Novacab International Inc. Announces Pilot Project With Papineau Transport
March 31 2014 - 5:15PM
Marketwired
Novacab International Inc. Announces Pilot Project With Papineau
Transport
CANDIAC, QC--(Marketwired - Mar 31, 2014) - Novacab
International Inc. (OTC Pink: NVOB) (PINKSHEETS: NVOB) is pleased
to announce, the Pilot Project with Papineau Transport
International using the Novacab System. The fuel economy, using the
Novacab System having been validated by Transport Canada, this
specific Pilot project is monitored by a telemetric system.
Papineau Transport International and immediate affiliates
manages more than 100/175 combined Class 8 trucks just at one Hub.
Following the positive results of the fuel economy with the use of
the Novacab System, a proposal for the retrofitting addition of the
Novacab system is to be elaborated. For the Papineau International
Transport and immediate affiliates at this Hub, this represents a
potential of $2,000,000 in retrofitting over the next 3 to 4
years.
Once the results of the savings of the Papineau Transport trucks
using the Novacab System have been tabulated, the information of
the savings will be readily transmitted to all members of the
Group, therefore increasing the potential of retrofitting to all
the Group.
Papineau is also a member of Transforce Group working with
and/or supervising 20+ transport companies. The possibilities of
retrofitting all trucks overseen by Transforce Group, 1,000 / 1,200
trucks, is also on a period of 3 to 4 years. Please note that
for all their trucks 80 % travel to the United States.
Papineau Transport International is also Environmentally
Responsible following same guidelines implemented by the Transforce
Group.
Novacab International also announces the opening of our first
Regional Office in Palm Springs California. The opening should be
in the month of April 2014.
We will be strategically located at the Courtyard at Palm
Springs on 777 Tahquitz Canyon Way Blvd. Palm Springs, CA 92262
The decision for Palm Springs as the first Regional Office stems
from a large number of clients, interested in pursuing negotiations
for both our Novacab Systems (Thermal Energy Storage), Novacab
Automotive (TES) and Novacab Commercial, Industrial and
Institutional Stationary (TES/S).
More updates are forthcoming.
Forward-Looking Statements This news release contains
"forward-looking statements", as that term is defined in Section
27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this press
release that are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future.
Contact: Donna Giroux dgiroux@novacab.ca
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