SOURCE: Hitor Group

August 01, 2012 09:00 ET

Hitor Group Executes Exclusive Worldwide Licencing Agreement for NuGuard™ Home Systems Technology

KIRKLAND, WA--(Marketwire - Aug 1, 2012) -  Hitor Group, Inc. (OTCQB: HITR) (BERLIN: HTOG) -- Hitor Group has secured the exclusive global rights to NuGuard™ Home Systems Technology. The contract provides Hitor a panel housing technology that is more cost effective and efficient than any competing method. Additionally, it features a double loop factory system that allows Hitor to deliver housing on a mass scale with significantly reduced labor and energy costs. The panels are light weight, made from an environmentally inert material and meet or exceed the durability and structural efficiencies of any competing products on the market. "The Technology lends itself very well to function not only in the Autosan (www.autosan.pl/en) plant in Poland but anywhere in the world. We are excited to enter into this lucrative market where such a huge demand exists with such a clear competitive advantage." Ken Martin.

About Hitor Group
Hitor Group is an industry leading Environmental Technology Accelerator that delivers best-in-class 'green' technology solutions for a better world. Hitor applies capital and best-in-class business practices to integrate green technologies, expand distribution channels, and catalyze rapid and profitable growth. Synergistic and proprietary technologies that can provide viable economic solutions to serve commercial markets along with developing communities are sourced worldwide. The global demand for solutions to these challenges has never been greater and at the same time innovations in technologies for solutions have arrived. Our goal is to bring these applications to this growing market segment and create shareholder value. To learn more about The Hitor Group, please visit our website at www.hitorgroup.com

Forward-Looking Statements
Any statements that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our most recent Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations.

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