Environmental Solutions Worldwide Announces Sales Orders Of $250,000
MARKHAM, Ontario--March 27, 2001--Environmental Solutions Worldwide, Inc. (ESW) (OTCBB:ESWW), a company that develops, manufactures and markets environmental technologies, today announced that since mid-January 2001, the Company has received orders in excess of one quarter million dollars for its catalytic converters, converter substrates and engine certification services.Over this short period of time, ESW has been contracted by companies, which are seeking EPA certification and catalyst products for internal combustion engines. A competitive environment compels the Company to protect the privacy of its clients. These engines, equipped with either the Enviro-Cat(TM) or Clean Cat(R) catalytic converter, have and are undergoing testing at the Company's EPA / CARB authorized emissions testing lab (ATS) in Telford, PA. Once ESW completes the EPA certification, ESW's client is permitted to market their engine in North America.
David Johnson, Chief Operating Officer of ESW, commented: "These certifications are a vital precursor to furthering our converter sales, as it is important to understand that engines fitted with one of our converter products and subsequently EPA certified are then required to be equipped with that same ESW converter product in order to be sold."
Mr. Johnson continued: "The Company has received a number of orders for its Enviro-Cat and Clean Cat converters, as well as its catalyzed substrates. These products are being used in a variety of applications, including the European and Far East automotive retrofit markets, as well as the U.S. stationary power genset and utility engine markets."
Bengt Odner, Chairman of ESW, remarked: "Environmental Solutions has rapidly developed its capabilities as an effective product development company. Presently, we are able to research, develop, test and produce marketable catalytic products. It is exciting to witness the development of sales for both our Enviro-Cat and Clean Cat products. Since our initial order, received in January, we have steadily increased our order booking. The testing and certification services ATS generates will enhance ESW's ability to present viable emissions solutions to the various industries to which we market. The wide interest in our products and services is encouraging to management, as we are confident it will help us create and build long-term shareholder value."
Mr. Odner added: "The Company previously announced its first order in January for a custom-built Clean Cat converter which was delivered for a standby diesel generator for the global e-Messaging Service Provider, USA.NET. This order has created numerous inquiries for further potential sales and we have presently tendered quotes for over 60 installations in North America alone for this segment of our catalyst product line."