KIRKLAND, WA--(Marketwire - Jun 26, 2012) - The Hitor Group, Inc. (PINKSHEETS: HITR) (BERLIN: HTOG) - 2011 was a year of steady, continuous forward momentum for the company. We will continue this development with several new initiatives for 2012. We have boosted our management team and developed new relationships around the globe to support the company's path towards achieving sales revenue.
There has been tremendous activity and interest in both of our lead products in the first quarter of 2012. The Nano-Jet (NJCT) is still undergoing testing and we look forward to delivering tangible results from these several years of efforts. Hitor Construction continues to advance towards securing several significant housing contracts as well as financing for the first European plant. Working with both of these products along with several others has led us to identify a vast global demand for products of this nature. The need is clearly evident and we have rebranded ourselves to take advantage of the opportunity.
Further, Hitor had broadened communications through an increased social media presence, a re-design of our website and the creation of a periodic E-Newsletter, all of which will keep you and the community updated on upcoming activities and accomplishments.
"We are committed to creating success through the building of this company on behalf of all stakeholders. Thank you for your continued support of Hitor. Please contact us through our website to answer any specific questions or concerns." Ken Martin, CEO
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.