Mississauga, ON -- (SBWIRE) -- 02/22/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Cavitation Technologies Announces New Deal From Vietnam, Shares Perk Up On News."
Companies mentioned in this article include Cavitation Technologies Inc. (OTCQB:CVAT).
The technology sector, and specifically Companies focused on product development are expected to have strong prospects this year as firms continue to be on the lookout to enhance their capital expenditures and increase their productivity. Cavitation Technologies Inc. (OTCQB:CVAT) falls under that umbrella with the Company providing such solutions for a wide range of industries including the food processing sector.
The Company hit a major milestone this morning when it announced that it received its first purchase order for the Company's proprietary Nano Reactor ™ system from Vietnam. Cavitation Technologies received the order through its strategic partner, Desmet Ballestra Group. The new system will be the first of its kind in the country with the order helping the company in gaining a foothold in the broader Asian market, where demand for such products is on the rise. The company expects the installation to be completed in the third or fourth quarter of this year.
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