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."
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
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.
SOURCE Energtek Inc.