Infinite Announces Powerboat Race
January 26 2007 - 11:55AM
Business Wire
Infinite Networks Corporation (Pink Sheets: INNX) and CET, LLC, a
wholly owned subsidiary of Infinite Networks, announced today a
world record race set for early February. The announcement was made
by John W. Bush, President of Infinite Networks Corporation. In an
interview Bush stated, �This is the news that everyone has been
waiting for months to see. The Washington Daily News article
released Wednesday tells the story better than any comments I can
make at this time. We expect more exciting news as we get closer
the race date.� The enclosed article released by The Washington
Daily News on January 24, 2007 written by Lawrence Keech, Staff
Writer, tells the story. Fountain to go for the record in February
By LAWRENCE KEECH Staff Writer The Cat Killer, a 47-foot Fountain
Powerboat could be poised to establish a new world record for
V-bottom boats, and possibly top the famed Catamarans. Though a
formal official announcement has not been made, Al Solaroli, the
designer of CET Engines, confirmed Fountain's attempt will be made
in early February. "Everything's going good," said Solaroli, whose
engine technology pushed Fountain beyond the current record - near
171 miles per hour - during an offshore race here in August. "We
are going the 9th, 10th and 11th of February." Several calls to
Fountain Powerboats to confirm the date were not immediately
returned; however, Solaroli, who was testing cars Tuesday, said
boat preparations and testing will resume Thursday. "We've flopped
over 180 (miles per hour) a few times," he said of previous boat
tests, adding he could offer more details later this week. Solaroli
first said the turbo-driven engines had a potential to deliver 350
horsepower for every one liter of displacement, while boasting 85
percent efficiency. After a minor mechanical problem in August,
further testing in September showed the out drives could not handle
the engines' full power. In his statement, released by parent
company Infinite Networks, Solaroli said, "We have retuned the
engines to 2,200 horsepower and 2,048 foot pounds of torque from a
possible 3,150 horsepower and 2,955 foot pounds of torque." It
remains to be seen if testing done after Thanksgiving and leading
up to the kilo event will produce the near 200-mile-per-hour speeds
originally thought possible. However, Fountain's redesign of the
47-foot hull for the race boat has, in itself, already produced
faster speeds, landing the longtime boat manufacturer both and
world and national championship, as well as a first-overall ranking
in the final race of the 2006 season. It marked the first overall
win for a V-bottom boat over the historically quicker catamarans.
The feat was backed up with a victory in a Jacksonville, Fla. poker
run, garnering the boat the nickname Cat Killer. Video of that
event is available online at www.fountainpowerboats.com. More
information on Solaroli's engines may be found at
www.cetengines.com. Lawrence Keech Special Projects Manager
Washington Daily News lawrence@wdnweb.com 252-940-4221 Infinite
markets High Efficient Advance Technology �H.E.A.T.� through CET,
LLC for the global Automotive and Marine/Boating industries. This
release contains forward-looking statements that are made pursuant
to the safe harbor provisions of the Securities Litigation Reform
Act of 1995. Some of the statements contained in this press release
include forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended (the "Securities
Act"), and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), that involve substantial risks and
uncertainties. Some of the forward-looking statements can be
identified by the use of words such as "anticipate," "believe,"
"estimate," "may," "intend," "expect," "will," "should," "seeks" or
other similar expressions. Forward-looking statements are based
largely on management's expectations and involve inherent risks and
uncertainties. These risks include, but are not limited to, the
demand for implementation of Infinite Networks Corporation services
and the ability of the company to successfully implement its
strategies, each of which may be impacted, among other things, by
economic and/or competitive conditions. You should not place undue
reliance on any forward-looking statement, which speaks only as of
the date made. Many of these factors are beyond our control. The
Company cautions that the foregoing factors are not exclusive.
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