KANSAS CITY, Mo., June 19, 2014 /PRNewswire/ -- APT Group, Inc., a
propulsion technology company that manufactures and distributes
advanced, environmentally friendly transportation, recreation and
utility powersport products (www.powerapt.com), today thanked
DealerNews, the most respected industry publication in the world
performing decades of service, known as the "must read" to
consumers and company leaders, for its publication of the Gas Gas
USA SmartCarb venture news.
"The SmartCarb is a disruptive technology for the small engine
industry. The GasGas USA and
SmartCarb program is one of many coming such announcements.
The SmartCarb will serve as a 'reset' for seeming insurmountable
challenges with cost effective and performance solutions in
altitude, fuel economy and emissions challenges the small engine
industry faces today. Gas Gas USA is one of many upcoming ventures," said
Troy A. Covey, President.
APT developing SmartCarb system for Gas Gas
Jun 17, 2014
KANSAS CITY, Mo. - APT Group
Inc., parent company of MotoVox, announced that it is in a
SmartCarb development and supplier agreement with Spain-based Gas Gas USA.
Gas Gas USA tested a 28mm
billet SmartCarb fuel system during 2013.
"The results exceeded our expectations," said Dale Malasek, president of Gas Gas USA. "One of the greatest disappointments as a
rider is the operational challenge of rapidly changing altitudes.
Tuning and recalibrating fuel systems to compensate for altitude is
expensive and frustrating, taking significant time that can even
compromise the rider's safety and the integrity of the vehicle's
"During testing periods we operated the vehicle with swings in
altitude as much as 8,000 feet at a peak of 13,000 feet, all in a
matter of hours. The SmartCarb came with a factory setting at 800
feet above sea level in Kansas
City. No jetting was necessary for us to use the product
through these extreme altitude swings. I simply did not touch the
SmartCarb," Malasek continued.
"Colleagues and customers marveled while they struggled with
operating their vehicles in these altitudes. While this alone was
extraordinary, obvious gains in performance and significant
improvements in fuel economy were also pleasant surprises. There is
no other technology like it," said
APT will work with Gas Gas USA
to complete a 28mm SmartCarb diecast design specific to the Gas Gas
"Billet models are introduced first in efforts to seed the
market, create demand, and prove out the design," said W. Corey Dyess, APT senior vice president of
research and development. "The challenge is that billet models are
machined and carved from blocks of aluminum, resulting in
significant manufacturing costs that get passed on to the consumer.
The 28mm billet model retails for more than $500, while a diecast model cuts the price in
half, resulting in broader consumer appeal. Our goal is to complete
a production die cast 28mm model in less than six months."
Although this 28mm diecast model is being specifically designed
for Gas Gas products, the SmartCarb is adaptable to fit many more
product applications, according to APT. The total market potential
for the 28mm die cast SmartCarb is estimated to be hundreds of
thousands of units
"There is pent-up demand for the SmartCarb die cast
models. We are pleased to see APT move this venture forward,"
Gas Gas is a global off-road and enduro motorcycle brand with
distribution in more than 40 countries. Gas Gas products have price
points from $8,000 to $12,000. Gas
Gas USA is the USA Trial Products import
Gas Gas will be exhibiting at the 2014 Dealer Expo, Dec. 5-7 in Chicago.
About APT Group, Inc.
APT Group, Inc. (OTC BB: FROZ) is a Missouri registered corporation headquartered
in Kansas City and is the holding
company for the MotoVox® motorsport product line, SmartCarb®
patented fuel system, and the Sonic Flow small engine technology
lines (http://www.motovox.com/, and http://www.powerapt.com/).
Some statements made in this press release are forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. We use
words such as "anticipate," "believe," "expect,'' "future,"
"intend," "plan," and similar expressions to identify
forward-looking statements. These statements including those
related to the growth of the industry and the Company's
performance, are only predictions and are subject to certain risks,
uncertainties and assumptions. Additional risks are identified and
described in the Company's public filings with the Securities and
Exchange Commission. Statements made herein are as of the date of
this press release and should not be relied upon as of any
subsequent date. The Company's past performance is not necessarily
indicative of its future performance. The Company does not
undertake, and the Company specifically disclaims any obligation to
update any forward-looking statements to reflect occurrences,
developments, events, or circumstances after the date of such
William Maher, SVP
APT Group, Inc.
E & E Communications
SOURCE APT Group, Inc.