VISTA, Calif., July 02, 2018 (GLOBE NEWSWIRE) -- Omnitek Engineering Corp. (OTCQB:OMTK) today announced it has commenced shipments of the company’s natural gas engine components to its exclusive distributor in China, Omnitek Beijing. The Omnitek system components will be utilized to convert large marine engines, mining-trucks and power generators from diesel to natural gas. New natural gas engine production will prioritize engines for marine and on-road applications. The LNG fuel to operate the mining trucks and river barges will be supplied by SINOPEC, which also plays a supporting role in the projects.
Omnitek Beijing is a partner in a new manufacturing facility being built in Shandong Province with capacity for 40,000 natural gas engines annually. Upon completion, the complex will include two factories with engine assembly lines, an office building, engine testing capabilities, a truck assembly line and showroom. The Chinese company has received government authorization to manufacture and apply natural gas engines for inland waterways, and on-road and off-road applications.
“Omnitek Beijing is well situated to take advantage of the large-scale shift to natural gas in China, and we are exited to participate in the development of this market,” said Werner Funk, president and chief executive officer of Omnitek Engineering Corp.
“Considerable time and resources have been invested over the past few years to demonstrate the performance and the positive economic impact of diesel-to-natural gas engine conversions and to launch this sizable project; and, we are gratified that our technology has been recognized as an important solution to water and air pollution caused by diesel engines. We look forward to ramping up top-level component shipments from the company’s U.S. facility in California to the engine manufacturing facility in China, cooperating with technical support and reporting our milestones,” Funk added.
He noted natural gas utilization in China complements the government mandate for replacement of diesel engines to reduce the tremendous environmental burden high-polluting diesel engines place on the environment in China.
About Omnitek Engineering Corp. Omnitek Engineering Corp. develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the company’s technology -- providing global customers with innovative alternative energy and emissions control solutions that are sustainable and affordable. Additional information is available at www.omnitekcorp.com .
Some of the statements contained in this news release discuss future expectations, contain projections of results of operations or financial condition or state other ``forward-looking'' information. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and is derived using numerous assumptions. Important factors that may cause actual results to differ from projections include, among many others, the ability of the Company to raise sufficient capital to meet operating requirements, completion of R&D and successful commercialization of products/services, patent completion, prosecution and defense against well-capitalized competitors. These are serious risks and there is no assurance that our forward-looking statements will occur or prove to be accurate. Words such as ``anticipates,'' ``expects,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and variations of such words and similar expressions are intended to identify such forward-looking statements. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Gary S. Maier Maier & Company, Inc. (310) 471-1288
