Energtek, Inc. (EGTK.PK) Begins Conversion of Tricycles Using Proprietary CNG Lite(TM)

QualityStocks would like to highlight Energtek, Inc. (PINKSHEETS: EGTK). The company is focused on developing and commercializing Adsorbed Natural Gas (ANG) technology. This technology enables the storage of comparable gas quantities at reduced pressure, dramatically decreasing the capital investment and operational costs of natural gas vehicles. The company recognizes the global markets’ demands to diversify energy sources and is working on breakthrough technologies that deliver natural gas to the consumer, even where no gas pipeline and compressing infrastructure exist.

In the company’s news yesterday,

Energtek Inc. announced that its engineering team has started converting tricycles to operate on natural gas (”NG”) in Metro Manila, as requested by the Government of the Philippines. The company anticipates displaying these converted tricycles to officers of the executive government by April 30.

As announced previously, the Filipino Department of Energy requested Energtek to convert the vehicles with the proprietary CNG Lite(TM) system based on ANG technology. The request came after the department announced its intention to allow tricycles to use natural gas resources allocated to the Natural Gas Vehicle Program for Public Transport (NGVPPT).

According to the press release, Attorney Vigor Mendoza, Chairman of the First United Transport Coalition, is promoting the NG conversion of tricycles in the Taguig and Marikina areas of Metro Manila. The group has submitted official requests for the conversions to the Filipino Government.

“We are very pleased to cooperate with the First United Transport Coalition in its quest to improve the economics of the tricycle drivers in Metro Manila areas,” stated Energtek CEO Lev Zaidenberg. “There is no doubt that the provision of a cheaper and cleaner motor fuel shall contribute both to the welfare of the tricycle drivers and to ecological improvement in the Philippines. The conversions will benefit the entire population”

Representing one of the most popular forms of transportation in the Philippines, gasoline-powered tricycles are known to contribute to dangerous pollution levels. Converting the vehicles to Natural Gas will substantially reduce hazardous emissions and save energy expenditures as natural gas costs a fraction of the price of gasoline.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E 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 the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.