SOURCE: Save the World Air, Inc.

Save The World Air, Inc.

December 09, 2010 07:30 ET

Company Achieves Payment Obligation With Temple University for AOT Licensing Agreement

STWA Satisfies Payments of $285k to Temple Covering AOT Licensing Agreement

SANTA BARBARA, CA--(Marketwire - December 9, 2010) - STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, announced today that it has reached an important milestone making significant progress to satisfy outstanding payments to Temple University. In addition to $285,000 paid to Temple in the past three months, the company continues to develop a maturing intellectual property portfolio.

Finalizing principal payment obligations for Applied Oil Technology's (AOT™) worldwide exclusive licensing and sublicensing authority marks a watershed event toward unlocking subsequent licensing agreements between the Company and the University.

"STWA continues to fulfill the obligations set forth in our agreement," stated Stephen Nappi, Director of Technology Transfer, Temple University. "STWA's commitment to this technology and the process of securing and developing the IP around it is critical for us to advance beyond our current agreement into further licensing negotiations. This technology may have a substantial impact across many industries and our primary objective remains focused on bringing it to market."

"Like it or not, 85% of the world's energy comes from a hydrocarbon, and this will not change overnight," stated Cecil Bond Kyte, Chairman and CEO of STWA, Inc. "It is critical to remain focused on technologies like AOT™ and related applications to serve as an 'extension cord' between fossil fuels and maturing alternative energies. Honoring existing obligations galvanizes our relationship with Temple and our future mutual prosperity."

About STWA, Inc.

STWA, Inc. (OTCBB: ZERO) is an innovative company creating technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets. The Company's Patented and Patent Pending technologies, including AOT™ (Applied Oil Technology), under development with Temple University, and ELEKTRA™ (for Improved Diesel Engine Efficiency), provide efficient and cost-effective means of improving the efficacy of crude oil transport and diesel engine efficiency to assist in meeting global increasing energy demands and emission quality standards. Applications include: AOT™ Crude oil extraction & delivery systems, including oil platforms, oil fields and pipeline transmission systems, and (ELEKTRA™) Diesel trucks, trains, marine vessels, military fleets and jet turbines.

More information including a company Fact Sheet, logos and media articles are available at:
http://www.irthcommunications.com/clients_ZERO.php, and at: http://www.stwa.com

Safe Harbor Statement

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

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