PTA Holdings, Inc. Integrates Its V-Flow Fuel Maximizer, Inc.
Acquisition; V-Flow Developed Revolutionary Hydrogen Fuel Saving System to
Increase Gas Mileage by Up to 50% for the Automotive and Truck Industry
CLEVELAND, GA, Jul 10, 2007 (MARKET WIRE via COMTEX News Network) --
PTA Holdings, Inc. (PINKSHEETS: PTAH) announced today that its
ProFlow subsidiary has integrated V-Flow Fuel Maximizer, Inc. and its
proprietary patent-pending state of the art Hydrogen/Oxygen
Generating Component for increasing internal combustion engines' fuel
efficiency (averaging 40 to 55% plus increase) for the automotive and
trucking industry. ProFlow is a Georgia-based multi-location
Automotive Service Center that specializes in the repair and
maintenance of domestic, foreign and diesel cars and trucks. ProFlow
launched this new division to round out the services that it provides
to its customer base. PTA Holdings, Inc. is a publicly traded holding
company that is primarily engaged in several sectors of the
automotive industry with a concentration in new technologies.
The V-Flow Fuel Maximizer has a significant head start on the
hydrogen industry. Victor Navarro, the founder of V-Flow, commented,
"We feel that most autos of the future will run on strictly hydrogen,
but we have the niche for retrofitting all existing fuel burning
vehicles on the road today."
The exhaust created from The V-Flow Fuel Maximizer component itself
happens to be virtually pure oxygen, thus creating a cleaner
environment. By harnessing the great power of water we will extend
our fuel resources much further into the future.
ProFlow, since inception, has been led by a NASCAR Winston Cup
Winning experienced management team. ProFlow has been developing and
designing procedures for the automobile industry that can have a
dramatic effect on fuel consumption. ProFlow hired Mr. Victor
Navarro to lead the ProFlow Paint Systems(TM) division. Mr. Navarro
has over 30 years of experience in operating successful show quality
automotive collision and paint facilities. Mr. Navarro's expertise
is widely regarded and he has overseen the restoration of antique,
super luxury and show cars from car enthusiasts and celebrities
nationwide.
About PTA Holdings, Inc.:
PTA Holdings, Inc. ("PTA") is a diversified holding company with a
core focus in the automotive industry. The Company acquired ProFlow,
Inc. in April 2007. ProFlow, Inc. is a Georgia-based multi-location
Automotive Service Center that specializes in the repair and
maintenance of domestic, foreign and diesel cars. ProFlow, since
inception, has been led by a NASCAR Winston Cup Winning experienced
management team. ProFlow has developed and designed fuel saving
processes, for the automobile industry that can have a dramatic
effect on fuel consumption. ProFlow is aggressively approaching
successful future technologies for fuel mileage in the complete
automotive and Diesel industry. PTA's website is
www.ptaholdings.com.
Using the economic capital and strength from becoming a public
company, the Company intends to grow its ProFlow division into an
industry leader. The Company is embarking upon an "Acquisition and
Roll Up" strategy in order to take advantage of the fractious
business landscape currently existing within the automotive repair
and fuel service centers. Management maintains that as a public
entity, it is ideally positioned to initiate a "roll up" of these
centers which it anticipates will dramatically increase the Company's
revenues and net income. A secondary benefit of acquiring
independent automotive repair centers is the ability to cross-sell
complementary products and services into those distribution channels
with direct purchaser contact.
Forward-Looking Statements
This news release contains forward-looking statements about our
business, or financial condition and prospects that reflect our
assumptions and beliefs based on information currently available. We
can give no assurance that the expectations indicated by such
forward-looking statements will be realized. There may be other risks
and circumstances that we are unable to predict. When used in this
news release, words such as "believes," "expects," "intends,"
"plans," "anticipates," "estimates" and similar expressions are
intended to identify forward-looking statements, although there may
be certain forward-looking statements not accompanied by such
expressions. All forward-looking statements are intended to be
covered by the safe harbor created by Section 21E of the Securities
Exchange Act of 1934.