EnerTeck Corporation Announces Business Development Agreement to Measure Fuel Efficiency for Maritime Customers
STAFFORD, Texas, Sept. 8 -- EnerTeck Corporation (BULLETIN BOARD: ETCK) (the "Company") today announced that its wholly owned subsidiary, EnerTeck Chemical Corp. ("ECC") has entered into a business development agreement with Janelle Engineering, Inc. ("JEI") for the purpose of measuring and recording fuel efficiency for EnerBurn(TM) customers within the maritime industry.
JEI measures and displays the vessel's status in terms of vessel speed, propeller slippage, output torque, and horsepower under varying sea and wind conditions while the vessel is underway, thereby minimizing vessel downtime. The fuel efficiency test procedure will begin with a baseline test that will be used to compare fuel efficiency both before and after EnerBurn(TM) treatment has been applied. The baseline is a real-time measure of the engine's full load power versus fuel consumption.
After the baseline testing has been completed, which identifies the vessel's overall operating performance, EnerBurn will be applied and a catalytic effect will be developed on the engine combustion surfaces. Thereafter, another round of engine operating measurements will occur, with the derived results compared to the baseline results.
Dwaine Reese, ECC's Chairman, stated, "This business development agreement with Janelle Engineering provides a unique methodology of measuring the effects of EnerBurn while a vessel is in normal operation. In addition to showing the effects of EnerBurn, we can provide the customer with additional measurements they will find useful in their existing maintenance and monitoring programs."
About Janelle Engineering, Inc.
JEI specializes in propulsion system testing and vessel performance documentation for clients such as engine manufactures Caterpillar, Detroit Diesel, Volvo Penta and Cummins, as well as maritime shipping concerns including Teco Ocean Shipping, K-Sea Transportation and Maritrans, to name a few. Further information about Janelle Engineering, Inc. may be obtained by contacting Gerard Janelle, President, at 128 Herald Court, Punta Gorda, FL 33950, or by phone at (941) 575-6614, or by visiting its web site at http://www.jeipower.com/ .
About EnerTeck Chemical Corp.
EnerTeck Chemical Corp. is the wholly owned, operating subsidiary of EnerTeck Corporation, a Company focused on the development and/or acquisition of combustion enhancement, emission reduction, and other environmentally friendly technologies. EnerTeck's diesel fuel specific combustion catalysts, EnerBurn and EC5931A, form a non-hazardous, nano-catalyst surface on the diesel combustion chamber and piston heads. These catalysts lower the combustion temperature of carbon and accelerate oxidation, which enhances the burn rate of diesel fuel in engines. Current users experience increased fuel economy of between 8-15%, reduced engine wear of 30-50%, and increased brake horsepower of approximately 4%. EnerBurn's verifiable impact on the environment includes decreased highway smoke of 25-70% and reduced NOx emissions of 10-20%. This technology was originally introduced commercially by Nalco/Exxon Energy Chemicals, LP, a joint venture between Nalco Chemical Corporation and Exxon Corporation. Additional information can be obtained contacting the Company's CEO, Dwaine Reese or the Company's CFO, Leon van Kraayenburg at (281) 240-1787 or by visiting the Company's web site at http://www.enerteck.net/ .
About EnerTeck Corporation
EnerTeck Corporation is focused on the acquisition and development of energy related technology companies that are involved in the areas of alternative energy, distributed generation, emissions reduction and other "clean" energy technologies. EnerTeck Chemical Corp. was the Company's first acquisition. Further information about EnerTeck Corporation may be obtained by contacting the Company's CEO, Dwaine Reese or the Company's CFO, Leon van Kraayenburg at (281) 240-1787.
This release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that EnerTeck Corporation believes are reasonable, but which are subject to a wide range of uncertainties and business risks. Factors that could cause actual results to differ from those anticipated are discussed in EnerTeck Corporation's filings with the Securities and Exchange Commission ("SEC") (at http://www.sec.gov/ ), including its Annual Report on Form 10-KSB for the year ended December 31, 2003 and its Registration Statement on Form SB-2, as amended and supplemented, which registration statement was declared effective by the SEC on February 11, 2004 (Registration Number 333-108872).