Kenworth Factory Installs puraDYN Filter Systems for Fort Worth Carrier Corporation.Business EditorsLIVONIA, Mich.--(BUSINESS WIRE)--July 24, 2001 Fort Worth Carrier Works With Kenworth to Equip All New Trucks With puraDYN By-Pass Oil Filtration Systems The Fort Worth Carrier Corporation of Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. has arranged with Kenworth Truck Company, one of the nation's leading manufacturers of commercial vehicles, to factory-install By-Pass Oil Filtration Systems from puraDYN(R) Filter Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PFTI) on all new trucks they order. The announcement was made by Kevin G. Kroger, President/COO of puraDYN. "We have enjoyed working with Fort Worth Carrier for the past six years as a partner in reducing fleet maintenance cost, saving energy, benefiting the environment and extending vehicle life," said Kroger. "Our new arrangement allows us to work together with Kenworth to ensure all new vehicles for Fort Worth Carrier are equipped to operate at optimal performance levels with substantially increased intervals between oil drains." Fort Worth Carrier maintains a fleet of 147 large and medium trucks. Every truck in the fleet currently uses a puraDYN By-Pass Oil Filtration System. The company recently accepted an order of nine (9) new Kenworth trucks equipped with puraDYN systems that had been installed at the factory. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bud Durden, owner of Fort Worth Carrier, his company uses puraDYN's filters as part of the extended life program for their vehicles. The company combines the filter's ability to remove soot soot, black or dull brown deposit of fine powder resulting from incomplete combustion of fuel of high carbon content, e.g., coal, wood, and oil. It consists chiefly of amorphous carbon and tarry substances that cause it to adhere to surfaces. and other contaminants down to 0.25 micron with synthetic oils Synthetic oil is oil consisting of chemical compounds which were not originally present in crude oil (petroleum) but were artificially made (synthesized) from other compounds. to substantially increase engine life and oil drains. About puraDYN puraDYN manufactures and markets the puraDYN By-Pass Oil Filtration System, a unit that continuously filters lubricating oil by reducing solid contaminants down to 0.25 micron, as well as removing liquid contaminants, therefore maintaining the oil's viscosity and greatly reducing or even eliminating the necessity for oil changes. As a result of this continuous process, the useful engine life can be extended. The puraDYN system is effective for internal combustion engines Internal combustion engine A prime mover, the fuel for which is burned within the engine, as contrasted to a steam engine, for example, in which fuel is burned in a separate furnace. , hydraulic applications and automatic transmissions in the automotive, transportation, construction, marine, agriculture, mining, military and power generating industries. In addition to the economies realized by the reduced purchases of new oil and the costs of disposing of used oil (up to 90%) and extended equipment life, the puraDYN By-Pass Oil Filtration System has been certified as a "Pollution Preventing Technology" by the California Environmental Protection Agency The California Environmental Protection Agency (Cal/EPA) was created in 1991 by Governor Pete Wilson, through an executive order.[1] The agency combined six board, departments, and offices into one cabinet-level office:[2] For more information on puraDYN Filter Technologies Inc., visit www.puradyn.com. With the exception of the historical information contained in this news release, the matters discussed above include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Actual results may vary substantially as a result of a variety of factors. Among the important factors that could cause actual results to differ are the ability of the Company to increase revenues and gross profit margins Gross profit margin Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold. gross profit margin A measure calculated by dividing gross profit by net sales. , the levels of selling, general and administration costs as well as research and development costs, validation of the puraDYN Filtration System by OEMs and the effects of competition. The failure of any of these factors could cause actual results to differ materially from the forward-looking statements discussed above. |
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