NEW YORK, July 23, 2013 /PRNewswire/ -- Energtek Inc.
(OTCBB: EGTK), a leader in hi-tech natural gas solutions and
Adsorbed Natural Gas (ANG) technology, has announced today that the
revenues to be reported for the second quarter are at least 10%
higher than the first quarter revenues.
Energtek expects to achieve $10,000,000 in revenues during 2013, a goal that
previously was expected to be achieved only by 2014!
The revenues are mainly derived from Energtek's subsidiary in
Bosnia and Herzegovina – Energtek
Herz d.o.o. Mostar. Energtek Herz has been consistently
delivering natural gas, with a steady increase in the quantities
being supplied.
"We are very glad to announce that we continue on the right
track, with increased revenues in shorter time tables than
expected," said Michael
Greenfield, Treasurer of Energtek. "We are proud to continue
working towards fulfillment of goals that met profound skepticism
when first presented to the market," he added.
About Energtek
Energtek develops and applies innovative low-pressure
mobile transportation solutions for industrial consumers and fleets
of small vehicles. The company is also involved on oil and
gas exploration in Israel. Energtek operates subsidiaries in
North America, Europe, Asia
and the Middle East. To learn more about Energtek, visit
www.energtek.com
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of Energtek and its
technologies. Readers are cautioned not to place undue
reliance on these forward-looking statements, which are only
predictions. In evaluating such statements, prospective
investors should review carefully various risks and uncertainties
identified in this release and other matters set in Energtek's
filings. These risks and uncertainties could cause actual
results to differ materially from those indicated in the
forward-looking statements.
Contacts:
Investor Relations
IR@energtek.com
212-999-6202
SOURCE Energtek Inc.