to display it in a way that can be easily conveyed to our customers," explains President of Echo Automotive, Jason Plotke. He further adds, "Our chassis display is an actual vehicle that has been stripped down to the frame and transformed into the ultimate display showcasing our product and just how easily EchoDrive mounts to the vehicle."

To read all ECAU headlines go to: http://finance.yahoo.com/q/h?s=ECAU+Headlines

Soul and Vibe Interactive Inc. (OTCQB: SOUL), "The Company," a video and computer games company, has designed its product launch infrastructure to deliver each game title on multiple platforms. Soul and Vibe's product portfolio is a mix of licensed-brand and internally generated, wholly-owned intellectual properties. Leveraging the Company's multi-platform strategy, Soul and Vibe's games will be released on platforms that include consoles, mobile devices, and personal computers. Games playable on mobile devices, such as the Windows Phone, Apple iOS devices, and the Android platform, are revenue-generating marketing vehicles for the Company's console and PC releases.

To read all SOUL headlines go to: http://finance.yahoo.com/q/h?s=SOUL+Headlines

Gevo, Inc. (NASDAQ: GEVO) announced its financial results for the three months ended December 31, 2012.  "We are pleased with the progress we've made optimizing our technology over the past three months and remain on-track to restart isobutanol production at Luverne this year," said Patrick Gruber Ph.D., Chief Executive Officer of Gevo. "After assuming the additional role of Chief Technology Officer, Chris Ryan has done an exceptional job orienting our technology team towards achieving our goals of producing isobutanol consistently and at commercially viable rates. Our market development work with strategic customers such as Coca-Cola, Toray, the United States Air Force, and Sasol is moving forward and we look forward to turning this work into revenues as soon as possible."   Revenues for the fourth quarter of 2012 were $1.9 million compared to $17.2 million in the same period in 2011. The decrease in revenues resulted from the company suspending ethanol production at its Luverne, Minn. facility in May 2012. During the fourth quarter of 2012, the company concluded initial startup operations for the production of isobutanol at its Luverne facility. As previously announced, following completion of startup operations, production was temporarily paused to allow the company to focus on optimizing specific parts of its technology to further enhance isobutanol production rates. Production from startup operations will be directed to initial sales, customer testing, and future conversion into jet fuel for the U.S. Air Force (USAF).

To read all GEVO headlines go to: http://finance.yahoo.com/q/h?s=GEVO+Headlines

 

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The Seatro Group, Inc. (TSG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  TSG is NOT affiliated in any manner with any company mentioned herein.

TSG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and TSG undertakes no obligation to update such statements.

 

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