BENSALEM, PA — (Marketwire) — 03/11/13 — (PINKSHEETS: GYTI), a high performance industrial process technology company, announced today that it has engaged its auditors, Freed Maxick CPAs, P.C., to provide it with audited financial statements for the year ended December 31, 2012. Upon the receipt of those statements the Company intends to prepare and file a Form 10 with the Securities and Exchange Commission to become a reporting company with the SEC.
– (PINKSHEETS: GYTI): develops and markets unique industrial technologies to a broad range of industries, including glass, solar, and semiconductor. These technologies open new horizons, substantially enhancing productivity and cutting costs by, among other things, applying heat in a dramatically more efficient and effective manner than is possible with legacy technologies. Please visit our website
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of GYTI. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and in publically available information on GYTI. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Technical Contact:
Dr. Vlad Sklyar
Pres.
215-244-4740
Investor Contact:
Jack N. Mayer
Director
215-244-4740
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