Environmental Solutions Worldwide Inc.: Particulate Reactor'TM' Level II Catalyst Technology Selected for EPA Funded Demonstration in Beijing China
CONCORD, Ontario--March 28, 2006--Environmental Solutions Worldwide Inc. (ESW) (OTCBB:ESWW) announced today that the Company's Particulate Reactor(TM) Level II diesel emissions reduction catalyst was selected by the Environmental Protection Agency (EPA) for an EPA sponsored retrofit demonstration program in Beijing China.Last year, EPA and SEPA signed a Memorandum of Understanding to collaborate on an integrated set of clean fuels and vehicles projects. EPA committed to providing technical expertise and $200,000 toward diesel retrofit demonstrations. The Southwest Research Institute will manage the Beijing bus retrofits, coordinating closely with EPA, the Chinese government, the Bus Company, and emissions control vendors. The institute, a Texas-based nonprofit specializing in technology transfer, is contributing matching funds to the project. The pilot program is expected to be completed by August 2007.
ESW's Particulate Reactor(TM) was the only Level II(2.) device selected for the demonstration which includes Level I(1.) diesel Oxidation Catalysts (DOCs) provided by Engelhard and Level III(3.) Diesel Particulate Filters (CCRT(TM)) (DPFs) provided by Johnson Matthey. All of the emissions reduction devices will be installed on transit buses owned and operated by Beijing Public Transport Holdings, Ltd. The transit company operates a total of approximately 19,000 buses of which about 8,000 buses are equipped with diesel engines. The buses involved in the retrofit program will be operated in the city of Beijing on pre-selected in-service operating routes.
In July 2001, Beijing won the right to stage the 2008 Olympic Games. During the process of wining the bid, Beijing committed to spending in excess US$5.4 billion US towards the improvement of the city's air quality. Air pollution in China is increasing rapidly, much of it due to the rising number of vehicles. In Beijing alone, close to 1,000 vehicles are being added to the roads each day. The fine particulate matter and other emissions from existing diesel-powered trucks and buses contribute to air pollution in Beijing and other large cities and pose serious public health impacts.
David J. Johnson, ESW's President and CEO commented, "We are extremely honored to be chosen to take part in an EPA sponsored program of this importance. This program represents a significant and exciting opportunity for ESW to demonstrate our catalyst technology in a high-visibility project in a key city that has a substantial air quality problem. We believe that the Beijing demonstration will receive considerable attention and exposure both within China and around the world."
For further information about this program please visit;
http://www.epa.gov/otaq/retrofit/china2.htm
California Air Resources Board (CARB) Diesel emissions control technology levels:
(1.) Level I, PM reduction between 25-49%
(2.) Level II, PM reduction between 50-84%
(3.) Level III, PM reduction greater than 85%
About Southwest Research Institute (SwRI)
SwRI is an independent, nonprofit applied research and technology institute specializing in engineering and the physical sciences since 1947. Please visit www.swri.org for more information.
About Environmental Solutions Worldwide Inc.
With headquarters in Concord, Ontario, Environmental Solutions Worldwide, Inc. is a publicly traded company engaged through its subsidiaries ESW Canada, Inc. and ESW America, Inc. in the design, development, ISO 9001:2000 certified manufacturing and sales of environmental technologies. ESW currently manufactures and markets a line of catalytic emission control products and catalytic conversion technologies for diesel, gasoline and alternative fueled engines for a multitude of applications.
For updated information, please visit the Company's Web site at: www.cleanerfuture.com
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.
Environmental Solutions Worldwide, Inc. (OTC Bulletin Board:ESWW)