OMNITEK ENGINEERING NAMED EXCLUSIVE OE SUPPLIER OF NATURAL GAS ENGINE MANAGEMENT SYSTEMS TO CZECH REPUBLIC ENGINE MANUFACTURER
-- System Meets Euro 5 Emissions Standards for
On-Road Heavy-Duty Engines –
SAN MARCOS, CA — August 18, 2010 — Omnitek Engineering Corporation (OTCQB: OMTK) today announced it has become the exclusive supplier of natural gas engine management systems to Czech Republic-based TEDOM s.r.o. Ltd. The system is utilized to meet EURO 5 and EEV emissions standards in TEDOM’s heavy-duty 12-liter engines.
“The ability of Omnitek’s technology to meet or exceed Euro 5 emission standards was a major consideration in TEDOM’s’s decision to engage our company as the exclusive supplier for this critical engine management system used in heavy-duty 240 hp, 295 hp and 348 hp engines and utilized in buses and trucks. We are gratified by TEDOM’s confidence in our technology and look forward to accelerated demand for natural gas engines in Europe, as well as other world regions that purchase TEDOM engines,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
Funk noted that compressed natural gas provides significant
advantages over diesel fuel, including sharply reduced
emissions, plentiful supplies and favorable economics. “Our
partnership is off to an excellent start with 45 TEDOM
engines utilizing Omnitek systems already operating in buses
in Europe,” he said.
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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