$HIIT Posted On: 05/21/2012 11:32:51 AM

The Company's CEO, Matt Flemming stated, "We are excited to be a virtually debt free company with a much stronger balance sheet at a time when energy activity levels in the market place are increasing." Mr. Flemming continued, "HII Technologies' business strategy is to utilize its relationships in the energy services market to acquire, license and/or develop new energy related technologies including potential down hole tools used in the drilling and production of hydrocarbons."