SaVi Media Group Acquires Several Key Technology Patents from CTO, Serge Monros
ANAHEIM, Calif.--April 12, 2005--SaVi Media Group, Inc. (OTCBB:SVMI), today announced that the Company to-date has acquired a total of 8 patents and 7 pending patents covering 15 technologies in both the auto and non-auto computer-electronic sectors from Serge Monros, CTO of SaVi Media Group. An independent report levied by Evans & Evans, Inc. has cited the potential market value of all of the patents at over $250 million, a figure the Company had previous estimated in a January 14th press release.Mr. Monros is an innovative professional with over 30 years of experience and demonstrated success as an Engineer, Systems Analyst, Computer Programmer, and Project Manager. As a dynamic inventor of problem-solving technologies, Serge possesses a large number of patents currently registered, filed or pending for inventions that have worldwide market potential.
"SaVi Media is moving forward with its business plan and will benefit greatly by these new patent acquisitions. While a number of these technologies are computer and electronic related, our main focus shall remain the environmental, diesel and automotive industries via the Crankcase Ventilating System. The benefit to the ecosystems around the world that SaVi Media Group's technology can bring is truly monumental," commented Dr. Mario Procopio, Chief Executive Officer of SaVi Media Group.
About SaVi Media Group, Inc.
SaVi Media Group, Inc. was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology that can reduce emissions by up to 40% and improve efficiency by 30%. The Company creates and commercializes the world's best blow-by gas and crankcase engine emission reduction technology called the Crankcase Ventilating System (CVS). Using proprietary methods and processes SaVi increases fuel efficiency at the same time decreases emissions and extends component life translating into lower costs for SaVi's customers.
Safe Harbor Statement:
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain other Joint Ventures. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.