Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (3356)	7/21/1999 2:17:00 PM
From: Veritas	Respond to of 4605

TO ALL: I just got beck from Rome. Boy, do they need AFS! There is a constant choking atmosphere all day long. Those mopeds/scooters are used by 10% of the population and the smell is terrible. I'm a smoker who had to turn my head constantly to get a breath of air. Somebody tell AFS to go to Rome!!!!

To: Stew who wrote (3356)	7/27/1999 12:17:00 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 4605

Alternative Fuel Systems Inc. Announces Results of One Year ''Forklift Exhaust Emissions Study'' Molson Canada leads the way by participating in test of AFS NG Sparrow technology at Edmonton Brewery CALGARY, July 27 /CNW/ - Alternative Fuel Systems Inc. (AFS) is pleased to announce receipt of results of a one year study commissioned by ATCO Gas of Edmonton, Alberta and Gas Technology Canada, to determine whether or not there is a significant difference in exhaust emissions produced by propane powered and NG powered fleets of forklifts. ATCO Gas, formerly Northwestern Utilities and Canadian Western Natural Gas Company Ltd., is the largest natural gas distributor in Alberta. The ''Forklift Exhaust Emissions Study'' was conducted by independent contractors at the Molson brewery in Edmonton. Molson's Health and Safety Manager Peter Rochefort says ''Molson Canada is pleased to be the first company to use the new computerized natural gas conversion systems for forklifts from Alternative Fuel Systems. This type of leading innovation has allowed us to not only improve working conditions but also to enhance efficiency in our Edmonton brewery.'' Long term tests conducted at Molson's Edmonton brewery indicate the use of a positive pressure closed loop natural gas system can substantially reduce emissions when compared to open loop propane systems. The study found that the most toxic emissions, NOx and CO, were reduced 77% and 76% respectively in Sparrow converted forklifts compared with ''just-tuned'' propane forklifts. After a period of operation reflecting normal useage, Sparrow-converted forklift emissions were reduced by 97% (CO) and 84% (NOx) when compared with propane systems. All nine 5 tonne front lift Toyota units at the Molson brewery have now been converted with Sparrow systems. The results of the Molson study mirror four recent case studies reported by the American Gas Research Institute at US firms which independently chose NG powered forklifts to improve air quality while retaining performance and lowering costs. The improvement in the air quality after conversion was dramatic. Non-methane hydrocarbon emissions and CO2, the major greenhouse gas that contributes to global warming, are also substantially reduced compared to gasoline or propane fueled vehicles. Savings in other locations varied by fleet size, ranging from US $7,600 to US $43,000 per year, including added benefits in lower preventative maintenance and equipment repair expenses for NG fueled engines. In addition to lowering emissions, NG benefits include improved safety and economics. For the same fuel dollar spent, an NG powered vehicle can travel (on average) 78% further than a gasoline powered vehicle and 36% further than one using propane. NG has an excellent safety record and provides convenient time-saving refueling, using a sealed system with no need to connect and reconnect bottles/tanks. There is no noticeable loss of acceleration or engine performance. Cost reductions in fuel, ventilation equipment and possible fines, plus increased worker productivity, lead to a short payback of the cost of conversion. The AFS Sparrow has very tight fuel control, reliability, and built in self-diagnostics in a compact package that makes for ease of installation. There are an estimated 1.6 million forklifts operating in North America. The average cost of an AFS Sparrow NG System is CDN $1800. The indoor engine market includes sweepers and ice resurfacers which will be additional targets for commercial NG conversion. AFS designs, develops and markets advanced technology fuel management and exhaust treatment systems that permit diesel and gasoline engines to operate on clean burning, environmentally friendly compressed natural gas. The innovative Sparrow and Eagle Technologies along with the revolutionary Condor (reverse flow catalytic converter) have positioned AFS on the cutting edge of global efforts to reduce engine emissions. AFS has successfully won contracts in Mexico, China, Iran and Australia and is engaged in ongoing negotiations in many regions of the world including India, Japan, Chile and Europe. AFS is listed on the Vancouver Stock Exchange, trading under the symbol ATF. The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. %SEDAR: 00003847E -0- 07/27/1999 For further information: Jo-Anne Cappis, Investor Relations, (403) 262-1833, Fax: (403) 237-7441, email: afsweb@telusplanet.net, website: www.altfuelsys.com -------------------------------------------------------------------------- Release sent courtesy of Canada NewsWire Portfolio Email. To update your email portfolio, point your web browser here: portfolio.newswire.ca Please address any questions about your portfolio to cnw@newswire.ca Visit newswire.ca to view CNW's unique, new Canadian Earnings information centre - the place to find comprehensive, up-to-date, earnings information and history for Canadian public companies. Tap the power of our website to access the most recent and complete earnings information available in Canada. Or get more company information by planning to attend one of the growing number of online earnings conference calls by visiting our site to learn the time, date and url for the call.