To: Jim Bishop who wrote (1014 ) 5/15/1998 7:03:00 PM From: Flea Respond to of 4605
From Canada Stockwatch... Alternative Fuel Systems Inc - Santiago natural gas conversion projects near completion Alternative Fuel Systems Inc ATF Shares issued 24373982 1998-05-14 close $1.26 Monday May 18 1998 Ms. Jo-Anne Cappis reports Alternative Fuel Systems, chosen as one of the main participants in the Sustainable Santiago project in Chile, has successfully installed its Eagle dual-fuel management system on public transportation buses. These vehicles are currently being monitored and road-tested, indicating that this pilot project is well under way and nearing completion. The main objective of the natural gas conversion project is to improve the transportation system, and focuses on verifying the technical and economical feasibility of implementing a transportation system with clean technologies and alternative fuels. In a second pilot project, the Business Development Centre (Santiago Innova), partner in the Sustainable Santiago project, has installed AFS equipment to convert trucks of Coca Cola distributor Embotelladora Andina to natural gas. The National Commission for the Environment (CONAMA) and the Regional Intendente have endorsed the project, and extend services of the Ministry of Transportation and Telecommunications emission testing plant. This project is well under way and near completion. The Sustainable Santiago project is a joint initiative of International Council for Local Environmental Issues (ICLEI), the municipality of Santiago and the Corporation for the Development of Santiago, Chile, and is financed in part by the Canadian International Development Agency (CIDA) Southern Cone Technology Transfer Fund. ICLEI is the international environmental agency for local governments; its World Secretariat is in Toronto, Canada. Successful demonstration of the AFS Eagle natural gas conversion for these pilot projects will result in a broad scope of natural gas conversion throughout the entire region. AFS proprietary technology provides immediate solutions to pollution problems.