Sparta Capital Ltd. Signs Exclusive Agreement with Supernova Performance Technologies Ltd to Distribute Unique Transport Products System
Calgary, Alberta (FSCwire) - Sparta Capital Ltd. (TSXV:SAY.H) (the “Corporation” or “Sparta”) has endorsed an exclusive ten (10) year licensing agreement with SuperNova Performance Technologies Ltd. for their unique TreeFrog Transport Optimization™ systems. The TreeFrog has been designed to deliver significant fuel savings, provide valuable operations data to fleet owners and help reduce Greenhouse Gas emissions.
The exclusive agreement is such that SuperNova retains all of the intellectual property rights in connection with the product and will share the gross revenues on a pay for performance shared savings model with Sparta.
With fleet transport operators having a strong interest in running clean and green, Sparta sees this deal with SuperNova as a great opportunity. There are over 15 million transport trucks of various sizes operating in the United States and another 700,000 across Canada. The TreeFrog’s trademark phrase is “Watching Over You (the vehicle) and Our Environment™. This means it’s automatically able to look over/monitor every piece of equipment wherever it might be.
With the Internet of Things (IOT) revolution now growing in leaps and bounds, the TreeFrog technology was developed to help optimize operational efficiencies for company’s mobile assets- not just their stationary ones. Inter-connection of embedded devices generates a large amount of valuable data that can ultimately save transport customers money. The TreeFrog resembles Ambient Intelligence in that it works within an electronic environment while being sensitive to people and our planet. See http://supernovatech.info/treefrong-video/ for more insight.
Information gathered by the TreeFrog can be provided to Clean Air for Kids™ so that GHG credits can be monetized to give financial support to Children’s Hospitals. If by some chance the equipment breaks down, the TreeFrog is still watching over the equipment with its Canopy Coverage™ warranty.
Much like, Energizer® has the pink bunny and Michelin® has the Michelin Man®, SuperNova has the green TreeFrog – a brand mascot with distinctive characteristics that make it stand out.
“We are very excited about this little green TreeFrog and what it actually represents...efficiency, safety, a world of benefits,” said Tom Brown, President of Sparta Capital Ltd.
About Sparta:
Sparta Capital Ltd. was formed to invest and distribute a range of energy efficient solutions, starting with the logistics industry. The Corporation first introduced its Addecco Tech, a precision fuel additive injector, but has continued to source new, unique technologies. Late last year, Sparta acquired all of the outstanding shares in Canadian based Newport Environmental Technologies Ltd. Newport, now under the Sparta banner, is in the process of securing several other licenses for technologies developed to save fuel while reducing carbon emissions in various markets. All of the technologies contemplated are able to capture carbon credits that can be used to help fund children’s hospitals around the world. This year, Sparta established a new division, Sparta Technologies 4 Mining Ltd; to cater to the special needs of the mining industry. Sparta Capital is also working on an array of potential supply agreements in such markets as transportation, commercial, industrial, residential and power generation.
About SuperNova:
SuperNova Performance Technologies Ltd. is a Toronto based company that develops and sources socially and environmentally responsible technologies. They operate on the philosophy that it doesn’t have to cost customers more to clean up the environment. SuperNova has assembled a collection of proprietary Green Tech Plus™ technologies that can be applied in a number of different markets to reduce costs for customers while reducing, tracking and capturing emissions reduction credits at the same time.
For further information please contact:
Tom Brown, President of Sparta Capital Ltd.
Telephone: (306) 491-6323
Cautionary Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the proposal to complete the Offering and any associated transactions, including statements regarding the terms and conditions of the Offering. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Corporation will not proceed with the Offering and any associated transactions, that the ultimate terms of the Offering and any associated transactions will differ from those that currently are contemplated, and that the Offering and any associated transactions will not be successfully completed for any reason (including the failure to obtain the required approvals or clearances from regulatory authorities). The statements in this press release are made as of the date of this release. The Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/sparta03262015.pdfSource: Sparta Capital Ltd. (TSX Venture:SAY.H) http://www.spartacapital.com/
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Copyright © 2015 Filing Services Canada Inc.