TUSTIN, Calif., April 14, 2009 (GLOBE NEWSWIRE) -- ENTECH Products Group, Inc. (Pink Sheets:INCL) today announced that the Company has signed a private label sales agreement that will allow the Company to distribute the "Entech" line of Hydrogen Generator systems for Marine applications.
According to ENTECH President, Robert J. Thompson, "Many older diesel and gasoline fired engines are currently in use in the marine industry, both in small inboard leisure boats and larger commercial vessels, and many of these older engines produce significant emissions and are not energy efficient. In the past, the marine industry has not been forced to meet the same stringent emissions requirements as on-road automobiles and trucks, but with the concerns of "global warming" all industries must now look to improve their operations. Our "Entech" Hydrogen Generators can be installed on many of these older diesel and gasoline fired engines, and when operated properly, have the potential to significantly reduce emissions and improve the fuel efficiency while prolonging the life of the engine. And, in addition to retrofitting the older marine engines, we plan to work closely with the marine engine manufacturers to provide additional benefits to the marine industry on new engines."
Mr. Thompson also commented, "We are currently in negotiations with one of the largest Marine equipment suppliers in the United States for the sales distribution of the "Entech" Hydrogen Generator systems through their existing sales network, and hope to have an agreement finalized in the near future."
FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.