GreenChek Issues Update on French Pilot Program
07 Maggio 2010 - 2:45PM
Marketwired
GreenChek Technology, Inc. (OTCBB: GCHK) is pleased to announce its
continued pilot program success in France.
Preliminary results outlining the performance of the newly
upgraded ERD™-3.0 show excellent results, which exceed GreenChek's
8% emission savings goal. GreenChek is expected to host independent
European third party testing to finalize emissions reduction and
fuel savings tests in approximately one to two months. Management
expects these results to be pivotal to a widespread uptake of the
ERD™-3.0 throughout Europe's trucking industry.
"GreenChek remains fully committed to the performance of our
product and continues to believe that the upgraded ERD™-3.0 will be
an important driver of change for moving the European
transportation industry to a low emission economy," states Lincoln
Parke, President of GreenChek.
About GreenChek GreenChek Technology, Inc.
is traded under the symbol GCHK on the OTCBB exchange and is based
in San Francisco, California. GreenChek manufactures and
distributes hydrogen injection technology that is primarily focused
on mobile transportation applications, as well as stationary power
generation applications. GreenChek manufactures an emission
reducing device simply known as the ERD™, which can be retrofitted
to any vehicle regardless of fuel source. GreenChek provides
innovative world-class mobile Greenhouse Gas (GHG) emissions
reduction technology, while greatly enhancing fuel economy for the
mobile transportation industry. GreenChek's Onboard Hydrogen
Generation and Injection (OHGI) technology is positioned to occupy
the pre-eminent position in the emerging market for emissions
reduction technology and fuel economy enhancement.
Safe Harbor Statement Statements in this
press release regarding GreenChek's products, services,
capabilities, performance, opportunities, development and business
outlook that are forward-looking involve and are subject to known
and unknown risks, uncertainties and other factors, some of which
are beyond GreenChek's control and difficult to predict, and could
cause actual results to differ materially from those anticipated,
expressed or forecasted in the forward-looking statements. Such
risks and uncertainties may include, but are not limited to: lack
of operating history, transitioning from a development company to
an operating company, difficulties in distinguishing GreenChek's
products and services, ability to manufacture and deploy
GreenChek's products, lack of or delay in market acceptance and
fluctuations in customer demand, dependence on a limited number of
significant customers, reliance on third party vendors and
strategic partners, availability of raw materials, subassemblies
and components, ability to meet future capital requirements on
acceptable terms, continuing uncertainty in the emissions reduction
industry and the global economy, compliance with federal and state
regulatory requirements, timing, availability and success of new
technology and product introductions and the other factors
discussed in GreenChek's filings with the Securities and Exchange
Commission.
For Further Information Contact: Daniel Conway DC
Consulting, LLC (407) 792-3332 investorinfo@dcconsultingllc.com
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