SOURCE: WatchIt Technologies Inc.

March 01, 2012 08:30 ET

WatchIt Technologies Confirms the Ability to Develop a Multi-Million Dollar Pay-as-You-Go Model for Over-the-Road Truckers

ARDEN, NC--(Marketwire - Mar 1, 2012) - WatchIt Technologies Inc. "http://www.watchittech.com" (PINKSHEETS: WTCT) confirmed that recent testing has proven its Diesel Fuel Reformer unit can be disabled remotely without disrupting the operational running of the host vehicle.

Building on the recent success of the "run test," the company is continuing to evaluate the performance of the Diesel Fuel Reformer in a variety of conditions. Current evaluations include testing the vehicle with the Fuel Reformer installed but not operating.

The initial tests of operating the vehicle with the Fuel Reformer installed but in the "off" position have demonstrated the vehicle operates in a normal manner. These tests prove the unit maintains the integrity of the host vehicle whether functional or disengaged.

According to the technical staff, "We are excited to find that the unit does not impede operation as it allows us to tag the unit remotely, thus allowing us to bill on a percentage of fuel savings that would create a 'pay-as-you-go' model for any diesel fleet scenario."

About WatchIt Technologies Inc.:

WatchIt Technologies is an "incubator" for emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns to investors.

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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