VISTA, Calif., Aug. 27, 2014 (GLOBE NEWSWIRE) -- Omnitek Engineering Corporation (OTCBB:OMTK) today announced it has received an initial order for diesel-to-natural gas engine conversion kits designed and EPA-approved for the 12 liter Mack E7 engine from Chesapeake, Virginia-based TFC Recycling.
The initial order for conversion kits is part of TFC Recycling's goal to convert its entire fleet of more than 100 vehicles to operate on natural gas. Omnitek appointed TFC Recycling in June 2013 as an authorized installation center for its diesel-to-natural gas engine conversion systems in the region.
"The conversion of its own fleet to operate on natural gas provides a 'working showroom' for potential trucking fleet customers in the region who are interested in transitioning from diesel to natural gas. We look forward to accelerating the delivery of natural gas converted 'drop-in' engines to TFC Recycling through our strategic alliance with Minneapolis, Minnesota-based diesel engine remanufacturer Reviva," said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
The company expects to obtain EPA and CARB approval for additional diesel engine models to address increasing interest from trucking fleets that operate with other diesel engine models.
Funk noted that Omnitek's conversion technology offers a projected payback on investment of less than two years – a significant advantage compared with a projected payback-period of five-to-seven years for a new natural gas truck purchase.
ABOUT TFC RECYCLING
Founded in 1973, Tidewater Fibre Corporation (TFC Recycling) is a privately held and family-operated business. Headquartered in Chesapeake, Virginia, the company employs over 350 people, operates more than 180 collection and transfer vehicles, which includes 22 Compressed Natural Gas (CNG) vehicles, and three Material Recovery Facilities (MRFs) in Chesapeake, Chester, and Newport News, Virginia.
Through its partnerships and agreements with local and municipal governments and public service authorities, the company provides recycling services for over 550,000 households in six of Virginia's largest cities, and more than 4,000 commercial customers in Virginia and North Carolina. For more than 40 years, TFC has taken a leadership role in promoting recycling and reuse of materials to make a positive difference for the environment in Virginia and North Carolina.
TFC Recycling is a leader in the use of Compressed Natural Gas (CNG) technology. TFC's fleet maintenance facility was the first vehicle maintenance facility in the Commonwealth of Virginia designed to meet all local, state and federal CNG building requirements. TFC is capable of servicing up to 20 CNG vehicles at one time and has the capacity to provide fleet services to third parties, including CNG vehicle maintenance. Additional information is available at www.tfcrecycling.com.
About Omnitek Engineering Corporation
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.
CONTACT: Gary S. Maier Maier & Company, Inc. (310) 471-1288 firstname.lastname@example.orgSource:Omnitek Engineering Corp.