LONDON, Jan. 19 /PRNewswire/ -- Emission & Power Solutions, Plc ("EPS", "the Company"), announced today that it has selected High Sense Technologies AB ("HST"), a Swedish company in the process of listing publicly on the Stockholm Exchange, to distribute the FX reactor in Scandinavia. The Scandinavian territory includes Denmark, Norway, and Sweden. HST will distribute the FX Reactor to its clients throughout the Scandinavian market. The first order to service clients of HST has already shipped.
Erik Ulsteen, CEO & Chairman of EPS stated, "We are excited to begin working with HST and pleased to already be selling the FX Reactor to HST's clients. The Scandinavian market is a great market opportunity for us considering fuel prices in the region are among the highest in the world. The FX Reactor is the best solution available for fleet operators looking to reduce fuel costs while also reducing their environmental impact. The FX Reactor reduces the carbon footprint along with improving fuel efficiency."
Hans Kristian Finstad, Managing Director of HST stated, "We are pleased to be the Scandinavian distributor for the FX Reactor. We have seen the tremendous results customers in the US have realized as a result of the FX Reactor and we are excited to offer this technology in our marketplace. We look forward to presenting the FX Reactor to all our clients throughout Scandinavia."
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 (Yahoo Finance ticker: EPI.F, Bloomberg ticker: EPI: GR).
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
SOURCE Emission & Power Solutions, Plc