Cavitation Technologies, Inc. Invites Jonathan Severn to Join Advisory Board to Address Southern California Demand for Efficient Water Treatment

Cavitation Technologies, Inc.

CHATSWORTH, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Cavitation Technologies, Inc. (“CTi” or the “Company”) (OTCQB: CVAT), a leading ESG-focused company that designs and manufactures flow-through nanotechnology systems for fluid treatment applications worldwide, today announced that Jonathan Severn has joined the company’s advisory board to address Southern California’s demand for efficient treatment some water.

“We are delighted to welcome Jonathan to our advisory board at this important stage in the company’s evolution,” said Neil Voloshin, president and CEO of CTi. “Mr. Severn’s long history of leadership and strategic approach to solving California’s vulnerability to water shortages and supply disruptions bodes well for complementing our team as Jonathan seeks to mitigate the negative impact of water shortages on agriculture, employment and low-income communities. We look forward to Jonathan’s expert engagement and assistance to guide our goals, both commercially and statewide, accelerating connections into new strategic partnerships and market penetration of our technology. environmentally friendly water treatment.

The western states of the United States are continuously suffering from one of the worst droughts in recent history and their sources of drinking water have declined at a catastrophic rate. As California attempts to access the most basic source of all, groundwater, it has become apparent that this source of water has mostly become unusable or too expensive to clean up.

There have been hundreds of contaminated drinking water wells in California, according to the California Water Board, and some can no longer be remediated. All of California’s high and medium priority groundwater basins are currently being mapped as part of a statewide initiative. Los Angeles Mayor Eric Garcetti has proposed recycling all of the city’s wastewater by 2035.

Jonathan Severn commented, “I was born and raised in Southern California, and have been close to the farming and farming community there. For the past several years, I have been actively involved in solving local water issues in Ventura County as well as at the state level. More than nine million acres of farmland in California is irrigated, accounting for approximately 80% of all water used for business and consumer consumption.

“I believe CTi’s technology could be the cost-effective solution for treating produced water in the oil and gas industry, agriculture and for remediating contaminated water wells. I have followed the company for several years and am impressed with how their patented chemical-free technology has been able to provide cost-effective water treatment solutions, while mitigating environmental impact. I am honored to be part of their team helping to protect one of our most vital natural resources.

About Jonathan Severn

A native of Ventura County, Mr. Severn has been involved in the financial services industry for over 30 years. Mr. Severn was founder and CEO of Applied Merchant, Inc., which oversaw approximately $20 billion annually in credit card transactions. The company was sold for approximately $150 million to Prudential Capital Partners in 2018. Mr. Severn’s latest business venture is very closely tied to agriculture, farming and food supply, encompassing the use water with an essential effort to reuse the resource with an efficiency of 99%. .

About Cavitation Technologies, Inc.

Founded in 2007, the company designs and manufactures innovative continuous-flow devices and systems, and develops process technologies for edible oil refining, renewable fuel production, water treatment and improvement of alcoholic beverages. The company’s patented Nano Reactor® systems and various technologies have over 40 patents issued and filed domestically and internationally.

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Forward-looking statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some instances, forward-looking statements may be identified by words such as “may”, “should”, “potential”. ,” ”continues” ”expects” ”anticipates” ”intends” ”plans” ”believes” ”estimates” and similar expressions. These forward-looking statements are based largely on the Company’s expectations and are subject to a number of risks and uncertainties, some of which are beyond the Company’s control. Actual results could differ materially from these forward-looking statements due to a variety of factors, including our ability to complete the installation as planned, the state of the economy, the competitive environment and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this press release will materialize or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise, except if required by law.

Cavitation Technologies, Inc.
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