Environmental Solutions Worldwide, Inc.: Pro Cat CNG/LPG Catalysts Certified by Mexico Government
TELFORD, Pa.--Feb. 21, 2003--Environmental Solutions Worldwide Inc. (ESW) (OTCBB:ESWW), announced that its Pro Cat(TM) CNG/LPG catalytic converters have received four (4) full certifications by the Federal and State Governments of Mexico.White Cat Environmental Systems, ESW's exclusive distribution agent in Mexico working with Impco and Lovato authorized distributors, two Compressed Natural Gas (CNG) and Liquid Propane Gas (LPG) engine conversion companies, have certified ESW's Pro Cat(TM) converters for usage into the Mexico market. The Pro Cat(TM) catalytic converter utilizes the proprietary ESW catalyzed stainless steel substrate. ESW's substrates are designed to be a direct replacement to conventional ceramic substrates, the current industry standard.
The certifications are for Chevrolet/Caja V-8, 5.7 liter; Chevrolet/P-30 V-8, 5.7 liter; Dodge/Ram V-8, 5.9 liter; Ford/F-450 V-10 6.8 liter engines. These engine groups represent the largest cross section being converted to CNG/LPG. There is currently a major push in the Mexico market for CNG/LPG engine conversions to reduce the air pollution created by heavy duty gas/petrol trucks and buses.
Mr. John Donohoe, ESW's CEO, President and Chairman commented, "These new certifications continue to extend our reach into the Mexico market as well as draw attention to our catalyst products. As with our recently PIREC (Program of Integral Reduction of Emissions or Contaminants) certified gas/petrol catalytic converter substrates, the Pro Cat(TM) CNG/LPG catalytic converters were tested and successfully passed all the necessary emission reductions and durability requirements at a Mexican Federal Government emissions lab."
Mr. Donohoe further remarked, "These new certifications are inline with the company's goal to become a complete catalyst supplier for every sector of this market. We believe that working with OEM Company's such as Impco and Lovato will accelerate sales and distribution of our catalyst products within the emission controls market."
About Environmental Solutions Worldwide Inc.
With headquarters in Telford, Pennsylvania, Environmental Solutions Worldwide is a publicly traded research and development company engaged through its subsidiaries in the design, development, manufacture and sale of environmental technologies currently focused on the international automotive and transportation industries. ESW manufactures and markets a line of catalytic emission control products and catalytic conversion technologies for a multitude of applications.
For additional information about ESW, please visit the Company's Web site at: www.cleanerfuture.com.
About White Cat Environmental Systems, S.A. de C.V.
Juan Carlos Flores, General Director of White Cat Environmental Systems, has over 15 years of experience in the market of catalytic converters in the emissions reduction field. Mr. Carlos has collaborated and advised several companies with his knowledge and technical experience. Mr. Carlos has had an important part in the design and development of programs such as the PIREC. Presently White Cat, represented by Juan Carlos Flores is member of the technical committee of the Secretary of the Environment and Natural Resource of the Federal Government, charged with the responsibility of evaluating the Norma 045-ECOL-2002, for Diesel powered vehicles in circulation.
About Impco
Impco is the world's leading source of advanced alternative fuel systems technology and components for internal combustion engines. IMPCO products enable these engines to function using environmentally friendly gaseous fuels such as propane, natural gas and biogas. Headquartered in Cerritos, California, the company has offices in Australia, Europe, India, Japan, Mexico and North America.
About Lovato
Established by Ottorino Lovato in 1958, Lovato is above all an example of a company which gained its place among the leading specialists and operators in the car gas sector with the high quality standards of its activities. Lovato has been a synonym for enterprise for over forty years, and has shown itself to be well ahead of the times in the development and application of economic-environmental ideas. Managed today by the second generation, Rosanna, Riccardo and Luigi, it continues to consolidate its technological heritage, the cornerstone and toolkit for its future development.
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased" "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.