Monday, February 8, 2010

Energtek, Inc. (EGTK.PK) Hits The Road

Energtek Inc., leading developer of the revolutionary ANG (Adsorbed Natural Gas) process for the containment and transportation of natural gas, is facing a potential market of truly grand proportions as it begins applying ANG technology to on-the-road vehicles around the world.

Globally, there are over 1 billion motor vehicles currently operating, including millions of 2-3 wheeled motor vehicles commonly used in Asia. Rapidly developing countries are seeing huge increases in vehicle numbers, with a corresponding jump in the demand for fuel, which in turn has caused additional fuel supply and air quality problems. All of this has accentuated the search for fuels that are cleaner, cheaper, and more immediately available.

Because natural gas is the fuel best able to address these challenges, the number of natural gas powered vehicles continues to grow by over 30% annually. Natural gas is the cleanest burning of all fossil fuels, and is plentiful, distributed more evenly throughout the world. Today there are already nearly 9 million natural gas powered vehicles on the road, but this is only a small fraction of total vehicles, emphasizing the growth potential available to any technology that can facilitate the move to natural gas.

Unfortunately, costly refueling infrastructure, together with the problem of integrating high-pressure natural gas tanks into vehicles, has limited the growth of natural gas vehicles. But Energtek’s proprietary ANG technology now makes it easier to convert even small vehicles to natural gas, in addition to reducing the cost and work involved in developing a natural gas refueling infrastructure.

Energtek’s Adsorbed Natural Gas technology allows containment and refueling under far lower pressures, making the use of natural gas more attractive. Applications previously considered impractical are now realistic.

A prime example is the fast growing use of 2 and 3 wheeled vehicles in developing Asian countries. It’s a global market of approximately 300 million, but one for which natural gas was impractical until now due to the cost and impracticality of high-pressure NG systems. Energtek’s proprietary low-pressure ANG solutions are making the use of natural gas possible in small vehicles. The company has already completed successful field trials in the Philippines, in conjunction with the Ministry of Transportation there. Energtek’s CNG LiteTM system is now considered the only commercially-viable system that can be utilized for the mass conversions of tricycles in the Philippines.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: