Probe's Strategic Initiatives for 2007 Include the Development of Alternative Fuel Technologies
LAKE FOREST, Calif., Feb. 8, 2007 -- Probe Manufacturing, Inc. (BULLETIN BOARD: PMFI) -- announced today that its strategic plans for 2007 include the allocation of resources sufficient to allow the Company to become a developer of alternative fuel technologies that enables vehicles and generators to operate on clean-burning alternative fuels.
"We are pursuing and focusing more of our resources within the alternative fuel industry while continuing to operate our electronics contract manufacturing business," said our CEO Reza Zarif. "Our alternative fuel business is focused on the alternative fuel industry as defined by the Energy Policy Act of 1992 (EP Act) including ethanol, natural gas, propane, hydrogen, bio-diesel, electricity and methanol. These fuels are being used worldwide in a variety of vehicle and power generator applications. We believe three independent market factors; economics, energy security/independence and environmental concerns, are driving the growth of markets for alternative fuel technology today and in the future." The Company hopes to have several prototypes available by the end of the second quarter of 2007.
The Company's products will include low cost universal engine controllers (ECU) for passenger cars, mopeds, rickshaws, forklifts and generators to provide an economical and efficient engine control system to all markets specially developing countries in Asian and Middle East. Furthermore, the Company will work with engine manufacturers to develop natural gas dedicated engines using our engine management systems to replace dirty old heavy duty diesel engines in school and transit buses, and refuse and delivery trucks in the US, North America and Western Europe.
Probe is also developing a Hydrogen fueled 125/250 KW generators to be used stand along to generate clean energy; or to be used in conjunction with Hydrogen re-fueling stations for storage and regeneration of excess energy produced by solar and wind industries.