|
OMNITEK ENGINEERING EXPANDS BUSINESS WITH TATA MOTORS -- Company’s High-Pressure Natural Gas Filter Selected As OE Component For Passenger Vehicles--
SAN MARCOS, CA — January 19, 2012 — Omnitek Engineering Corporation (OTC BB: OMTK) today announced it has been selected by India-based Tata Motors to supply original equipment high-pressure natural gas filters for 2012 passenger vehicles, expanding a supplier agreement for commercial vehicle filter applications that commenced in 2009. “The expansion of our supplier relationship with Tata Motors reflects the rapidly expanding utilization of natural gas vehicles in India and advancements in engine technology -- particularly the shift to fuel injection systems in which a coalescing filter is a critical component of a compressed natural gas system, providing 99.9 protection from solid particulate matter and oil aerosols which can damage fuel injections, carburetors and regulators. We are gratified by Tata Motor’s confidence in our high-pressure filter and look forward to continued growth in India,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation. Funk noted that demand for Omnitek’s high-pressure natural gas filter has increased significantly in the USA and abroad since its filter received international certification in 2010 based on tests conducted by an independent agency and standards sanctioned by the United Nation’s Economic Commission for Europe, specifically UN-ECE-110R. “In addition to Tata, numerous OEM customers report superior performance from Omnitek’s multi-layer filter element over competing brands, including Mahindra & Mahindra; Mahindra Navistar; Swaraj Mazda and Force Motors,” Funk said. He highlighted the contributions of Advantek Fuel Systems, the company’s distributor in India, in gaining major market share for Omnitek’s high-pressure natural gas filters in the region. Funk also noted that domestic demand for Omnitek’s high-pressure filter continues to expand, enhanced by the acceleration of natural gas engine conversions across the United States, particularly light and heavy duty vehicles. He noted that industry sources estimate there are approximately 11.0 million light and heavy duty vehicles operating worldwide on compressed natural gas, with at least one million more vehicles being added each year. About Omnitek Engineering Corporation Omnitek Engineering Corp. develops and sells new natural gas engines, as well as proprietary diesel-to-natural gas conversion systems and complementary products -- providing global customers with innovative alternative energy and emissions control solutions that are sustainable and affordable.
Some of the statements contained in this news release discuss future expectations, contain projections of results of operations or financial condition or state other ``forward-looking'' information. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and is derived using numerous assumptions. Important factors that may cause actual results to differ from projections include, among many others, the ability of the Company to raise sufficient capital to meet operating requirements, completion of R&D and successful commercialization of products/services, patent completion, prosecution and defense against well-capitalized competitors. These are serious risks and there is no assurance that our forward-looking statements will occur or prove to be accurate. Words such as ``anticipates,'' ``expects,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and variations of such words and similar expressions are intended to identify such forward-looking statements. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. # # # |