Vivakor Divisions Continue to Demonstrate Independent Growth
15 Dezembro 2009 - 11:00AM
PR Newswire (US)
CORALVILLE, Iowa, Dec. 15 /PRNewswire-FirstCall/ -- Vivakor, Inc.
(OTC Bulletin Board: VIVK) Several of Vivakor's divisions have
reported strong performance in 2009. Vivakor is a transdisciplinary
hub of research and development with divisional spokes developing
multiple products and technologies for market. Vivakor's R&D
Product Pipeline strategy is anchored to the concept of licensing
and strategic partnering. From idea inception, Vivakor's R&D
efforts target commercialization and product-specific exit
strategies to increase revenue potential from each new Vivakor
technology. With a multi-million dollar purchase commitment in its
nutraceutical division, new market opportunities and distribution
agreements for its VivaThermic division's cryovials and continued
growth in optics and MRI technology, the continued success of each
of these divisions is seen as strong validation for the business
model. Executive Chairman Matt Nicosia was quoted: "Vivakor has
made great strides in 2009. With the recent successes in several of
our divisions, we are certain that the value proposition of our
company will continue to increase. We expect continued success on
several tracks and expect 2010 to be our most successful in terms
of commercial success and equity value perspectives. Our greatest
strength is from our diversity." About Vivakor, Inc. Vivakor is a
biomedical/biotechnology company with transdisciplinary research
that develops and acquires products in the fields of molecular
medicine, electro-optics, biological handling and natural and
formulary compounds, that extend or improve life. More information
can be found about Vivakor at http://www.vivakor.com/.
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements, including, but not limited to,
statements regarding Vivakor's products and markets and business
strategies. Forward-looking statements may be identified by the use
of the words "anticipates," "expects," "intends," "plans,"
"should," "could," "would," "may," "will," "believes," "estimates,"
"potential," or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, risks and
uncertainties discussed in Vivakor's filings with the Securities
and Exchange Commission, which factors are incorporated herein by
reference. Readers are cautioned not to place undue reliance on any
of these forward-looking statements. Vivakor undertakes no
obligation to update any of these forward-looking statements to
reflect events or circumstances after the date of this press
release or to reflect actual outcomes. Contact: Vivakor Investor
Relations c/o IME Advisors (888) 648-8485 DATASOURCE: Vivakor, Inc.
CONTACT: Vivakor Investor Relations, c/o IME Advisors,
+1-888-648-8485 Web Site: http://www.vivakor.com/
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