SOURCE: PTA Holdings Inc.

PTA Holdings Inc.

February 15, 2012 16:05 ET

PTA Holdings, Inc. to Accelerate Production of Its Fuel Saving Oil

CLEVELAND, GA--(Marketwire - Feb 15, 2012) - PTA Holdings, Inc. (PINKSHEETS: PTAH) announced today that it has obtained the former Chrysler / Jeep Dealership in Cleveland, GA as its new facility to accelerate production of its fuel saving oil.

The new location is situated on 4.8 acres and is next to one of north Georgia's largest Ford dealerships. "The new facility is ideal for the ongoing interaction with the automotive/diesel service industry. It's double the size of our previous location and will allow us to work on our new product developments. In the last few years we have desired a larger facility to be able to accommodate production of our oil products and this facility should allow us to ramp up production within the next few months," stated Ted Leverette, CEO of PTA Holdings, Inc.

Leverette continued, "We have been engineering our oil products for the last 5 years which consists of a premium blend of synthetic motor oils with proprietary additives that significantly reduce friction in piston fired engines, thereby creating fuel savings for our customers. The product has been tested locally on a wide array of automobiles, trucks and machinery with consistent performance results."

About PTA Holdings, Inc.:

PTA Holdings, Inc. ("PTA") is a diversified holding company. The Company acquired ProFlow, Inc. in April 2007. ProFlow, Inc. is a Georgia based Automotive Service Center that specializes in the development of special Oil's for domestic, foreign and diesel engines. The company has developed and designed fuel saving processes, for the automobile and trucking industry that can have a dramatic effect on fuel consumption. Additional information can be found on the company's website:

Forward-Looking Statements

This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

Contact Information

  • Contact:
    PTA Holdings, Inc.
    Ted Leverette