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VISTA Issues Update on Progress in Current Quarter

Denver, CO - March 08, 2012 -- Vista International Technologies, Inc. (OTC BB: VVIT),
is pleased to give investors an update on the company's operations for the current period. TDF production commenced in mid-January, with shipments beginning in mid-February. Tire volume at the Hutchins facility, while reduced, has been consistent through the seasonally slow winter months. Booked revenue for February was roughly 40% higher than January, due to the beginning of TDF shipments. The company is also benefitting from reduced expenses, due to recently instituted cost cutting measures and a reduction in corporate headcount. On the gasification side, construction continues on the portable gasification unit, and the company is continuing forward with efforts to secure a permit for a gasification project.

CEO Tim Ruddy remarked." The combination of the start of TDF processing at the Hutchins facility and continued progress on the portable gasifier have given the company a solid start to the current quarter. As the company works through the remainder of the quarter, a major focus will be on managing current expenses, and balancing revenues with payments due to the company's creditors as a result of the failed sale-leaseback transaction."



For additional information on the company or the contents of this release, please contact Tim Ruddy at 303 690 8300, or truddy@vvit.us.

 

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