SOURCE: WatchIt Technologies Inc.

November 15, 2011 08:31 ET

WatchIt Technologies Provides Updates on Fuel Reformer Progress

ARDEN, NC--(Marketwire - Nov 15, 2011) - (PINKSHEETS: WTCT) WatchIt Technologies announced today that the company has made significant progress on the development of the diesel version of the company's patent pending fuel savings device, the fuel reformer.

According to the company, the multi-phased testing plan has been set for the diesel version. The first phase will begin in December on the company's dyno-meter. Road tests utilizing the company's Ford F250 7.3L diesel, as well as some preliminary testing on a larger vehicle to ensure compatibility with "Big Rigs," is scheduled for January. The final phase of testing has already been tentatively scheduled for the middle of February at the same fuel lab that will do the testing on the gas version of the fuel reformer. Testing at the fuel lab will be on an engine that is the equivalent to one that is found in many over-the-road trucks and larger delivery and service vehicles.

WTCT is actively continuing its plan to complete the testing and evaluation of the gas version of the fuel reformer as quickly as time will allow. The company's upgrade to the current year's design, negotiating the terms of the capital infusion and the recent rise in interest by a military subcontractor for a specialized version of the diesel fuel reformer, has delayed the testing of the fuel reformer.

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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    Source: WatchIt Technologies Inc
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