Infinite Networks Announces Testing of the First Two Engines
28 Februar 2006 - 2:14PM
Business Wire
Infinite Networks Corporation (Pink Sheets:INNX) and Combustible
Engine Technology, LLC (CET, LLC) a wholly owned subsidiary,
announced today that the first two Combustible Engine Technology
engines are expected to meet scheduled testing within the next two
weeks. The announcement was made by John W. Bush, President of
Infinite Networks Corporation. In an interview Mr. Bush stated, "Al
Solaroli, CEO of CET, LLC announced to the Board of Directors his
plan to have the first two CET engines tested by March 15th." The
company also announced that its new Chairman, Mr. Donald Miller,
has brought immediate focus to the Infinite Networks strategic
direction. In an interview with Mr. Miller he stated, "Infinite's
acquisition of CET, LLC comprising the worldwide license holdings
of Combustible Engine Technology, LLC, deserves the maximum focus
and resources of Infinite. The Board of Directors of Infinite has
agreed, as soon as feasibly possible, to divest itself of its
communications and media business applications. We are now in the
final stages of third party validation and test of the first
engines built by CET, LLC for a major Marine boat manufacturer. We
are excited about the anticipated results of this Independent Third
Party testing program, and, most importantly, the potential
worldwide opportunities for the future." Infinite markets High
Efficient Advance Technology "H.E.A.T." through CET, LLC for the
global Automotive and Marine/Boating industries. This release
contains forward-looking statements that are made pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of
1995. Some of the statements contained in this press release
include forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended (the "Securities
Act"), and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), that involve substantial risks and
uncertainties. Some of the forward-looking statements can be
identified by the use of words such as "anticipate," "believe,"
"estimate," "may," "intend," "expect," "will," "should," "seeks" or
other similar expressions. Forward-looking statements are based
largely on management's expectations and involve inherent risks and
uncertainties. These risks include, but are not limited to, the
demand for implementation of Infinite Networks Corporation services
and the ability of the company to successfully implement its
strategies, each of which may be impacted, among other things, by
economic and/or competitive conditions. You should not place undue
reliance on any forward-looking statement, which speaks only as of
the date made. Many of these factors are beyond our control. The
Company cautions that the foregoing factors are not exclusive.
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