SUTIMCo International, Inc. Appoints Chairman Of The Advisory Board For The Company's Truck Equipment And Lubricant Technologies Business Unit

SANTA ANA, Calif., May 21, 2013 /PRNewswire/ -- SUTIMCo International, Inc. (OTC Pink: SUTI) a multi-project business accelerator Company, is pleased to announce the appointment of Steve Nieman as Chairman of the Advisory board for the Company's Truck Equipment and Lubricants Business Unit.  Steve will be instrumental in developing and adding key members with specific expertise to the Truck and Lubricant Technologies Business Unit while properly structuring presentations for key investment groups.

Mr. Nieman has a wealth of experience in international and North American transportation and distribution including general management, strategic planning, and marketing.  He formerly headed Mercer Management Consulting's motor carrier, logistics service provider, and intermodal practices.

His strategic planning and business development activities have included trucking, freight forwarding, airfreight, assembly and distribution, ocean shipping, equipment manufacturing and energy supply.  He has introduced new services into the trucking and intermodal industries.  Twice he has been on an OEMs' industry advisory committee including introducing life cycle cost analysis in four subsectors of the trucking industry.  He has explored market entry into five countries, four market segments, and three freight and logistics industry sectors.  As a management consultant he has assisted over a dozen clients evaluate and enter new markets including entering businesses that serve truck operators.  His most numerous assignments have been helping investors evaluate ownership of companies in the freight and logistics industries.  Many consulting assignments have involved assisting real estate developers understand the underlying demand characteristics for network intensive site locations from the standpoint of trucking and railroad access and service performance.

Over the last 30 years, Mr. Nieman has held executive positions with major companies in the trucking, intermodal and railroad industries, including Consolidated Freightways, Leaseway Transportation, American President, and Burlington Northern.  He has been Chief Executive Officer, Chief Operating Officer, or General Manager of five companies, and has served as an officer or director of six industry associations.

SUTIMCo's Trucking Equipment & Biodregradable Lubricants Business Unit consists of 4 proprietary technologies all centered around environmental safety and the reduction of fuel costs for the trucking industry.  The first technology "Liberty Lube" will produce a 100% non-toxic and biodegradable cost effective line of lubricants, engine oils, greases and transmission fluids.  It is estimated that the size of the bio-based lubricant market will reach $2.3 billion in 2017, from $1.7 billion in 2007.  The second technology, "Spray Rite" is a proprietary fuel injection device that accurately controls the air-fuel mixing process for Si, Ci and HCCI combustion engines resulting in higher fuel efficiency and low hydrocarbon and carbon monoxide emissions.  The market for energy efficient internal combustion engines (ICEs) reached and astounding $121 billion in 2011 and expected to continue a 19% growth rate through 2021.  The third technology "Dragon Fire" Significantly reduces aerodynamic drag improving fuel efficiency of tractor trailers and the fourth technology "MoniTire" a technology that provides a tri-axial micro-accelerometer placed on the truck tire's inner-liner that monitors tire pressure and conditions through a proprietary control box.  Information is sent to an in-cab display for the driver to monitor.  Currently an advisory council is being created for serious investors the Company will be presenting to within the next 30 days.

For more information visit SUTIMCo's recently updated Web site:  www.suti.com  

About SUTIMCo International, Inc.

SUTIMCo International, Inc. is a holding company, which utilizes a unique and established platform to launch new technology enterprises based on world-class university research discoveries. SUTIMCo International through its wholly owned subsidiary SUTIMCo, Inc. provides experienced management to early stage companies, reducing risk and assuring the know-how in launching and growing a new company. In addition to this skilled management team, SUTIMCo can avail itself of the encyclopedic, informal knowledge of the inventor, his experience and his research team.

SUTIMCo's robust portfolio of relationships with prestigious American universities is unique and strategic. North American universities invest over $42 billion in science and technology research, with about 15,000 new technologies disclosed annually. SUTIMCo's portfolio of technology and innovation start-ups, in partnership with more than two-dozen of the nation's premier research universities, includes technologies and products in the pre-funding stage and projects in the development process. Each of these business entities is being advanced by the SUTIMCo management team and methodology.

Safe Harbor

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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SOURCE SUTIMCo International, Inc.