Emission & Power Solutions Signs New Distributor for FX Reactor Targeting Multi-Billion Dollar Oil & Natural Gas Industry and Receives New Order for 300 FX Reactors
Emission & Power Solutions Signs New Distributor for FX Reactor Targeting
Multi-Billion Dollar Oil & Natural Gas Industry and Receives New Order for 300
FX Reactors
LONDON, Nov. 12 /PRNewswire-FirstCall/ -- Emission & Power Solutions, Plc
("EPS", "the Company"), a clean tech company, announced today that it signed a
new distributor, BC Management Services Corp ("BCMS"). BCMS will distribute
the FX Reactor to its clients in the oil & natural gas industry and purchase
300 FX Reactors for their own fleet. BCMS clients include market leaders
within the multi-billion dollar industry. BCMS will focus on the oil and gas
field service sector across the state of Kansas and beyond. There is a
significant need for a fuel efficiency product for fleets operating in the
Hugoton Field and the FX Reactor will serve that need. The Hugoton Field is
located in the western half of Kansas and extends into Colorado and New
Mexico. The Hugoton Field is one of the top 10 producing fields in the United
States.
Erik Ulsteen, CEO & Chairman of EPS stated, "We are excited to begin working
with BC Management Services. Fleet operators are looking to reduce fuel costs
while also reducing their environmental impact; the FX Reactor is the best
solution available. This agreement further reinforces the global movement
towards carbon neutrality. Our FX Reactor reduces the carbon footprint along
with improving fuel efficiency."
EPS recently went public on the Borse Frankfurt and trades under the symbol
EPI (Yahoo Finance ticker: EPI.F, Bloomberg ticker: EPI:GR).
About EPS:
EPS is a "clean tech" company that licenses, acquires, develops, deploys, and
transfers technologies dedicated to improving fuel economy while also reducing
environmentally harmful exhaust emissions. Using advanced fuel treatment
devices, EPS has developed a proprietary multi-phase process utilizing
engineered flow patterns in order to restructure fuel hydrocarbons. This
increases fuel efficiency and produces a cleaner burn during the engine's
combustion cycle. EPS has a portfolio of technologies in production and
development and continues to expand its patented product line.
EPS' primary product is the FX Reactor In Line Device that reduces fuel
consumption, increases horsepower, and significantly reduces emissions. The FX
Reactor is an aftermarket apparatus that can be added directly into the fuel
line of any diesel engine. EPS is also developing a Potentiometric Sensor
that selectively detects and measures combustion gases, allowing for a further
reduction in emissions and improved fuel efficiency. The third technology EPS
is developing is an On Board Distillation System that vaporizes fuel in order
to produce a cleaner engine start and reduce total hydrocarbon emissions.
For more information about EPS and its technologies, please visit the Company
website at www.epsaves.com, or please contact:
Ross Silver
Investor Relations
North America
+ 1 310.744.5268
www.vistap.com
Christian Klingebiel
Investor Relations
Europe
+ 41 415 000 727
SOURCE Emission & Power Solutions, Plc
Ross Silver, Investor Relations, North America, +1-310-744-5268, or Christian
Klingebiel, Investor Relations, Europe, + 41 415 000 727, both for Emission &
Power Solutions, Plc
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