Emission & Power Solutions Plc
Emission & Power Solutions Inc.: EMISSION & POWER SOLUTIONS SIGNS NEW DISTRIBUTOR FOR FX REACTOR TARGETING MULTI-BILLION DOLLAR OIL & NATURAL GAS INDUSTRY AND RECIEVES NEW ORDER FOR 300 FX REACTOR
Emission & Power Solutions Inc. / Miscellaneous 13.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- EMISSION & POWER SOLUTIONS SIGNS NEW DISTRIBUTOR FOR FX REACTOR TARGETING MULTI-BILLION DOLLAR OIL & NATURAL GAS INDUSTRY AND RECIEVES NEW ORDER FOR 300 FX REACTORS LONDON, 13 November 2009 Emission & Power Solutions, Plc ('EPS', 'the Company'), a clean tech company, announced today that it signed a new distributor, BC Management Services Corp ('BCMS'). BCMS will distribute the FX Reactor to its clients in the oil & natural gas industry and purchase 300 FX Reactors for their own fleet. BCMS clients include market leaders within the multi-billion dollar industry. BCMS will focus on the oil and gas field service sector across the state of Kansas and beyond. There is a significant need for a fuel efficiency product for fleets operating in the Hugoton Field and the FX Reactor will serve that need. The Hugoton Field is located in the western half of Kansas and extends into Colorado and New Mexico. The Hugoton Field is one of the top 10 producing fields in the United States. Erik Ulsteen, CEO & Chairman of EPS stated, 'We are excited to begin working with BC Management Services. Fleet operators are looking to reduce fuel costs while also reducing their environmental impact; the FX Reactor is the best solution available. This agreement further reinforces the global movement towards carbon neutrality. Our FX Reactor reduces the carbon footprint along with improving fuel efficiency.' EPS recently went public on the Börse Frankfurt and trades under the symbol EPI (Yahoo Finance ticker: EPI.F, Bloomberg ticker: EPI:GR). About EPS: EPS is a 'clean tech' company that licenses, acquires, develops, deploys, and transfers technologies dedicated to improving fuel economy while also reducing environmentally harmful exhaust emissions. Using advanced fuel treatment devices, EPS has developed a proprietary multi-phase process utilizing engineered flow patterns in order to restructure fuel hydrocarbons. This increases fuel efficiency and produces a cleaner burn during the engine's combustion cycle. EPS has a portfolio of technologies in production and development and continues to expand its patented product line. EPS' primary product is the FX Reactor In Line Device that reduces fuel consumption, increases horsepower, and significantly reduces emissions. The FX Reactor is an aftermarket apparatus that can be added directly into the fuel line of any diesel engine. EPS is also developing a Potentiometric Sensor that selectively detects and measures combustion gases, allowing for a further reduction in emissions and improved fuel efficiency. The third technology EPS is developing is an On Board Distillation System that vaporizes fuel in order to produce a cleaner engine start and reduce total hydrocarbon emissions. For more information about EPS and its technologies, please visit the Company website at www.epsaves.com, or please contact: Ross Silver Investor Relations North America + 1 310.744.5268 www.vistap.com Christian Klingebiel Investor Relations Europe + 41 415 000 727 13.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found