Environmental Solutions Worldwide, Inc.: Receives $1 Million Sales Orders for its ETV Canada Verified, Diesel Utility Engine Catalysts and Engine Certification Services
Tuesday February 1, 11:19 am ET
TELFORD, Pa.--(BUSINESS WIRE)--Feb. 1, 2005--Environmental Solutions Worldwide, Inc. (ESW) (OTCBB:ESWW - News) announced that the Company's wholly owned subsidiary, ESW America (ESWA) has received Purchase Orders (PO's) totaling in excess of $1 million US dollars for its ETV Canada verified(a), high performance utility engine Diesel Oxidation Catalyst (DOC) branded "Quiet Cat(TM)" and Engine Certification Services.
ESWA has been supplying catalytic solutions and testing services to this customer since "Air Testing Services" (ATS) emissions lab took their first diesel engine through the US-EPA and California-ARB certification process. Certification by the Environmental Protection Agency (EPA) and the California Air Resources Board (CARB) are mandatory Government requirements for any manufacturer or importer to sell their engines into the North American market. The government certifications for exhaust emissions compliance were achieved with the use of ESW's high performance DOC as the emissions control device. As such, the ESW catalyst became a permanent part of the certified configuration. ESW's Quiet Cat(TM) catalytic/muffler system reduced Particulate Matter (PM) and other toxic emissions as required to meet current government and state compliance standards. To date, "Air Testing Services" (ATS) has taken three (3) diesel and three (3) gas utility engines through full EPA/CARB government certifications programs for this customer.
ATS completed testing services, and ESWA delivered 10,000 units in December 2004. Manufacturing is currently underway for an additional 10,000 units needed to fill the most recent PO received in Jan, 2005. This latest order of Quiet Cat's(TM) is scheduled to ship in March 2005.
Mr. David Johnson, ESW's President and CEO commented, "We are pleased to see our long term customers continuing to purchase our proprietary Quiet Cat(TM) utility engine catalyst/muffler systems for their regulatory needs. We believe that the success of our engine certification program continues to develop into a solid foundation of growing customer sales for our unique small metallic catalysts product line."
Mr. Johnson further remarked. "We reported in November of 2004, ESW America, Inc. and its emissions testing division "Air Testing Services" is in the process of moving into its new World Class Tech Center located in Montgomeryville, PA. When complete in the first quarter of 2005, this new facility will house seven new complete engine dynamometer emissions test cells, including three specifically designed to service utility engine certification programs. We believe that these cells are needed to meet the increasing customer demand."
# (a) In April of 2004, ESW was invited by ETV Canada to attend the Globe 2004 hosted in Vancouver, Canada. At the event, ESW received its ETV Canada certificate from the then Minister of the Environment, his Honorable David Anderson, P.C., M.P. The ETV Canada certificate was for the Company's Catalyst/Muffler system Quiet Cat(TM). The Quiet Cat(TM) is the only diesel catalyst to be certified under the ETV Canada program, and was verified to achieve PM reductions of 67% by weighted average.
About Environmental Solutions Worldwide Inc.
With headquarters in Telford, Pennsylvania Environmental Solutions Worldwide is a an ISO 9001:2000 certified publicly traded 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 currently 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: cleanerfuture.com
Safe Harbor
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased" "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
Environmental Solutions Worldwide, Inc. (OTC Bulletin Board:ESWW - News)
Contact:
Environmental Solutions Worldwide, Inc.
Investor Relations
1-905-850-9970
investors@cleanerfuture.com
Source: Environmental Solutions Worldwide, Inc.
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