Interact Holdings Group, Inc. Announces Preliminary Testing Results for Patented Electric Motor |
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By: Interact Holdings Group, Inc. Posted: 2009-04-22 06:13:48 |
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Interact Holdings Group, Inc. (Pink Sheets: IHGP) announced today it has completed the first round of testing for its patented electric motor design.
The preliminary results show the motor producing 70% increase in overall power versus the traditional electric motor designs. The Company also tested a variant of the motor as a generator and the testing provided an increase of 200% over the standard power generation motor designs. While the Company is pleased and excited with these results, the Company does stress these are the first-round testing results with the first prototype models for the motor and generator. "Along with the more than satisfactory test results, I can announce that we have moved onto more extensive field testing (e.g. Charging the new High Output Lithium Battery Pak, Extending the distance driving capability for an Electric Powered vehicle, Etc.). With these testing trials over we are well on our way to meeting or exceeding the goals that were set at the beginning of this year (i.e. to acquire and market products that can provide long term recurring revenue streams). "This is the first phase of this products evolution and the groundwork has been laid for the next step, which entails creating a viable product for the market. Because of the uniqueness of this motor we are being very careful with each phase of its development, and each stage of its progress to market. "Thus far we are thoroughly satisfied with the test results, and are already in the process of approaching those companies who would most benefit from the motors capabilities," stated William Yates, President of Interact Holdings Group. For more information about Interact Holdings Group, Inc., visit http://www.interactholdings.com. Interact Holdings Group, Inc. is the exclusive US distributor of LUUMS International B.V.'s LED product lines. Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Interact Holdings Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. |
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