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Hitec Corp. Announces Resignation Of Director Jeffrey Michel  

JEFFERSON CITY, Mo., March 31, 2016 (GLOBE NEWSWIRE) -- The Board of Hitec Corp. (OTC Pink:HTIC) (PINKSHEETS:HTIC) (the “Company”) today announces the resignation of Director Jeffrey Michel.

The Board of Directors has accepted the resignation of Jeffrey Michel. Mr. Michel has resigned to pursue other business interests.

Harvey Buhr, Chairman stated, “It is with regret we accept the resignation of Jeff. He has served the Company and shareholders of Hitec with great diligence and care. We wish him well in his future pursuits.”

Hitec Corp. is a publicly held company engaged in the business of off the road tire (OTR) pyrolysis processing.

Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.


CONTACT: Douglas Castle Global Edge International Email: info@hiteccorp.com

Source:Hitec Corp.