SANTA ANA, Calif., Sept. 20, 2012 -- SUTIMCo International, Inc. (Pink Sheets: SUTI) is pleased to announce that the Company has launched its new website at www.suti.com. SUTIMCo's new website demonstrates the Company's ongoing commitment to the development of innovative University Technologies.
The new website is compatible with most tablets and smart phones including the Apple iPhone and iPad. Suti.com offers visitors a real inside look at the "SUTI Method" which differentiates SUTIMCo from its competition. The website also provides a snapshot of the Company's activities in the emerging technologies market since 2006 relating to the commercialization of technologies based on University science research.
SUTIMCo's early stage management services and infrastructure are provided through Business Units (parent companies that manage and support up to four portfolio companies). The mission of each Business Unit is to finance, grow and sell successful companies as they mature out of the start-up stage and become attractive to larger companies. SUTIMCo plans to operate Business Units in the areas of Quality of Life, Water Technologies, Consumer Products, Alternative Energy, Food Safety, Environmental Technologies, Advanced Material and Media and Entertainment.
In addition, visitors to the website can learn about SUTIMCo's portfolio of clients including CAPWAVE sensors, WildCap Energy Inc., and AquaStar Corp. amongst others. Each new technology startup benefits from SUTIMCo's early stage management expertise and administrative services, often absent in a traditional start-up company. SUTIMCo's well-defined systems infuse technology startups with early stage management teams and infrastructure, innovator-focused methodologies, processes and strategies, and a supportive, creative environment designed to reduce risk to stakeholders and accelerate large financial returns.
SUTIMCo's robust portfolio of relationships with prestigious American universities is unique and strategic. North American universities invest over $42 billion in science and technology research, with about 15,000 new technologies disclosed annually. SUTIMCo's portfolio of technology and innovation start-ups, in partnership with more than two-dozen of the nation's premier research universities, includes operating companies, companies in the pre-funding stage and projects in the development process. Each of these business entities is being advanced by the SUTIMCo management team and methodology.
Currently, SUTIMCo is working to fund and operate three Business Units: Quality of Life, Water Technologies and Consumer Products. Although the new business model is tremendously profitable, SUTIMCo's clients do not have the capital necessary to pay SUTIMCo on a timely basis. SUTIMCo must wait for its clients to either raise money or generate revenues in order to receive money from its Venture Accelerator Agreements (VAA). SUTIMCo's management believes that the short term risk will pay off as the technologies behind the VAA are based upon both University Research and Government support.
For more information on SUTIMCo, its portfolio companies, and University partners, please visit: http://www.suti.com.
About SUTIMCo International, Inc.:
SUTIMCo International, Inc. is a holding company, which utilizes a unique and established platform to launch new technology enterprises based on world-class university research discoveries. SUTIMCo International through its wholly owned subsidiary SUTIMCo, Inc. provides experienced management to early stage companies, reducing risk and assuring the know-how in launching and growing a new company. In addition to this skilled management team, SUTIMCo can avail itself of the encyclopedic, informal knowledge of the inventor, his experience and his research team.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results
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SOURCE SUTIMCo International, Inc.