Vista International Technologies, Inc.
Signs 9,000 Ton TDF Off-Take Agreement
CO, December 23, 2011.
International Technologies, Inc. (OTC BB: VVIT),
is pleased to announce that it has signed a tire derived fuel (TDF) off-take agreement with Trident Environmental Resource Consulting, LLC. This agreement provides for the sale of 9000 tons of TDF from Vista's Hutchins, Texas tire processing facility over a 6 month period beginning on January 1, 2012.
Vista CEO Brad Ripps spoke positively about the agreement, saying, "As we prepare for sale of the Hutchins property, the Trident deal allows us to reduce a considerable amount of our existing inventory while strengthening our business model. As we ramp up TDF production in January 2012, we expect the proceeds from this and other off-take agreements to provide a stronger revenue base to fund our current operations."
For more information, please contact Brad Ripps at 303 690 8300.