EX-99.1
3
f8k090514ex99i_nextfuel.htm
PRESS RELEASE
Exhibit
99.1
NEXT
FUEL, INC. COMPLETES PURCHASE OF INTEGRA DISC FILTRATION SYSTEM
SHERIDAN,
WY, September 11, 2014 -- Next Fuel, Inc. (OTCQB: NXFI),
a technology provider and service
company that offers services to the oil and gas industry
announced today it has completed the purchase of the Integra Disk
Filtration Units and Technology from Layne Christensen Company (NASDAQ: LAYN).This high-volume mobile filtration system is designed
to remove suspended solids ranging from 200 microns down to less than 5 microns from water. Although initial focus may target
produced waters of the oil and gas industry, similar filtration is essential in many industries including, but not limited to
agricultural, food, computer chip and plastic extrusion. The purchase includes multiple granted and pending patents for the filtration
system.
"This
field-proven filtration system furthers our efforts to bring revenues to the Company as well as add to our stable of water treatment
technologies", stated Robert Craig, Chairman and CEO of Next Fuel, Inc. "The acquisition continues our stated goal
of developing and offering an integrated portfolio of technologies and services for the oil and gas industry." concluded
Mr. Craig.
About
Next Fuel, Inc.
Next
Fuel, Inc. is
a technology provider and service company that offers services to the oil
and gas industry.
The
Company continues to develop its Low Energy Input Pervaporation (LPV) technology for providing the oil and gas industry with a
new cost-effective method for treating waste water that contains the most environmentally challenging, high salt and total dissolved
solids used or produced in U. S. oil and gas operations.
In
collaboration with leading research institutes, Next Fuel, Inc. intends to identify, develop or acquire a portfolio of growth
opportunities with compelling market potential that are consistent with clean energy and environmental stewardship. Current projects
for longer term commercialization include processes for carbon dioxide conversion and carbon loop closure, and biological fuel
cells.
Forward-Looking
Statements
This
press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability
to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors
that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should
not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors
which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity,
performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject
to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and
liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update
the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information
becomes available in the future.
For
a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public
filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
For additional
information, please contact:
Rob Kindle
Next Fuel,
Inc.
(307) 674-2145
Email:
rkindle@next-fuel.com

EX - 99 . 1 3 f8k090514ex99i _ nextfuel . htm PRESS RELEASE Exhibit 99 . 1 NEXT FUEL , INC . COMPLETES PURCHASE OF INTEGRA DISC FILTRATION SYSTEM SHERIDAN , WY , September 11 , 2014 -- Next Fuel , Inc . ( OTCQB : NXFI ) , a technology provider and service company that offers services to the oil and gas industry announced today it has completed the purchase of the Integra Disk Filtration Units and Technology from Layne Christensen Company ( NASDAQ : LAYN ) . This high - volume mobile filtration system is designed to remove suspended solids ranging from 200 microns down to less than 5 microns from water . Although initial focus may target produced waters of the oil and gas industry , similar filtration is essential in many industries including , but not limited to agricultural , food , computer chip and plastic extrusion . The purchase includes multiple granted and pending patents for the filtration system . " This field - proven filtration system furthers our efforts to bring revenues to the Company as well as add to our stable of water treatment technologies " , stated Robert Craig , Chairman and CEO of Next Fuel , Inc . " The acquisition continues our stated goal of developing and offering an integrated portfolio of technologies and services for the oil and gas industry . " concluded Mr . Craig . About Next Fuel , Inc . Next Fuel , Inc . is a technology provider and service company that offers services to the oil and gas industry . The Company continues to develop its Low Energy Input Pervaporation ( LPV ) technology for providing the oil and gas industry with a new cost - effective method for treating waste water that contains the most environmentally challenging , high salt and total dissolved solids used or produced in U . S . oil and gas operations . In collaboration with leading research institutes , Next Fuel , Inc . intends to identify , develop or acquire a portfolio of growth opportunities with compelling market potential that are consistent with clean energy and environmental stewardship . Current projects for longer term commercialization include processes for carbon dioxide conversion and carbon loop closure , and biological fuel cells . Forward - Looking Statements This press release contains forward - looking statements as defined within Section 27A of the Securities Act of 1933 , as amended , and Section 21E of the Securities Exchange Act of 1934 , as amended . These statements relate to future events , including our ability to raise capital , or to our future financial performance , and involve known and unknown risks , uncertainties and other factors that may cause our actual results , levels of activity , performance , or achievements to be materially different from any future results , levels of activity , performance or achievements expressed or implied by these forward - looking statements . You should not place undue reliance on forward - looking statements since they involve known and unknown risks , uncertainties and other factors which are , in some cases , beyond our control and which could , and likely will , materially affect actual results , levels of activity , performance or achievements . Any forward - looking statement reflects our current views with respect to future events and is subject to these and other risks , uncertainties and assumptions relating to our operations , results of operations , growth strategy and liquidity . We assume no obligation to publicly update or revise these forward - looking statements for any reason , or to update the reasons actual results could differ materially from those anticipated in these forward - looking statements , even if new information becomes available in the future . For a discussion of these risks and uncertainties , please see our filings with the Securities and Exchange Commission . Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov . For additional information , please contact : Rob Kindle Next Fuel , Inc . ( 307 ) 674 - 2145 Email : rkindle@next-fuel.com