Thursday, July 11, 2013

Omnitek Engineering Corp. (OMTK) Diesel-to-Natural Gas Conversion Tech Picked for Port of Seattle Drayage Truck Pilot Program

Omnitek Engineering Corp. reported a major coup for the company today, as their diesel-to-natural gas engine conversion technology has been chosen by the Puget Sound Clean Air Agency for a pilot project designed to help meet EPA guidelines set for 2017 particulate emission levels, addressing the 2k plus unit fleet of drayage trucks currently serving marine container terminals in the Port of Seattle, one of the key cargo gateways between Asia and the U.S.

Primarily selected for the exceptional performance of their proprietary engine conversion technology in the competitive grant process, OMTK has every reason to be smiling today about being chosen for the pilot program. The company’s shareholders should be smiling along with them, as the Omnitek technology’s proven particulate, carbon dioxide, and nitrogen oxide output reductions are spotlighted via this major opportunity. Seattle-based CNG (compressed natural gas) refueling network operator, American Strategic Group (ASG), whose infrastructure is designed to meet the specific requirements of heavy-duty truck fleets, will work alongside Omnitek Engineering during the pilot. Fostering a relationship with ASG like this, which will no doubt lead to further beneficial ramifications for domestic CNG infrastructure development in the region, is a great little subplot to this particular story.

President and CEO of OMTK, Werner Funk, pegged his company’s conversion tech as a real boon for trucking operators who can enjoy lower fuel costs and cleaner combustion endpoints, clearly tipping his hat to markets over their odds at securing the full-scale conversion program. Funk pointed to the recent EPA approval of the company’s technology in heavy-duty Navistar DT466E and DT530E engines as a leading indicator here and pledged to continue the company’s drive to capture additional territory in the diesel engine model conversion space globally as well. This broader strategy will round-out the company’s rapidly growing international presence nicely, as the company focuses on engaging more and more partners in key markets like China and the Pan-Asian region as a whole, in addition to Europe and Latin/South America.

President of American Strategic Group, Stephen Lambo, backed up Funk’s own analysis by pointing out how Seattle has already made the move to convert existing refuse truck and airport taxi infrastructure, making this extension of the CNG envelope to cover drayage trucks a natural evolution. Lambo emphasized how important this conversion upgrading was in a “post-Panamax era of ocean shipping” and underscored the significance of this ability to convert existing assets via the OMTK tech as it pertains to reshaping our domestic CNG infrastructure.

Cleaner combustion through CNG sources is now possible through cost-effective conversion that can make use of existing assets and OMTK is confident that their robust, long-life hardware solutions can address the limited product offerings currently available for heavy-duty applications quite ably. Investors can expect to hear big things out of OMTK as this project advances towards a full-scale conversion program and should stay tuned for an update.

For more information on Omnitek Engineering, visit www.OmnitekCorp.com

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