Enerpulse Technologies Announces Business Development Partnership with MAE Corporation
Will represent the company to Japanese automakers/Tier 1 suppliers
ALBUQUERQUE, N.M., July 17, 2014 /PRNewswire/ -- Enerpulse Technologies (OTCQX: ENPT) announced today an agreement with MAE Corporation to assist the company in securing business with automakers and Tier 1 automotive suppliers in Japan. MAE Corporation is represented by its president Toshi Goto who will serve as a business development partner and introduce Enerpulse Technologies' Nano-Plasma Assisted Combustion (n-PAC™) technology to senior Japanese automotive executives.
"We are pleased to forge this business development partnership with Mr. Goto and his team of highly capable associates," said Joseph Gonnella, CEO of Enerpulse Technologies. "Since its start in 2004, MAE Corporation has a strong track record of building direct business relationships with Japanese industrial companies and helping U.S. firms navigate their complex technology adoption processes. We are confident Mr. Goto's valuable assistance will represent a key milestone in executing our commercial strategy in Japan."
According to Goto, "Japanese automakers need outside technology to meet strengthening global fuel economy and emissions regulations. MAE Corporation has the confidence of many high-level executives in the Japanese auto sector and only accepts clients with sound technology to offer."
In cooperation with MAE Corporation, Enerpulse founder and chief technology officer, Lou Camilli, will travel to Japan in the fourth quarter of 2014 to meet with Japanese automotive executives. Camilli will explain how Enerpulse's nano-Plasma Assisted Combustion (n-PAC™) improves fuel economy, reduces tailpipe emissions and increases vehicle performance – a revolutionary feature unattainable by conventional spark plugs.
Enerpulse provides products to the automotive OEM market, along with the automotive/power sports aftermarket under the brand name Pulstar® and for natural gas fueled SI engines (NG, CNG, LNG, LPG, and Bio-Gas) for stationary and vehicular applications. The company has sold over one million Pulstar Pulse Plugs into the automotive and power sports aftermarket.
Started in 2004 and based in Japan, MAE Corporation has helped hundreds of international companies successfully establish business relationships with Japanese companies. For more information, visit www.maee.co.jp.
Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934, as amended, filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information call 888-800-6700 or visit www.pulstar.com.
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Caption: CEO Joseph Gonnella (left), welcomes Toshi Goto of MAE Corporation to Enerpulse Technologies Albuquerque, N.M. headquarters.
About ENERPULSE (OTCQX: ENPT)
Enerpulse Technologies, Inc. is a publicly traded company headquartered in Albuquerque, N.M. Founded in 2004; the company develops and manufactures ultra-high performance, low emissions ignition products through the application of pulse power technology. For more information, visit www.enerpulse.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, product performance, product development and business strategy. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new products and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE Enerpulse Technologies, Inc.
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