Robix Alternative Fuels Inc.
CNSX : RZX
FRANKFURT : R0X

Robix Alternative Fuels Inc.

October 02, 2014 06:30 ET

Robix Sets Up COV Construction Photo Gallery and Targets Q4 for COV Launch

LETHBRIDGE, ALBERTA--(Marketwired - Oct. 2, 2014) - Robix Alternative Fuels Inc. ("Robix" or the "Corporation") (CSE:RZX) (FRANKFURT:R0X) announced today that the construction of the first commercial Clean Ocean Vessel (COV) is progressing, with a Q4 2014 target for launch. All materials have been received and construction of the COV is partially complete at Rayco Steel Ltd, of Sparwood, British Columbia.

Robix is launching a photo gallery on its website to show the progression of the COV construction. Please visit http://www.robixfuels.com/Robix%20photos/. Pictures will be uploaded periodically as construction progresses.

Working closely with the consulting marine engineers, architects and Transport Canada, Robix has made significant engineering improvements to the original COV designed and built in the 1990s. These enhancements will ensure compliance with 2014 certifications, and improve operating parameters of the COV. The 40ft COV is a twin-hull (catamaran) design with contra rotating drums capable of recovering oil from water in virtually any sea conditions. To date, approximately 50% of one hull has been fabricated with all the components cut and ready for assembly of the second hull. Fabrication of the drums is complete, and they are being prepared to be precision turned and balanced before assembly into the COV. Management is expecting to demonstrate the COV to key customers and officials on the west coast of Canada in Q4 2014.

"I am pleased with the progress to date on the COV, especially with the engineering improvements we have made that will enable us to make a more state-of-the-art product, compliant with 21st century certification requirements" commented Nathan Hansen President and CEO of Robix. "Working with Transport Canada throughout this design optimization and construction phase should enable us to easily meet and exceed global regulations for sea worthiness. When we demonstrate the COV in the coming quarter to our key potential customers, they will be viewing the latest oil recovery technology on the market. I expect the market demand for this product to be strong and we will be ready to take orders."

About Robix:

The Corporation is an "industrial products/technology" company, offering to investors a unique opportunity to participate in a leading company in the business of ownership of patents, and their development from commercialization to worldwide expansion through various business arrangements. Robix owns a Clean Ocean Vessel ("COV") patent, which is an oil spill recovery vessel design with the capability to recover oil in rough and debris laden sea conditions. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry, and it proposes to develop a business model as a service provider, and/or equipment provider under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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