OMNITEK ENGINEERING APPOINTS DIESEL-TO-NATURAL GAS CONVERSION
- Cites an Abundant Supply of Natural Gas in Eastern Canada as Market Drivers -
VISTA, CA —August 5, 2013 — Omnitek Engineering Corporation (OTCBB: OMTK) today announced the appointment of Tallman Truck Centre, based in Kingston, Ontario, Canada, as an authorized installation center for its diesel-to-natural gas engine conversion systems in the region. Terms were not disclosed.
“The addition of Tallman Truck Centre to our network of North American conversion centers provides a solid platform for growth in a region with significant supplies of natural gas and pent-up demand from heavy-duty truck fleet operators,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
Omnitek Engineering is accelerating its conversion center partnerships throughout the United States and Canada since receiving EPA approval for its diesel-to-natural gas engine conversion technology for the widely operated line of heavy-duty Navistar DT466E and DT530E engines. The North American expansion complements the company’s presence in other international markets since 2001 – represented by dealers, installers and partnerships throughout Asia, Latin and South America and Europe.
The company expects to obtain EPA and CARB approval for additional diesel engine models to address the anticipated increasing demand from trucking fleets that operate with other diesel engine models.
“We are seeing a pique in interest for diesel engine conversions from our customers, especially because of the economic and environmental benefits it could have for their business. We look forward to working with Omnitek to further increase the adoption of natural gas in Ontario fleets,” said Bill Scanlon of Tallman Truck Centre Limited.
Funk noted that Omnitek’s conversion technology offers a projected return on investment of less than two years – a significant advantage compared with a projected return on investment of five-to-seven years for a new natural gas truck purchase.About Tallman Truck Centre Limited
Established in 1973, Tallman Truck Centre Limited, based in Kingston, Ontario, is an ISO 9001:2008 certified operator of a network of eight commercial truck dealerships with more than 350 employees. The company has been recognized for four consecutive years as one of Canada’s 50 Best Managed Companies, and has received Navistar’s 2012 Circle of Excellence Award for 19 consecutive years.
About Omnitek Engineering Corporation
Omnitek Engineering Corp. develops and sells proprietary diesel-to-natural gas conversion systems and complementary products, including new natural gas engines that utilize the company’s technology -- 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.
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