QS Energy CEO Greggory Bigger Provides Overview of AOT Technology on 'The RedChip Money Report' Television Broadcast
SANTA BARBARA, CA -- (Marketwired) -- 03/23/16 -- QS Energy, Inc. (the "Company") (OTCQX: QSEP), a developer of integrated technology solutions for the energy industry, is pleased to announce its CEO, Greggory Bigger, was recently interviewed on 'The RedChip Money Report' television program. The interview will air Saturday, March 26th at 10 a.m. and 10:30 a.m. local time on Bloomberg Latin America, and Sunday, March 27th at 11 a.m. ET on Newsmax TV, available in 40 million homes via DIRECTV, DISH, and Verizon FiOS.
To view the interview segment immediately, visit: http://www.redchip.com/media/1425/.
'The RedChip Money Report' delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies. The show is hosted by Dave Gentry, a leading authority on small-cap stocks and the author of 'Small Stocks, Big Money', published by Wiley Finance.
"Today, where the industry is really looking to protect margins and increase profit is on the fixed operating cost side," Mr. Bigger stated during the interview, describing the AOT technology's role in improving the efficiency and economics of transporting crude oil. "Midstream pipelines operate on committed and uncommitted toll rates. If we're able to improve flow rates by one-and-a-half to three percent on those pipelines, you can create a tremendous value proposition."
Based in California with supply chain partners in Casper, Wyoming, QS Energy is the developer of AOT™ (Applied Oil Technology, an industrial hardware system designed to optimize the performance of crude oil pipelines, enabling a wide spectrum of grades of unrefined oil to flow more efficiently and economically through the global pipeline infrastructure. AOT is the energy industry's only solid-state system using electrical fields to reduce the viscosity of crude oil, reducing operating overhead and increasing toll rate revenue for operators. Modifications of AOT undertaken in mid-2015 in collaboration with a leading vertically integrated oil and gas company has resulted in performance gains in both the efficacy of the hardware and overall efficiency of electric field generation, further enhancing the value of the technology to the energy industry as it seeks to mitigate margin compression while managing fixed operating costs.
For further information about QS Energy, Inc., visit www.QSEnergy.com, read our SEC filings at https://ir.stockpr.com/qsenergy/all-sec-filings and subscribe to Email Alerts at https://ir.stockpr.com/qsenergy/email-alerts to receive company news and shareholder updates.
Safe Harbor Statement: Some of the statements in this release may constitute forward-looking statements under federal securities laws. Please visit the following link for our complete cautionary forward-looking statement: http://www.QSEnergy.com/site-info/disclaimer.
About AOT™ (Applied Oil Technology)
Developed in partnership with scientists at Temple University in Philadelphia, AOT (Applied Oil Technology) is the energy industry's first crude oil pipeline flow improvement solution using an electrical charge to coalesce microscopic particles native to unrefined oil, thereby reducing viscosity. Over the past four years AOT has been rigorously prepared for commercial use with the collaboration of over 30 engineering teams at 19 independent oil production and transportation entities interested in harnessing its proven efficacy to increase pipeline performance and flow, drive up committed and uncommitted toll rates for pipeline operators, and reduce pipeline operating costs. Although AOT originally attracted the attention of pipeline operators interested in improving their takeaway capacity during an historic surge in upstream output resulting from enhanced oil recovery techniques, the technology now represents the premiere solution for improving the profit margins of producers and transporters during today's economically challenging period of low spot prices and supply surplus.
About QS Energy, Inc.
QS Energy, Inc. (OTCQX: QSEP) provides the global energy industry with patent-protected industrial equipment designed to deliver measurable performance improvements to crude oil pipelines. Developed in partnership with leading crude oil production and transportation entities, QS Energy's high-value solutions address the enormous capacity inadequacies of domestic and overseas pipeline infrastructures that were designed and constructed prior to the current worldwide surge in oil production. In support of our clients' commitment to the responsible sourcing of energy and environmental stewardship, QS Energy combines scientific research with inventive problem solving to provide energy efficiency 'clean tech' solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors. More information is available at: www.QSEnergy.com.
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Investor Relations & Media Contact
QS Energy, Inc.
Tel: +1 805 845-3581
E-mail: investor@QSEnergy.com
Jon Cunningham
RedChip Companies, Inc.
Tel: 1-800-RED-CHIP (733-2447), ext. 107
E-mail: jon@redchip.com
Source: QS Energy, Inc.