Boca Raton, Florida, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Poly Shield Technologies Inc.'s (OTCBB:SHPR) wholly owned subsidiary, New World Technologies Group Inc. has completed seven feasibility studies and energy surveys for apartments and condominiums in the Miami, Florida area.
The initial surveys are intended to determine the building's compatibility for the installation of the New World Technologies' EnergX and WaterX energy conversion systems. These systems could potentially result in up to a 30% energy savings over the current HVAC systems. New World Technologies also offers a new, chemical free upgrade for cooling towers which is expected to assist building owners and operators with compliance as it relates to the new eight cycle requirements set by EPA in 2012.
Doug Faulkner , CEO of New World Technologies commented "We believe that our unique alternatives to conventional heating and cooling systems will prove to be more cost efficient and provide a higher level of safety for the families residing in these complexes".
About Poly Shield Technologies Inc.
Poly Shield develops, manufactures and/or 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.
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.
About New World Technologies Group, Inc.:
New World Technologies Group Inc., a wholly owned subsidiary of Poly Shield Technologies 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.
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 CTO
Forward Looking Statements
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SOURCE Poly Shield Technologies Inc.
Source:Poly Shield Technologies Inc.