NEW YORK, June 19, 2014 /PRNewswire/ -- Energtek Inc. (OTC:
EGTK), a leader in hi-tech natural gas solutions and Adsorbed
Natural Gas (ANG) technology, announced today that it has developed
a second generation of its Hyboost devices. The new line
enables operating the Hyboost over a wider technological spectrum,
while providing significant economic savings at the same time.
Energtek's "EN-Hyboost" is a simple, compact, light and cheap
device for transferring natural gas from one high pressure vessel
(200-250 bars, or 3000 psi) into other high-pressure vessels (also
200-250 bars, or 3000 psi), without the usage of cumbersome, heavy
and expensive conventional compressors.
"The significance of Prof. Ginzburg's latest breakthrough is
that our mobile natural gas transportation system will be able to
cover more distance and service more end-users in the same trip,
thus saving costs," said CEO Energtek, Mr. Yoav Krill. "We anticipate that in the
near future we shall announce even more technological improvements
which reinforce our position as a world leader in hi-tech natural
gas solutions."
"There are many diversified applications for the EN-Hyboost
worldwide, each of them enabling cost, space and weight
optimization and savings," said Professor Yuri Ginzburg, Energtek's Chief Technical
Officer. "It is now possible to employ the Hyboost with
mobile daughter CNG stations based on any surface vehicles (road
trailer, semi-trailer, trucks, railroad trains, ships, etc),
carrying the gas to NGV (natural gas fueled vehicles) or daughter
stations. This allows for Energtek to further optimize the
gas supply by mobile carriers to industrial, residential and
agricultural consumers."
About Energtek
Energtek develops and
applies innovative mobile transportation solutions for industrial
consumers and fleets of small vehicles. Energtek operates
subsidiaries in North America,
Europe and Asia.
To learn more about Energtek, visit the newly revamped website:
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.