Mexican News
February 10, 2003 09:04
Environmental Solutions Worldwide, Inc.: Catalyst Products Certified for PIREC Vehicle Emissions Program by Mexico Government
TELFORD, PENNSYLVANIA--Environmental Solutions Worldwide Inc. (ESW) (OTCBB:ESWW - News), announced today that its Enviro Cat(TM) gas/petrol catalytic converter substrates have been certified by the federal and state government of Mexico allowing for their usage in the vehicle emissions control program referred to as PIREC (Program of Integral Reduction of Emissions or Contaminants). The PIREC Program represents Mexico's largest and most aggressive program to date aimed at reducing the airborne pollution generated by the millions of vehicles in Mexico City and Mexico State by the application of catalytic converters.
ESW originally approached the Mexico market through a business relationship with Nissho Iwai Canada, Ltd. providing them with a finished catalytic converter product. However, the Company has moved to a more direct marketing and sales arrangement with White Cat Environmental Systems, S.A. de C.V. of Mexico. In addition, the finished catalytic converters are now being canned and assembled in Mexico by the OEM muffler and converter manufacturer Peasa (Productos Especializados de Acero, S.A. de C.V.) who has an established working relationship with White Cat.
Peasa, working closely with White Cat Environmental Systems was successful in achieving certification on four specific ESW Enviro Cat(TM) gas/petrol catalytic converter substrates. These substrates are being canned by Peasa for vehicle applications with engines ranging from 1.7 to 5.9 liters in size. With this certification, ESW has become the first substrate manufacturer to qualify a Stainless Steel catalyzed substrate into the PIREC program. The final Certification was granted in January, 2003.
On January 31, 2003, Dave Johnson, Senior VP of Sales and Rob Marino, Director of Product Development from ESW attended a Mexico DF and State product launching ceremony in Mexico City hosted by Peasa and White Cat to introduce the PIREC certified converters using the Enviro Cat(TM) substrates to the major catalytic converter distributors and installation companies involved in the program.
Mr. John Donohoe, ESW's CEO, President and Chairman commented, "We believe that this certification represents a major milestone achievement for ESW's catalytic products and programs and further validates the acceptance of the Company's proprietary substrate designs and performance. ESW's catalytic converter substrates were tested successfully at length in Mexican Federal Government emissions labs and met all the emissions reductions requirements for full participation in PIREC."
Mr. John Donohoe further remarked "This has been a long and arduous program with ESW's substrates surpassing many hurdles that any new product would face in achieving this level of government acceptance. Our partner in Mexico, White Cat has established a solid distribution infrastructure over the past year while waiting for the final approval and we are anticipating only positive results as they are now able to aggressively market and sell the ESW's catalytic substrates canned by Peasa into the PIREC program."
About Environmental Solutions Worldwide Inc.
With headquarters in Telford, Pennsylvania Environmental Solutions Worldwide is a publicly traded research and development company engaged through its subsidiaries in the design, development, manufacture and sale of environmental technologies currently focused on the international automotive and transportation industries. ESW manufactures and markets a line of catalytic emission control products and catalytic conversion technologies for a multitude of applications.
For updated information, please visit the Company's Web site at: www.cleanerfuture.com.
About White Cat Environmental Systems, S.A. de C.V.
Juan Carlos Flores, General Director of White Cat Environmental Systems, has over 15 years of experience in the market of catalytic converters in the emissions reduction field. Mr. Carlos has collaborated and advised several companies with his knowledge and technical experience. Mr. Carlos has had an important part in the design and development of programs such as the PIREC. Presently White Cat, represented by Juan Carlos Flores is member of the technical committee of the Secretary of the Environment and Natural Resource of the Federal Government, charged with the responsibility of evaluating the Norma 045-ECOL-2002, for Diesel powered vehicles in circulation.
About Peasa (Productos Especializados de Acero, S.A. de C.V)
Peasa located in Mexico, began its operations with the production of steel tubes and later diversified toward the automotive industry and high precision steel tubes. Currently Peasa uses their own technology in order to manufacture a wide range of steel tubes, exhaust systems, catalytic converters and light stamping process. Peasa has more than 14 years of experience as a muffler, catalyst manufacture and supplier to original equipment manufacture (OEM) and Tier 1 companies such as Nissan, Visteon (Ford), Isuzu and Calsonic. The company's main automotive business is high volume OEM muffler and catalyst production adhering to strict QS-9000 standards.
Please visit the Company's Web site at: peasa.com.mx |
