Monday, August 26, 2013

Poly Shield Technologies (SHPR) Inks Agreement with Prestige Cruise Holdings

Poly Shield Technologies markets environmental, pollution emissions, energy saving, corrosion, and durability solutions to a number of industries. Its flagship proprietary DSOX-15 Fuel Purification System is a cost-effective technology designed to remove sulfur from fuel in order to meet upcoming sulfur emission regulations that will take effect in January 2015. The product is targeted specifically to the maritime industry.

The company announced today the signing of an installation agreement with Prestige Cruise Holdings Inc., which is based in Miami, Florida. The agreement will initially focus on a two vessel installation and certification of Poly Shield’s DSOX-15 Fuel Purification System. The agreement also allows for installations of DSOX-15 on up to seven additional vessels.

This is the second such agreement announced by Poly Shield Technologies in the past few months. It had previously completed installation surveys on three ships currently operating in the Baltic Sea. Its CEO Rasmus Norling said, “This agreement represents a second segment of the maritime industry, the cruise line industry, where Poly Shield Technologies intends to demonstrate the DSOX-15 Fuel Purification System’s economical emissions compliance capabilities in a real time operational maritime environment.

Poly Shield Technologies will continue to update the investing public on all installations and certification milestones of the DSOX-15. For more information about the company and its proprietary DSOX-15 Fuel Purification System, please visit www.Polyshieldtechnologies.com.

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