SOURCE: EMTA Holdings, Inc.

June 24, 2008 13:10 ET

EMTA Holdings, Inc. Holds Informative Live Conference Call With Shareholders and Investors

SCOTTSDALE, AZ--(Marketwire - June 24, 2008) - EMTA Holdings, Inc., (OTCBB: EMHD), maker of XenTx™, Synergyn™ and other engine treatment and fuel efficiency products, held a live, open conference call last Friday, June 20, with shareholders, investors and other interested parties to discuss the Company's current and future business opportunities, its financial position, and to answer all participant questions that were presented.

The highlights of the call's numerous points of information are:

  -- With respect to the Company's contract in Nigeria, the anticipated
     guarantee from Ex-Im Bank will provide EMTA Holdings with normal trade
     terms. This will allow the Company to borrow from U.S. Banks against
     such guarantees, with the full faith and credit of the U.S. government

  -- Senior corporate executives from EMTA Holdings, Inc. will visit
     Nigeria in late July or early August to meet with government officials
     regarding the use of the Company's CB-LE additive in that country's
     diesel fuel to reduce pollution and increase fuel efficiency.

  -- The Company's existing contract with its largest private label
     customer is expanding rapidly.

  -- The Synergyn product line continues to expand its client base.

  -- The Clean Boost - Low Emissions (CB-LE) product received unconditional
     approval from the Texas Commission on Environmental Quality. This has
     allowed the Company to enter into negotiations for a licensing
     agreement with a major chemicals company. Under this proposed
     licensing agreement, this yet-named company will produce and sell
     CB-LE to refineries and diesel distributors throughout Texas. This
     arrangement will provide EMTA Holdings with an approximate 90% gross

  -- There is yet another independent test currently on-going by a local
     trucking company, and to date they have produced a 10% fuel efficiency
     using a combination of XenTx products. These results are consistent
     with other independent testing results the Company has reported in
     previous press releases.

  -- The Company will continue to raise capital through the equity process,
     and it has started the next round of equity participation to meet its
     growing demand for inventory production and increasing accounts
     receivable. With losses through the year ended March 31, 2008, funding
     through traditional banking sources continues to be limited. Increased
     earnings and equity build up would allow us to seek these more
     traditional sources of financing.

  -- In answer to the question regarding whether "insiders" have been
     selling shares, Ed Lonergan assured participants that there were no
     trades by officers or directors  in the last year.  The insider trades
     reported occurred more than a year ago when Mr. Lonergan sold some
     shares and put the proceeds into the Company for operations. As a
     reminder, every time an insider sells or acquires shares in his or
     her company a Form 4 must be filed with the SEC. These and other
     required filings are visible to investors via the EDGAR database

  -- Total Shares currently outstanding are 60,317,391, with an estimated
     20,594,885 in the float.

  -- On the financial side:

       The first quarter ending June 30, 2008 revenue is expected to be
       less than originally projected, now likely in the range of
       $1.8 million - $2.1 million. The Company attributes this to
       inventory funding requirements and delivery of raw materials

       Projections for EMTA's fiscal year ending March 31, 2009 indicate
       a revenue climb from $2.8 million to $32 million, up from the
       previous estimate of $22 million. This will provide a net profit
       ratio of 22%, or $6.6 million equaling about $0.10 per share. If
       traditional industry valuations and multiples are used, this would
       put the stock at $1.50 by that date.

About EMTA Holdings

EMTA Holdings, Inc., develops and manufactures innovative products to conserve energy, particularly for petroleum-based fuels. The Company's engine and fuel additives are marketed under the brands XenTx™, Synergyn™, and CleanBoost™ brands, and are sold both to commercial and retail customers. They are available from key distributors, major automotive retailers and online at For additional information on EMTA products, please visit

Forward-Looking Statements: This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of EMTA Corp. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission.

Contact Information


    Larry Downs
    Director of Communications
    Equiti-trend Advisors LLC
    800-585-6988 Toll-Free
    858-436-3350 Local or International
    Email Contact


    Paula C. Wright
    VP IR/PR/Media
    EMTA Holdings, Inc.
    Email Contact