ARDEN, NC--(Marketwire - October 22, 2010) - WatchIt Technologies Inc. (
"Rob brings a wealth of knowledge and expertise to the board of directors that will assist the company in meeting its current objectives," stated Brian Riley, President and CEO of WatchIt Technologies. "His extensive background in the automotive industry as well as product development and finance are all necessary attributes to benefit the bottom line and shareholder value of this company."
According to a WatchIt company spokesperson, Air Pure Systems Development is an established company that utilizes a patented technology to significantly decrease the fuel consumption of motorized vehicles and has the added benefit of reducing carbon outputs into the environment.
Mr. Ryon noted, "I am extremely pleased about my new role in WatchIt Technologies. I look forward to using my contacts and expertise in marketing, licensing, and contract negotiation, not only in the US, but in the Pacific Rim, Middle East and Asian arenas, to further the success of WatchIt. My expectation is that, with the combination of skill sets on the board of directors, we will make significant inroads in those endeavors WatchIt Technologies embarks upon."
WatchIt Technologies is actively seeking companies that have the attributes of being highly innovative and "first in" within their respective sector. Most companies partnering with WatchIt Technologies will have already completed their initial R&D and will need management consultation and financial assistance to take it to the next level of success and profitability.
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 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 them 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.
Contact Information:
Contact:
Investor Relations
WatchIt Technologies Inc.
1-828-483-4131
Website: www.watchittech.com