LONDON, Jan.13 /PRNewswire/ -- Emission & Power Solutions, Plc ("EPS", "the Company"), announced today that it has received an initial purchase order for the Company's Nitrogen Oxide sensor from Amelti Systems AS, a Vestfold, Norway based manufacturer of industrial engine and vehicle fleet monitoring and management systems. The sensors are intended for Amelti's flagship SmartFeeder model A1G product, an aftermarket product designed to track fuel consumption, additives, exhaust emissions and fleet usage to optimize fuel economy and minimize emissions.
The Company anticipates commencing shipment in mid 2010 and expects to realize some US$5 million in sales from this purchase order in 2010. Amelti has indicated to the Company that this represents an initial purchase order with additional orders to follow.
EPS CEO Erik Ulsteen commented, "This is the first significant purchase order for our sensor in commercial quantities. We anticipate that Amelti's adoption of our technology will result in wider recognition of our product's capabilities."
Amelti CEO Roger Kronborg added, "I have great confidence in the EPS sensor and am confident that its inclusion as part of our SmartFeeder line will greatly enhance value to our clients. The EPS NOx sensor is the only sensor in the market that offers selective detection of gasses, which gives it a significant competitive advantage."
EPS is a "clean tech" company that licenses, acquires, develops, deploys, and transfers technologies dedicated to improving fuel economy while also reducing environmentally harmful exhaust emissions. Using advanced fuel treatment devices, EPS has developed a proprietary multi-phase process utilizing engineered flow patterns in order to restructure fuel hydrocarbons. This increases fuel efficiency and produces a cleaner burn during the engine's combustion cycle. EPS has a portfolio of technologies in production and development and continues to expand its patented product line.
EPS' primary product is the FX Reactor In Line Device that reduces fuel consumption, increases horsepower, and significantly reduces emissions. The FX Reactor is an aftermarket apparatus that can be added directly into the fuel line of any diesel engine. EPS is also developing a Potentiometric Sensor that selectively detects and measures combustion gases, allowing for a further reduction in emissions and improved fuel efficiency. The third technology EPS is developing is an On Board Distillation System that vaporizes fuel in order to produce a cleaner engine start and reduce total hydrocarbon emissions.
EPS is a publicly listed company that trades on the Deutsche Borse under symbol EPI.
For more information about EPS and its technologies, please visit the Company website at www.epsaves.com, or please contact:
+ 1 310.744.5268
+ 41 415 000 727
About Amelti Systems:
Amelti System AS is based in Norway in the city of Horten. It is a private company that manufactures and markets a comprehensive multifunction system under the SmartFeeder trademark to add, monitor and control fuel additives, fuel consumption, exhaust emissions and usage for vehicles, shipping vessels and industrial engines. The Company has developed proprietary technology and holds numerous worldwide patents.
For more information about Amelti and its technologies, please visit the Company website at www.amelti.com.
SOURCE Emission & Power Solutions, Plc