OMTK Omnitek Engineering Corp.

Omnitek Engineering’s Exclusive Turkish Distributor Completes Pilot Program With Shell Turkey

Omnitek Engineering’s Exclusive Turkish Distributor Completes Pilot Program With Shell Turkey

-- Anticipates Strong Demand for Diesel-to-Natural Gas Engine Conversions --

VISTA, Calif., July 17, 2019 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp.  (OTCQB: OMTK) today announced its exclusive distributor in Turkey is ramping up marketing and sales initiatives based on the conclusion of several evaluation projects, including a successful six-month pilot program with Shell Turkey, to demonstrate the reliability and performance of diesel-to-natural gas (DNG) engine conversions.  

The converted heavy-duty Mercedes Axor OM457 engine, equipped with Omnitek’s proprietary DNG engine conversion technology, exhibits the same 400 hp performance utilizing LNG as with diesel fuel.

The Class 8 trucks are equipped with LNG tanks, providing a range of approximately 900 km. The clean-burning LNG fuel is being supplied by Shell Turkey.

“We applaud Shell for selecting Omnitek’s 100 percent dedicated natural gas technology over dual-fuel technology, which only offers minimal fuel savings potential. The continued collaboration with Shell Turkey provides a unique opportunity to showcase and market the cost-effective alternative of truck conversions compared with purchasing new LNG vehicles. This should be particularly compelling to fleet operators in Turkey, given the short payback-period of truck conversions due to the large price differential between diesel and LNG, as well as Omnitek Turkey’s exclusive engine guarantee.  In addition, the long service-life of heavy-duty diesel engines provides a further incentive to convert, while also addressing air pollution considerations in support of the Paris Agreement on Climate Change,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corp.

Additional information is available .

Omnitek Engineering Corp.

Omnitek Engineering Corp. develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the company’s technology -- providing global customers with innovative alternative energy and emissions control solutions that are sustainable and affordable.  Additional information is available at .

Some of the statements contained in this news release discuss future expectations, contain projections of results of operations or financial condition or state other "forward-looking" information. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and is derived using numerous assumptions. Important factors that may cause actual results to differ from projections include, among many others, the ability of the Company to raise sufficient capital to meet operating requirements, completion of R&D and successful commercialization of products/services, patent completion, prosecution and defense against well-capitalized competitors. These are serious risks and there is no assurance that our forward-looking statements will occur or prove to be accurate. Words such as "anticipates," "expects," "intends," "plans," "believes,'' "seeks," "estimates," and variations of such words and similar expressions are intended to identify such forward-looking statements. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Gary S. Maier

Maier & Company, Inc.

(310) 471-1288



 

EN
17/07/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Omnitek Engineering Corp.

 PRESS RELEASE

Omnitek Engineering Announces Strategic Investment

Omnitek Engineering Announces Strategic Investment VISTA, Calif., Sept. 12, 2019 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp.  (OTCQB: OMTK) today announced it has entered into a Securities Purchase Agreement with G.ON Global Investments SRL, with an investment of $640,000 at a price of $0.179 per share and an option to invest an additional $640,000 under the same terms. Additional information on the transaction is available in the company’s 8-K filing today.  G.ON Global Investments SRL, a limited liability company organized under the laws of Romania, was established by one of the ...

 PRESS RELEASE

Omnitek Engineering’s Exclusive Turkish Distributor Completes Pilot ...

Omnitek Engineering’s Exclusive Turkish Distributor Completes Pilot Program With Shell Turkey -- Anticipates Strong Demand for Diesel-to-Natural Gas Engine Conversions -- VISTA, Calif., July 17, 2019 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp.  (OTCQB: OMTK) today announced its exclusive distributor in Turkey is ramping up marketing and sales initiatives based on the conclusion of several evaluation projects, including a successful six-month pilot program with Shell Turkey, to demonstrate the reliability and performance of diesel-to-natural gas (DNG) engine conversions.   The conv...

 PRESS RELEASE

Omnitek Engineering Corp. Reports 2018 Results

Omnitek Engineering Corp. Reports 2018 Results Foreign Sales Gaining Momentum As Development Programs Are Completed VISTA, Calif., April 01, 2019 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp.  (OTCQB: OMTK) today reported results for its fourth quarter and year ended December 31, 2018 – reflecting the completion of certain multi-year natural gas engine development programs overseas and the initial ramp up of related orders. Revenues for the fourth quarter ended December 31, 2018 were $276,034 compared with $260,004 a year earlier.  For the same period, the company reported a sharply re...

 PRESS RELEASE

Omnitek Engineering Reports Third Quarter and Nine-Month Results

Omnitek Engineering Reports Third Quarter and Nine-Month Results Recent Completion of EURO VI 430 hp 13-Liter Engine Development Expected to Drive Growth VISTA, Calif., Nov. 13, 2018 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp. (OTCQB: OMTK) today announced results for its third quarter and nine months ended September 30, 2018 – reflecting the development of a 430 hp 13-liter heavy-duty EURO VI natural gas engine for truck and bus applications for a European customer, and its finalization subsequent to the end of the quarter. For the three months ended September 30, 2018, the company r...

 PRESS RELEASE

Omnitek Engineering Finalizes Development of 420 HP 13-Liter Natural G...

Omnitek Engineering Finalizes Development of 420 HP 13-Liter Natural Gas Engine and Achieves Euro 6 Emissions Level Strong Demand Anticipated for Global Truck and Bus Applications VISTA, Calif., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp.  (OTCQB: OMTK) today announced it has finalized the development of a 420 hp 13-liter heavy-duty natural gas engine for a European customer, which can be used for truck and bus applications. The engine, equipped with Omnitek’s patented engine management system components and a highly efficient catalytic converter, exceeded EURO 6 emissi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch