SaviCorp® CEO Serge Monros Urges Auto/Truck Fleet Owners to Install the DynoValve Technology

SANTA ANA, Calif., March 12, 2012 /PRNewswire/ -- SaviCorp® (Pinksheets: SVMI.PK)

As gas prices continue to climb and the economic recovery remains in jeopardy because of the current high cost for fuel, SaviCorp CEO Serge Monros, inventor of the DynoValve®, says the company is increasing production of the DynoValve, which gives drivers additional mileage on cars and trucks.

"We will soon be releasing some exciting fuel savings results from fleet owners and everyday drivers on the value of installing the DynoValve," said Serge Monros, CEO of SaviCorp, maker of the DynoValve. "The next 60 to 90 days is a critical time for high gas consumption and high gas prices. SaviCorp is building up our internal systems to increase production of the DynoValve and we will be building a solid marketing strategy toward fleet owners and individual automobile owners to purchase the product."

"Our installers are very busy working on multiple fleet contracts with a minimum of 500 vehicles each, and we expect the fleet division of our company to grow quickly as we move forward toward the summer months," Monros continued. "We are ready to help fleet car and truck owners install the DynoValve on their vehicles to help save a lot of money on gas costs."

Steve Botkin, Chief Information Officer for SaviCorp, maker of the DynoValve, is spearheading the effort to ensure limited wait time for businesses and consumers looking to purchase and install the DynoValve. "Interest in the DynoValve has increased dramatically over the past month and a half and we will be ready to meet the needs of our current and new customers of this product."

SaviCorp also announced the promotion of Fernando Muniz to the position of Executive Technical Director for the company. He will be responsible for all mechanical efforts for the DynoValve installation program and will be hiring new certified mechanics to help with the increased volume of sales of the DynoValve.

About SaviCorp

SaviCorp (savicorp.com) is an innovative automotive technology company that licenses, manufactures, distributes and services an array of patented technologies and products that reduce harmful emissions and improve fuel efficiency. The Company, an evolution of more than twenty years of automotive engine emissions testing, materials research and development, was formed to create, support and license our patented supplementary vehicle Emissions Reduction Technologies (ERT) to reduce emissions and improve efficiency. Using proprietary methods and processes, the Company's flagship DynoValve system protects the environment, lessens an engine's carbon offsets, increases gas mileage, and improves engine performance resulting in dramatic savings in both fuel and oil.

Forward-Looking Statement Disclosure

Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts, to procure future contracts, to acquire certain assets, or to finalize funding for the purchase of certain assets. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.

Contact
Serge Monros
SaviCorp
(877) 611-SAVI (7284) ph
[email protected]
http://www.savicorp.com

SOURCE SaviCorp