GreenChek Announces Entry Into Thailand
15 6월 2009 - 8:00PM
Business Wire
GreenChek Technology Inc. (OTCBB:GCHK), a leading globally
focused provider of hydrogen-based technology for mobile
transportation and stationary power generation applications, is
pleased to announce the Company has entered preliminary verbal
discussions with a major natural gas convertor and distribution
company in Thailand (�Thai-Co�). The verbal agreement includes
terms whereby GreenChek will joint venture with Thai-Co to sell
GreenChek�s proprietary hydrogen-based emission reduction
device.
The JV will purchase GreenChek�s ERD-2.0 and sell them to fleet
owners and dealers in Thailand. GreenChek will offer training to
the fleets and dealers to allow them to install ERD units in their
heavy goods vehicles in their own maintenance workshops. Thai-Co�s
distribution network includes more than twenty dealers across
Thailand.
Lincoln Parke, President, commented, �We are privileged by this
opportunity to distribute our ERD product in Thailand for the
future of cleaner transportation.�
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.
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 GreenCheks'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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