SANTA CLARITA, Calif., June 7, 2012 /PRNewswire/ -- US ENERGY INITIATIVES CORP (PINKSHEETS: USEI) announced today that the Company has attached the brand SINGULAR 96™ to its gasoline replacement fuel.
This 96 Octane fuel is a Premium Grade product, competitively priced below the local prevailing price for Regular Grade 87 Octane gasoline.
The product is sold under the brandSingular 96™.
According to Anthony Miller, CEO, "We are confident about the future of US Energy Initiatives (www.usenergyinit.com) and believe that we will have daily sales of Singular 96™ in the coming weeks.
SINGULAR 96™ is an enhanced energy feedstock, blended with methanol and gasoline commanding an industry setting 96 Octane that is higher than any commercially available non-racing fuel.
This brand Singular 96™ will start appearing at retail gasoline stations that dispense our product under the tagline A Universal Fuel™. The release of this image should provide substance to this venture and differentiate our product from others".
About US Energy Initiatives
The Company has two separate energy initiatives; one in the automotive sector and one in the oil, gas & technology sector.
We will continue to develop and market our automotive technologies which we have done since 1996; and focus on manufacturing marketing GREEN retrofit systems; and market our Singular 96™ fuel.
We will also acquire and develop stranded or un-recovered oil properties for enhanced oil production, create partnerships with operators, create strategic alliances for primary and secondary recovery, and partner with farm-ins on properties where technology will be utilized to improve recovery efforts. Our goal here is to become an environmentally responsible oil and gas company; utilizing all methods available to improve oil recovery.
We will market our products to a worldwide market to produce significant revenue and add value for our shareholders.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause USEI's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
SOURCE US Energy Initiatives Corp