OMNITEK FOCUSES ON EXPANSION OPPORTUNITIES IN PAKISTAN
-- Expects Strong Demand for its Diesel-to-Natural Gas
SAN MARCOS, CA — October 6, 2010 — Omnitek Engineering Corporation (OTCQB: OMTK) today announced it has signed an agreement with Karachi-based Xperts Technologies LLC to market and install the company’s diesel-to-natural gas conversion technology for truck and bus applications throughout Pakistan.
“Converting high-polluting diesel powered engines to run on natural gas is an effective and economical solution to operate trucks and buses -- significantly less expensive than purchasing new natural gas engines,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
Funk noted that Pakistan has an estimated 3,300 compressed natural gas (CNG) stations operating throughout the country to serve a significant number of passenger CNG vehicles, but virtually all heavy-duty trucks or buses operate on diesel fuel. “Our partnership with Xperts Technologies represents a unique opportunity to showcase Omnitek’s conversion technology and establish a leadership position in a country with a potential market size of at least 600,000 to 800,000 heavy-duty diesel trucks and buses that could conceivably be converted to operate on CNG,” he said.About Xperts Technologies LLC
In addition to its conversion business, including LPG and CNG engine systems for passenger vehicles, Xperts is an authorized agent for numerous international organizations engaged in a variety of industrial services and products.
About Omnitek Engineering
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.
# # #