Save On Energy, Inc. Announces the Completion of a New Digital Diesel Natural Gas Control System.Business Editors/Energy, Environmental & Automotive Writers ATLANTA--(BUSINESS WIRE)--Jan. 22, 2002 Save On Energy, Inc. (SAVE) - (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :SOEI SOEI Sigurd Olson Environmental Institute (Ashland, Wisconsin) ) announced today that it has completed the development of a new digital fuel control system for heavy duty vehicles and stationary diesel engines. This new system will allow natural gas to replace up to 80% of a diesel engine's fuel requirements. The system is designed to precisely meter natural gas into the combustion cycle throughout the engines operating torque and power curves. Save On Energy, Inc. has developed and currently markets a patented, dual fuel natural gas retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in system which, when installed on a diesel engine vehicle, permits the use of natural gas and diesel fuel together. The operation of the system results in both a reduction of pollutants pollutants see environmental pollution. and significant reduction of diesel fuel. Uniquely, the SAVE system constantly monitors many engine operating parameters and alters the amount of natural gas and diesel fuel based on engine speed and load. No modifications are made to the original engine when converting the vehicle. The new digital fuel control system is unique from previous designs and the competition in that the system allows natural gas to be injected into the combustion cycle at engine idle. This process enables the Save On Energy equipment to significantly reduce the amount of nitrogen oxides (NOx), particulate matter particulate matter n. Abbr. PM Material suspended in the air in the form of minute solid particles or liquid droplets, especially when considered as an atmospheric pollutant. Noun 1. (PM) and other undesirable emissions. This development will be of particular interest to the operators of diesel equipment used in the standby generation market. In some areas of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , environmental regulations require that diesel equipment meet stricter emissions standards. With the new digital unit, an operator has more solutions to choose from. "This equipment will provide a low cost emissions compliant choice for the customer," said Robert Stiles Stiles can refer to: People
An additional feature of this new digital system is that it allows the equipment to be tailored to a specific engines operational requirement. "We have designed this system to perfectly match the original equipment manufacturers design specifications so that there is no loss of power and the reliability of the engine is not compromised," said Stiles. The equipment will be supplied by Save On Energy's subsidiary company, Electronic Fuel Control, located in Atlanta, Georgia. About Save On Energy, Inc. Save On Energy, Inc. is an emerging alternate fuel technology company whose international focus is to reduce diesel engine exhaust emissions and diesel fuel consumption. In the United States, this supports the U.S. Energy Policy Act regarding energy security and the U.S. Clean Air Act by obtaining significant air quality improvements compared to diesel exhaust emissions. Through its Electronic Fuel Control (EFC EFC Expected Family Contribution EFC Expect(ed) Further Clearance EFC Evangelical Fellowship of Canada EFC Evangelical Free Church EFC Eastfield College EFC Everton Football Club EFC Electronic Fee Collection ) division, the company has developed, patented and commercialized electronic engine management systems that enable diesel engines to operate using natural gas without engine modifications. Save On Energy, Inc. is headquartered in Atlanta, Georgia and trades on the OTC as SOEI. Web site: http://www.electronicfuelcontrol.com The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. |
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