BOCA RATON, Fla., July 10, 2013 (GLOBE NEWSWIRE) -- Poly Shield Technologies Inc. ("Poly Shield") (OTCBB:SHPR) has completed the inspection portion of a two-ship installation survey for its DSOX-15 Fuel Scrubber. The inspections were completed this week in Ketchikan, Alaska by the Poly Shield engineering team. The DSOX-15 Fuel Scrubber System represents the latest solution in the battle to reduce exhaust emissions in the maritime industry. It also offers a substantial reduction in the cost of compliance with new regulations scheduled to take effect in 2015. After a thorough review of the survey analysis, Mr. Norling commented: "The survey information confirmed what we had originally believed which is that the installation team will not face any issues with space or fuel system compatibility." The next survey is scheduled later this month in the Mediterranean.
Poly Shield Technologies will continue updating the public on the DSOX -15 project as it progresses through testing to certification.
About Poly Shield Technologies Inc.:
Poly Shield markets environmental, pollution emissions, energy saving, corrosion and durability solutions to a worldwide market.
Poly Shield's desalination bio-scrubber is a patent pending (in US and Europe), cost-effective technology designed to remove alkali metals from fuel in an effort to protect gas turbines from high temperature corrosion. The technology has proven significant cost savings and extended operational life results in the cruise line industry. The technology has a worldwide application that is not limited to the maritime industry and can be installed during normal vessel operation without the need to use expensive dry dock time.
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, oilfield, industrial, commercial, and residential applications, in addition to its anti-corrosion products.
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
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.
Source:Poly Shield Technologies Inc.