SANTA ANA, Calif., Feb. 06, 2017 (GLOBE NEWSWIRE) -- Greenkraft, Inc. (OTCQB:GKIT), a nationally recognized player in the alternative fuel engine and vehicle market, announces that it will realize well over $1,000,000 of new revenue in 2017. This revenue will be achieved through the monetization of Greenkraft’s three major product lines which are trucks, conversion systems, and engines. Some of the trucks that GKIT is offering are truly one of kind in their class and currently the ONLY alternative to diesel fuel trucks, especially from 19,500 to 33,000 GVW. In addition, Greenkraft trucks offer unparalleled maneuverability compared to other available options because of the unique forward cabin design.
Conversion systems are quickly becoming a huge revenue source for Greenkraft too because the Company can take various existing truck models that run on gasoline fuel and completely convert it to run on CNG or LPG making it much less expensive to operate the fleet. The third product line that is contributing to GKIT’s revenue increase are engines for repowering trucks with different fuel options, and engines for agriculture equipment and stationary machines used in various industries with different fuel options.
George Gemayel, CEO of Greenkraft, Inc. says, “Greenkraft is already the leader in alternative fuel truck options and is now going to be entering new exciting markets that will tremendously increase both revenue and name recognition. The Company firmly believes that these new alternative fuel innovations will quickly become the standard in the trucking sector and beyond. 2017 is going to be an amazingly exciting and profitable time for Greenkraft.”
Greenkraft, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing their clearly defined expansion plan that will allow GKIT to become the #1 source for alternative fuel trucks in North America. Greenkraft will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.
About Greenkraft, Inc. (OTCQB: GKIT) :
Greenkraft, Inc., a profitable, revenue generating publicly traded company, is a major manufacturer of alternative fuel automotive products. Greenkraft, Inc. was created to introduce clean, green, efficient, automotive products that run on alternative fuels. GKIT offers alternative commercial forward cabin trucks and alternative fuel systems for various vehicles. GKIT's commercial trucks are powered by alternative fuels such CNG and LPG in Classes 3,4,5,6, and 7. Greenkraft, Inc. designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems and alternative fuel engines. For more information, please visit our website at www.greenkraftinc.com .
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov .
