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SOURCE Energtek Inc.
- Energtek completes development of another innovative CNG cost-optimized product.
NEW YORK, Oct. 8, 2013 /PRNewswire/ -- Energtek Inc. (OTCBB: EGTK), a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced that has completed and launched its latest technological product to be called the "EN-Hyboost".
The "EN-Hyboost" is a simple, inexpensive, reliable device for natural gas delivery from surface vehicles (road trailer, semi-trailer, trucks, railroad trains, ships) carrying the gas in compressed form to consumers requiring constant gas pressure and/or flow.
"There are many diversified application for the EN-Hyboost worldwide, each of them enjoying cost optimization and savings," said Professor Yuri Ginzburg, Energtek's Chief Technical Officer. "Amongst them, it can be applied to daughter NGV filling stations, gas supply to industrial and household consumers and many other related projects."
"We believe that we'll be able during 2014 to implement specific projects utilizing our EN-Hyboost, and thus expand our sales," added I. Primorac, C.E.O. Energtek Herz d.o.o.
Energtek develops and applies innovative low-pressure mobile transportation solutions for industrial consumers and fleets of small vehicles. The company is also involved on oil and gas exploration in Israel. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about Energtek, visit www.energtek.com
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
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