NEW YORK, May 15, 2014 /PRNewswire/ --
Energtek Inc. (OTC: EGTK), a leader in hi-tech natural gas
solutions and Adsorbed Natural Gas (ANG) technology, announced
today that its subsidiary in the USA, Energtek North Country Inc. (NCI) has
purchased land in Swanton,
Vermont, for construction of its regional distribution
facilities.
"We are happy to announce that Energtek NCI has purchased land
from the town of Swanton,
Vermont," said CEO Energtek NCI Dr. Timothy Nulty.
Dr. Nulty expounded: "We have taken another major step forward
towards the start of operations in Vermont, New England and New York State - where there are many areas
not served by gas pipelines. The location chosen for our first
filling station has several advantages:
- A major supply pipeline runs through the land
- There is an exit to a major highway
- Access to the cheapest power (rates) in the State of Vermont
- Within a radius of 50 miles there are many end-users who wish
to convert to natural gas.
About Energtek
Energtek develops and applies innovative mobile transportation
solutions for industrial consumers and fleets of small vehicles.
Energtek operates subsidiaries in North
America, Europe and
Asia.
To learn more about Energtek, visit the newly revamped website:
http://www.energtek.com
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Securities Exchange Act of 1934, as amended. All
forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of Energtek and its technologies.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which are only predictions. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and other matters set in Energtek's filings. These risks
and uncertainties could cause actual results to differ materially
from those indicated in the forward-looking statements.
Contacts:
Investor Relations
IR@energtek.com
+1(212)-999-6202
SOURCE Energtek Inc.