WatchIt Technologies Begins V.2 of Fuel Reformer

ARDEN, NC--September 21, 2011: WatchIt Technologies Inc. (OTC: WTCT) The Board of Directors of WTCT announced it has begun development of a second generation or V.2 of its patent pending fuel savings device, the fuel reformer. The investment group, who has asked to remain anonymous, requested that the company investigate the possibility of upgrading the components used in the fuel reformer since the electronic technology is several years old. According to the board of directors, "an updated search of all the components has been completed. The new components of the V.2 fuel reformer are being manufactured."

“an updated search of all the components has been completed. The new components of the V.2 fuel reformer are being manufactured.”

According to the company, the diesel version of the Fuel Reformer can go to market faster than the gas version due to the after market possibilities with the over the road trucking industry. The company also believes that it will be able to produce positive income on a much faster timetable than previously expected.

In a statement released by the company, "The fact that we are choosing to update its technology at this point should be taken only as an opportunity to utilize the newest electronic technological advances that will yielded the greatest increases in performance of the fuel reformer. Nothing in any of the testing thus far has indicated that the current version of the fuel reformer was lacking, but with the opportunity to build, test and evaluate the diesel version it presented a timely opportunity to use newer technology to our advantage."

About WatchIt Technologies Inc.

Originally founded in 1968, WatchIt Technologies was heavily involved in the energy industry. Its current investment and development strategy is to serve as an "incubator" for emerging "Green Technology" businesses with innovative proprietary products or services. We seek companies that have the attributes of being highly innovative and "first-in" within their respective sector, while mitigating risk and producing returns to investors.