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American Technologies Group Signs Agreement With China's Largest Power Company to Test IE Crystal Technology.


MONROVIA, Calif.--(BUSINESS WIRE)--Aug. 12, 1998--American Technologies Group, Inc. (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
: ATEG ATEG Assembly for the Teaching of English Grammar ), announced today that it has signed an agreement with China National Water Resources & Electric Power Material & Equipment Corporation (CWEMEC), China's largest power company, allowing CWEMEC to test American Technologies' IE(tm) Crystal technology.

Beginning next month, state-owned CWEMEC, the 12th largest corporation in China, will be testing American Technologies' proprietary IE(tm) Crystal for its ability to improve combustion efficiency, decrease emissions, reduce carbon deposition in furnaces and lessen the frequency of equipment overhauls. CWEMEC will test these industrial power-generating applications by including the Crystals in its fuel oils, using its own facilities and personnel. If the results are positive, American Technologies will grant CWEMEC the exclusive right to use and distribute the IE(tm) Crystal in China for use in the generation of power.

Commenting on the agreement, Lawrence J. Brady, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of American Technologies said, "We are very excited that our IE(tm) Crystal technology has won the attention of China's largest power company. The potential is incredible when you consider that CWEMEC serves the power needs of the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China, a country with a population over one billion."

ATG ATG antithymocyte globulin.
lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG)

Atgam

Pharmacologic class: Immunoglobulin

Therapeutic class: Immunosuppressant
 is an advanced science and technology company engaged in the development, commercialization and sale of products and systems using its proprietary technologies. The core technologies are: The High Energy Particle Beam particle beam
n.
A beam of atoms or subatomic particles that have been accelerated by a particle accelerating device, aimed by magnets, and focused by a lens.

Noun 1.
, The IE(tm) Crystal and Vacuum Distillation. These technologies have numerous applications in the nuclear, energy, medical, chemical, oil, personal and home care industries. A new line of all-natural household-cleaning and personal-care products containing ATG's IE(tm) Crystal Technology were introduced in June by 21st Century Global Network, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a joint venture partially owned by ATG. ATG also sells The Force(R), an automotive additive that improves fuel efficiency and, reduces carbon deposits.

    CONTACT: Porter, LeVay & Rose, Inc.
              Jeffrey T. O'Keefe, Account Supervisor
              Debra Potter, Senior Editor
              Elisa Keys, VP-Media Relations
              212/564-4700


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:9CHIN
Date:Aug 12, 1998
Words:324
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