The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

puraDYN Filter Technologies and PACCAR Sign Aftermarket Agreement; puraDYN By-Pass Oil Filtration System To Be Available Through 500 Kenworth and Peterbilt Dealers

    BOYNTON BEACH, Fla.--Sept. 4, 2002--puraDYN Filter Technologies Inc. (AMEX:PFT), the global by-pass oil filtration system company, today announced that it has significantly enlarged its distribution network through an aftermarket agreement with PACCAR , a worldwide technology leader in the design, manufacture and customer support of high-quality trucks. Through the program, approximately 500 participating Kenworth and Peterbilt dealers will be able to offer puraDYN's proprietary filtration systems as an aftermarket option.
    "This aftermarket program will allow PACCAR to meet the efficiency and environmental needs of its customers," commented puraDYN's President and Chief Operating Officer Kevin G. Kroger. "The puraDYN system significantly reduces new oil purchases and disposal costs by safely extending oil drain intervals, which will save their customers money and downtime. In addition, the system minimizes the environmental effects associated with frequent oil changes."
    The puraDYN By-Pass Oil Filtration System(R) is a highly efficient by-pass filter system that can be installed on any engine or hydraulic equipment. It has been designed and developed to dramatically and safely extend oil drain intervals. The system significantly reduces operating expenses, maintenance costs, capital expenses and environmental impact.
    "We are delighted to have a world-class leading manufacturer such as PACCAR and their dealer organization join our distribution network," stated Richard C. Ford, puraDYN's CEO. "The agreement further endorses our technological know-how and value-add to customers and demonstrates our focus and commitment to expanding our distribution network in key growth markets."
    Since July 2001, puraDYN's international and domestic distribution network has increased by 41%. Last month, puraDYN reported that net sales increased by 81% in the second quarter of 2002 and that manufacturing capacity was doubling in order to meet current and anticipated business opportunities.

    About puraDYN Filter Technologies

    puraDYN (AMEX:PFT) designs, manufactures and markets the puraDYN(R) By-Pass Oil Filtration System, a unit that continuously cleans lubricating oil; maintains oil viscosity; and safely and dramatically extends oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the patented and proprietary system is a cost-effective and energy conscious solution targeting a $7.8 billion potential market. The Company has established aftermarket programs with several of the transportation industry leaders. For more information on puraDYN Filter Technologies Inc., visit http://www.puradyn.com

    Statements in this press release which are not historical data are Forward-Looking Statements which involve known and unknown risks, uncertainties or other factors not under the Company's control, including but not limited to the possible inability to raise capital funds, lack of protection from intellectual property, vulnerability because of manufacturing a limited number of products, dependence on distributors, and the possibility that the products do not meet customers' needs, which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these Forward-Looking Statements. These factors include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission.