AUTRIS Updates Shareholders on 2015 Activities

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PORTLAND, Ore., April 23, 2015 /PRNewswire/ -- NITROHEAT, a wholly owned subsidiary of AUTRIS AUTR is proud to announce the signing of a master international distributor agreement with The Doctor's Touch (TDT), an automotive paint restoration franchised organization with over 300 franchisees internationally. TDT is part of the Dr Vinyl Group in existence for over 40 years. This franchise organization has a wide network of both automotive and industrial partners in North America and Europe.

"We see this relationship as an excellent platform to promote our NitroMax 30 and HeatPro 200 product lines via their established automotive and industrial business relationships. All TDT franchisees will be promoting the NITROHEAT products in their respective territories, thereby giving us a much wider representation in a minimal time frame. This agreement and implementation is directly aligned to our strategy for mass distribution," says NITROHEAT CEO, Derek Naidoo.

The Nitromax 30 and HeatPro 200 products from NITROHEAT have been in operation for over three years and have exceeded initial performance targets. The emphasis on environmental benefits alongside the improved efficiency and productivity levels are proving to increase the market penetration of the NITROHEAT product range. The partnership with TDT is expected to assist growth in NITROHEAT sales by more than 20% for the 2015 fiscal year.

About AUTRIS

AUTRIS is an OTC publicly traded company. We are a dedicated technology investment company with a current wholly owned subsidiary NITROHEAT (www.nitroheat.com). The company is strategically positioned for additional acquisitions in the automotive and technology sectors. Our focus is to continue the development and growth of NITROHEAT whilst exploring additional opportunities related to nitrogen generator and compressed gas technologies.

About NITROHEAT

NITROHEAT is a wholly owned subsidiary of AUTRIS. NITROHEAT is a manufacturer and distributor of innovative high performance air filtration, heating and nitrogen generation equipment. Manufactured in the USA, the company utilizes an equipment reseller network for the distribution of its products. Core Products are the Nitromax30 (heated nitrogen generation), MaxDry 200 (High performance filtration, membrane dryer and compressed air heater) and HeatPro200 (Compressed Air Heater)

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements.

Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the AUTRIS core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.

The matters discussed herein may also be affected by risks and uncertainties described from time to time in AUTRIS filings with the U.S. Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statement

Contact Info:
Derek Naidoo
President and CEO
Tel: (800)-931-3472
Fax: (866)-437-1405
info@autris.net

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/autris-updates-shareholders-on-2015-activities-300070980.html

SOURCE AUTRIS

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