SOURCE: WatchIt Technologies Inc.

December 17, 2010 08:30 ET

WatchIt Technologies Completes Testing of the "Fuel Reformer," Results Exceed Expectations

Company Acquires Diesel Test Vehicle

ARDEN, NC--(Marketwire - December 17, 2010) -  WatchIt Technologies Inc. (PINKSHEETS: WTCT) announced today that it has completed the testing on the patent pending "fuel reformer" at the Environmental Testing Corporation, a high altitude, EPA certified Facility, in Denver, Colorado.

The tests were being performed in a controlled, independent laboratory setting the company has contracted with to verify in-house test results. According to the company, the last set of tests were completed this week, with the results to be published in a white paper that will detail the findings.

According to Dr. Max Bennett, President and CEO of WatchIt Technologies, "The test results performed by Environmental Testing Corporation (ETC) are very detailed and contain a wealth of information that will take time to completely digest. At this point we do know that the results are extremely positive and have exceeded our expectations."

"Based on the results of the testing, the company has acquired a diesel test vehicle to begin the testing cycle for a diesel version of the fuel reformer," stated Dr Max Bennett, President and CEO of WatchIt Technologies Inc. "Continuing the development of the diesel version of the fuel reformer is a major step for the company, especially when we may be able to combine fuel savings and tremendous reduction in emissions"

The company has also announced that it can be followed on Twitter (http://twitter.com/watchittech). The company invites its shareholders, both current and potential, to sign up for WatchIt Technologies Twitter account and learn about current happenings and pertinent information on the company and other "Green Technologies." 

About WatchIt Technologies Inc.:

WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology."

It will offer management consultation to companies that meet its strict criteria and vetting process, and align those companies with individuals and financiers to help them achieve their financial goals and objectives.

Safe Harbor Act: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

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