GreenChek Delivers Initial Purchase Order
November 09 2010 - 7:45AM
Marketwired
GreenChek Technology Inc. (OTCBB: GCHK) today announced that they
have delivered their first purchase order for the ERD™-3.1, an
innovative world-class mobile greenhouse gas emissions reduction
and fuel economy enhancement product.
The initial order of two units was installed on Euro IV
heavy-duty transportation vehicles in the United Kingdom, in early
September 2010. Performance data of the ERD™-3.1 thus far has shown
approximately 10% fuel savings and a 50+% reduction in greenhouse
gas emissions (nitrous oxides, hydrocarbons and carbon monoxide).
The company is looking forward to meeting their goal of an
additional purchase order of 50 units in the next 6 months.
Heavy-duty trucks continue to be a major source of fossil fuel
consumption and greenhouse gas pollution. Aimed at heavy truck,
light truck and passenger car applications in North America, Europe
and Asia, the ERD™-3.1 includes effective application to meet
diesel exhaust emission regulations, as well as an innovative
solution for the increasingly stringent standards recently mandated
in the U.S. and Europe. "We are particularly proud to provide a
highly engineered emissions reduction technology that can be
tailored to specific applications whether in the U.S., Europe or
Asia," said Lincoln Parke, President of GreenChek Technology
Inc.
About GreenChek GreenChek Technology Inc.
is traded under the symbol GCHK on the OTCBB exchange and is based
in San Francisco, California. GreenChek manufactures and
distributes hydrogen injection technology that is primarily focused
on mobile transportation applications, as well as stationary power
generation applications. GreenChek manufactures an emission
reducing device simply known as the ERD™, which can be retrofitted
to any vehicle regardless of fuel source. GreenChek provides
innovative world-class mobile Greenhouse Gas (GHG) emissions
reduction technology, while greatly enhancing fuel economy for the
mobile transportation industry. GreenChek's Onboard Hydrogen
Generation and Injection (OHGI) technology is positioned to occupy
the pre-eminent position in the emerging market for emissions
reduction technology and fuel economy enhancement. Please visit our
website: www.greenchektech.com.
Safe Harbor Statement Statements in this
press release regarding GreenChek's products, services,
capabilities, performance, opportunities, development and business
outlook that are forward-looking involve and are subject to known
and unknown risks, uncertainties and other factors, some of which
are beyond GreenChek's control and difficult to predict, and could
cause actual results to differ materially from those anticipated,
expressed or forecasted in the forward-looking statements. Such
risks and uncertainties may include, but are not limited to: lack
of operating history, transitioning from a development company to
an operating company, difficulties in distinguishing GreenChek's
products and services, ability to manufacture and deploy
GreenChek's products, lack of or delay in market acceptance and
fluctuations in customer demand, dependence on a limited number of
significant customers, reliance on third party vendors and
strategic partners, availability of raw materials, subassemblies
and components, ability to meet future capital requirements on
acceptable terms, continuing uncertainty in the emissions reduction
industry and the global economy, compliance with federal and state
regulatory requirements, timing, availability and success of new
technology and product introductions and the other factors
discussed in GreenChek's filings with the Securities and Exchange
Commission.
For Further Information Contact: DC Consulting, LLC (407)
792-3332 investorinfo@dcconsultingllc.com
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