GreenChek Manufacturing Clarification and UK Update
18 4월 2009 - 6:30AM
Business Wire
GreenChek Technology Inc. (OTCBB:GCHK), a leading globally
focused provider of hydrogen based technology for mobile
transportation and stationary power generation applications, would
like to clarify our March 9, 2009 press release regarding
manufacturing capacity in China. The company, through our
manufacturing arrangement, has the capacity to manufacture 1050
units per month. The capacity to manufacture is important and
allows for rapid growth, but we do not have orders for 1050 units
per month at this point in time. The company does not have $50.4
million USD in purchase orders at this time. The $50.4 Million USD
is an approximation based on future potential orders and
manufacturing at full capacity.
As previously announced, the company is on track to complete our
initial UK installations in the second quarter of 2009.
GreenChek manufactures an emission reduction device simply known
as the ERD 2.0, which can be retrofitted to any vehicle or
combustible engine regardless of fuel source. This device reduces
vehicle emissions as well as increases fuel economy.
About GreenChek
GreenChek Technology Inc. (www.greenchektech.com) is traded
under the symbol GCHK on the OTCBB exchange and is based in San
Francisco, California. GreenChek manufactures and distributes
hydrogen injection technology which is primarily focused on mobile
transportation applications, as well as stationary power generation
applications. 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. GreenChek has operations in the United States, Canada,
Asia and Europe.
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.
Greenchek Technology (CE) (USOTC:GCHK)
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Greenchek Technology (CE) (USOTC:GCHK)
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