TEMPE, Ariz., Jun 21, 2010 (GlobeNewswire via COMTEX) -- EcoEmissions Solutions, Inc. /quotes/comstock/11k!ecmz (ECMZ 0.45, +0.00, +1.01%) is pleased to announce that it has completed the definitive agreement to acquire EcoEmissions Systems, Inc. "Cleaning up the Environment one diesel engine at a time."
EcoEmissions with its proven emissions-reducing Catalyst Injection System(TM) (CIS(TM)) is initially focusing on the MULTI BILLION dollar global marine and large diesel engine market place for the following reason:
Data from maritime industry insiders based on engine size and the quality of fuel typically used by ships and cars shows that just 15 of the world's biggest ships may now emit as much pollution as all of the world's 760m cars. Low-grade ship bunker fuel (or fuel oil) has up to 2,000 times the sulphur content of diesel fuel used in US and European markets.-- There are 200,000 ships globally. -- 70% of all ships emissions are within 260miles/400km of land. -- 85% of all ship pollution is in the Northern Hemisphere.
(Source: guardian.co.uk, 9 April 2009, John Vidal environmental editor)
ECMZ managements' mandate is to focus on this serious Environmental problem, initially being the marine and large diesel engine market, followed by the smaller vehicles such as highway freight trucks and construction equipment.
The Eco unit (patented) injects the platinum-based catalyst solution into the engine cylinders via the air stream therefore allowing for a more complete burn of the diesel fuel, resulting in more power, reducing pollution dramatically and extending the engine life. It is a fairly simple installation by trained personal. The catalyst is then replaced every 500 hrs, which is the time engines get serviced (razor and blade model).
About EcoEmissions Solutions - EcoEmissions Solutions, Inc. /quotes/comstock/11k!ecmz (ECMZ 0.45, +0.00, +1.01%) is an innovation company with the first industry-proven, cost-effective, and commercially viable technology that substantially improves fuel efficiency and reduces emissions of commercial and industrial diesel engines. Eco's technology is covered by patents, patents pending, trade secrets and trademarks. For more information, please visit the SEC's EDGAR system or www.eco-emissions.com send an email to email@example.com or call 1 (800) 372-1657
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks, and uncertainties, including, without limitation, possible changes in cost of materials, expense items, capital expenditures, capital structure, and other financial items; introduction of new products and possible acquisitions of assets or businesses: possible actions by customers, suppliers, competitors, regulatory authorities: and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
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SOURCE: EcoEmissions Solutions, Inc.CONTACT: EcoEmissions Solutions, Inc. Thomas L. Crom (928)978-4215
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