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NITROHEAT, a wholly owned subsidiary firm of Autris (OTCMKTS:AUTR) announced the finalization of master international distributor deal with The Doctor’s Touch. It is an automotive paint restoration firm with more than 300 franchisees internationally. It is a part of the Dr Vinyl Group and is operational in the industry since last 40 years. The franchise company has a wide network of both industrial and automotive partners in Europe and North America.

The management speaks

Autris subsidiary’s CEO Derek Naidoo said that they see the new association as an excellent platform to promote the product lines of HeatPro 200 and NitroMax 30 through their established industrial and automotive business relationships. The franchisees of TDT will be promoting the products in their respective regions, thereby giving Autris products much wider reach in a minimal time frame. The recent association and implementation is directly related to the company’s strategy for mass distribution.

The product line

Autris subsidiary’s product line has been in operation for more than three years and has surpassed initial set performance targets. The focus has been on environmental benefits and the improved productivity and efficiency. They have helped the company to enhance the market penetration of its NITROHEAT product line. The association with TDT will boost growth in NITROHEAT revenue by more than 20% for the fiscal 2015.

The profile

AUTRIS is a technology investment firm with a wholly owned subsidiary NITROHEAT. It is well positioned for opting for attractive acquisitions in the technology and automotive sectors. The objective is to continue the growth and development of NITROHEAT product line whilst exploring other opportunities related to compressed gas and nitrogen generator technologies. In last trading session, the stock price of AUTRIS surged 0.17% to close the trading session at $0.0600.The gains came on a share volume of 2.89 million compared to share volume of 23,611.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.