dPollution International Inc.

dPollution International Inc.

January 26, 2011 08:31 ET

dPollution Counters Rumors of Chairman's Health

NEW YORK, NEW YORK--(Marketwire - Jan. 26, 2011) - dPollution International Inc. (PINK SHEETS:RMGX) reported today that dPollution's President and Chief Executive Officer Rocco Di Fruscia is in good health.

The announcement is a response to investor speculation about the state of Mr. Di Fruscia's health, which dPollution believes has been the catalyst for the recent reduction in value of the company's share price.

Mr. Di Fruscia was admitted to hospital while travelling to Utah, on January 17, but has since received a clean bill of health from his doctor.

In the week since Mr. Di Fruscia's hospitalization, dPollution's share price has declined by almost 50 per cent, including today's decline of 17 per cent.

"The company is concerned that unfounded speculation about Mr. Di Fruscia's health has led to the price decline," said Michael Di Pumpo. "The reality is that Mr. Di Fruscia's health is fine, but rumors spread quickly in the public markets today, and investors can easily get the wrong message."

Added Mr. Di Pumpo, "dPollution is executing well. On February 15, dPollution is scheduled to ship the first 1,000 units of a 3,000-unit order for its patented dPollution Device to the association of tourist bus drivers in the Province of Lazio, Italy. This is the first of many European sales we expect to announce in the coming months. Bottom line, the company is in great shape, and we're advancing on target with our business plan. No management have sold any shares to date and in our view, the recent price decline is in fact a great buying opportunity for value-hunting investors."

About dPollution International Inc.

dPollution (PINK SHEETS:RMGX) owns the exclusive manufacturing and distribution rights to a patented fuel-conditioning technology that reduces polluting emissions and increases mileage. dPollution's innovative products improve engine performance by causing fuel to combust more efficiently and completely. The technology works on all closed-combustion engines, including those used in cars, trucks, buses, trains and heavy equipment. For more information, visit www.dPollution.com.

Forward looking statements

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Risk factors listed from time to time in its news releases and its filings with the PinkSheet OTC Market Services may impact the Company's actual performance and future results. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in forward-looking statements.

Contact Information

  • dPollution International Inc.
    Rocco Di Fruscia
    President & CEO
    514 586-3799
    dPollution International Inc.
    Michael Di Pumpo
    Public Relations
    514 586-3799