Boca Raton, Aug. 5, 2013 (GLOBE NEWSWIRE) -- New World Technologies Group Inc. has launched its newly developed products designed to increase the overall efficiency of commercial properties. The product line, which include technology to recapture energy, increase power system efficiency and reduce consumption, reduce costs, kill bacteria, and eliminate the need for use of harmful chemicals in cooling tower and fountain maintenance, were announced ready for market the first of August.
Among the products, which utilize technology now implemented throughout Europe, the New World Technologies' WaterX heat recovery system has the potential to result in 30% or higher energy savings verses a standard HVAC system. New World Technologies also offers its CoolX system for cooling tower upgrade and maintenance without the need for chemicals, and in full compliance of the new 8 cycle requirement set by EPA 2012 where the objective is to save water. The company's EnergX system captures energy from exhaust fan units which is reused in the AC system to reduce load and energy consumption.
J. Douglas Faulkner, CEO of New World Technologies explains "These products provide substantial savings to any commercial property's energy, maintenance, and operation costs, with the additional benefit that they are proven and environmentally responsible technologies. We are excited to make these products commercially available."
About Poly Shield
Technologies Inc.: Poly Shield markets environmental, pollution emissions, energy saving, corrosion and durability solutions to a worldwide market. Poly Shield's proprietary DSOX-15 Fuel Purification System is a cost-effective technology designed to remove sulfur from fuel in an effort to meet the upcoming sulfur emissions regulations due to take effect in 2015. The technology is directly aimed at the maritime industry which includes vessels for cruise-line, freight shipping and tanker companies and can be installed during normal vessel operation without the need to use expensive dry dock time. The technology has a worldwide application that is not limited to the maritime industry. Poly Shield's wholly owned subsidiary New World Technologies Group Inc. markets systems to increase commercial property efficiency including reduction of energy consumption, energy recovery, cooling tower upgrade and maintenance, and water system descaling and biofilm prevention. The Poly Shield's Fluoropolymer coatings are formulated specifically for extreme durability reduced maintenance and enhanced aesthetics. They were tested and are in use in a number of different industries including marine, aerospace, oil field, industrial, commercial, and residential applications. For further information about Poly Shield Technologies Inc. please visit the company's website at http://www.Polyshieldtechnologies.com . On behalf of the Board of Directors Rasmus Norling, Director and CEO of Poly Shield Technologies Inc. Forward Looking Statements This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that Poly Shield Technologies Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in Poly Shield Technologies Inc.'s Quarterly and Annual Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of Poly Shield Technologies Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Poly Shield Technologies Inc.'s forward-looking statements. Except as required by law, Poly Shield Technologies Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Poly Shield Technologies Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.
