Movement Industries Corporation Expands National Reach With New Contracts

Company expands to support Gulf of Mexico LNG platforms

Houston, Texas – (NewMediaWire) – October 20, 2021 – Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) has announced that it has continued its national reach with new sales of valves in liquefied natural gas (LNG) platforms ) from the Gulf of Mexico. Mr. Linh Nguyen, CEO of the company, said, “We continue to increase our revenues with new engineering projects, performance tests and the provision of supplies to major subsea contractors. We are also proud to announce that the Company has also been approved by the United States government for the continuation of government contracts. “

Our recent success includes:

  • Engineering and supply of butterfly valves for critical processes with long outlets;

  • Execution of hydrostatic tests with customer’s factory acceptance tests;

  • Support offshore LNG platforms in the Gulf of Mexico;

  • Provide to one of the main sub-contractors of engineering, supply and construction of submarines (EPC);

  • Approval and certification for potential US government contracts.

In conclusion, Mr. Nguyen said: “I would like to congratulate our team for the many hours of work in securing new contracts as well as the extra time and effort put into positioning our company for potential future government contracts. . We would also like to thank our stakeholders for their continued support as we grow our business. As we move forward, we will continue to provide updates to our stakeholders. “

About Movement Industries Corporation

Movement Industries Corporation invests in emerging growth companies in the energy, oil and gas, renewable energy, agriculture and industrial manufacturing sectors. The Movement leadership team brings more than 50 years of experience in the global energy market. The Company’s growth strategy includes deepening the products and services offered to existing customers as well as acquiring additional business units and new customers.

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Safe Harbor Statement – In addition to historical information, this press release contains statements that constitute forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation. Reform Law of 1995, as amended. The forward-looking statements contained in this press release include the intention, belief or expectations of the Company and members of its management team with respect to the future business operations of the Company and the assumptions on which these statements are based. . Potential investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these differences include, but are not limited to, inability to achieve expected sales in negotiations, lack of revenue growth, customer drop-outs, inability to make improvements in terms of performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its ordinary shares . Additional factors which would cause actual results to differ materially from those contemplated in this press release can also be viewed on the Company’s website. The Company assumes no responsibility for updating forward-looking statements.

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