A press release received today from Omnitek Engineering.
SAN MARCOS, Calif., Jan. 22, 2013 (GLOBE NEWSWIRE) -- Omnitek
Engineering Corporation (OTCBB:OMTK) today announced the U.S.
Environmental Protection Agency (EPA) has approved the company's
submission for its diesel-to-natural gas conversion technology for the
widely operated line of heavy-duty Navistar DT466E and DT530E engines
under specific and rigorous criteria related to the agency's Outside
Useful Life definition.
The Navistar DT466E and DT530E engines were produced in 130 different
configurations from 1996 through 2003, representing an estimated
addressable market of 1.5 million potential conversions. Industry
sources estimate the total number of heavy-duty diesel trucks in the
USA exceeds eight million and the large majority of these trucks could
benefit from Omnitek's patented technology.
"Approval of our technology by the EPA represents a significant
milestone for the company and we anticipate tremendous domestic demand
to convert diesel truck and bus engines to operate on liquefied natural
gas (LNG), compressed natural gas (CNG) or renewable biogas," said
Werner Funk, president and chief executive officer of Omnitek
He noted that Omnitek's technology has been utilized outside the United
States since 2001, with more than 5,000 engine conversions currently in
"During the 20-year life span of diesel engines, routine overhauls are
required and service budgets established in advance. By converting
these diesel engines to operate on natural gas during a routine engine
overhaul, truck operators can realize a significant return on
investment, with much lower fuel costs and cleaner combustion," Funk
said. He emphasized the cost benefits of conversions versus new engine
replacement, as well as the limited availability of new natural gas
truck and bus engines to meet pent-up and future demand.
"We are continuing to focus on appointing dealers and authorized
installers to support anticipated demand for conversions, and look
forward to significant domestic growth from the build-out of our
domestic conversion centers across the United States," Funk said.
He added that the company expects to obtain EPA approval for other
diesel engine models to address the anticipated increasing demand from
trucking fleets that operate with other diesel engine models.
About Omnitek Engineering Corporation
Omnitek Engineering Corp. develops and sells proprietary
diesel-to-natural gas 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.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.