OMNITEK ENGINEERING FINALIZES DEVELOPMENT OF 420 HP 13-LITER
NATURAL GAS ENGINE AND ACHIEVES EURO 6 EMISSIONS LEVEL
- Strong Demand Anticipated for Global Truck and Bus Applications -
VISTA, CA — October 09, 2018 — Omnitek Engineering Corp. (OTCBB: OMTK) today announced it has finalized the development of a 420 hp 13-liter heavy-duty natural gas engine for a European customer, which can be used for truck and bus applications.
The engine, equipped with Omnitek’s patented engine management system components and a highly efficient catalytic converter, exceeded EURO 6 emissions requirements and will be utilized to power EURO 6 certified trucks and buses.
Omnitek will be the exclusive OE supplier of key natural gas engine management system components required for the engine to meet the EURO 6 emissions standard.
“The ability of Omnitek’s technology to achieve EURO 6 emissions certification standards, which is a competitive advantage and not easily achieved, represents an important milestone for the company. The availability of a EURO 6 heavy-duty 13-liter natural gas engine, coupled with the rapidly emerging build-out of the natural gas fueling infrastructure, should further accelerate the deployment of natural gas heavy-duty vehicles in Europe, as well as other world regions,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corp.
“CO2, NOx and black carbon emissions from diesel engines, potent greenhouse gas (GHG) emissions, are abated when using natural gas, and our technology offers countries around the globe a viable and proven solution to address emissions policies of the 200-nation Paris Agreement on Climate Change. In addition, the price delta between diesel and natural gas makes the utilization of natural gas engines particularly attractive to fleet operators and inquires for additional EURO 6 engine development contracts have increased following our initial announcement regarding this development project,” Funk said.
About Omnitek Engineering Corp.
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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