Movement Industries Corporation Launches Remote IoT Custom Skid Project
- Expansion of Custom Skid Deployment with proprietary technology using IoT
- Successful sale and launch of 2,000 gallon tank for remote use
- Continued production expected in the future
- No negative takes identified
HOUSTON, TX, May 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) has announced that it has expanded Custom Skid Deployment with proprietary chemical injection with IoT technology. Mr. Linh Nguyen, CEO of the Company, stated, “We have successfully sold and launched the 2,000 gallon tank specifically designed for remote use and expect to continue additional production in the future. The custom tank skid is monitored and controlled by the Company’s proprietary technology that utilizes IoT for remote monitoring and sustained maintenance. This is an important milestone for Movement’s stakeholders as we continue to market and sell our design, manufacturing and IoT technologies.”
Key features include:
- 2,000 Gallon Stainless Steel Tank
- Movement Proprietary Chemical Injection Pump
- IoT Programmable Controller
- Level Sensor
- Integrated Roof
- Remote Monitoring
Mr. Nguyen concludes, “We are proud of our team for the additional time and effort spent in completion of this project. We thank our stakeholders for their continued support as we grow our Company. Our stakeholders can continue to expect updates as we grow.”
About Movement Industries Corporation
Movement Industries Corporation invests in emerging growth companies in energy, oil & gas, renewables, agricultural and industrial manufacturing sectors. Movement's executive management team brings over 50 years of experience in the global energy market. The Company’s growth strategy includes deepening products and services offered to existing customers as well as acquiring complementary business units and new customers.
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To learn more about Hi-Alloy Valve, please visit our website at: www.hialloyvalve.com.
Please direct all inquiries to:
Contact Information: MVNT Shareholder/Investor Inquiries
1-713-856-9777
ir@mvmnt.in
Safe Harbor Statement – In addition to historical information, this press release contains statements that constitute forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.
Source: Movement Industries Corporation
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