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GreenChek Manufacturing Update

Dépèche transmise le 8 juin 2009 par Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technologies Inc., a leading globally focused provider of hydrogen fuel cell technology for commercial transportation and stationary power generation applications, is pleased to announce that the Tianjin Sherma plant in Tianjin, China, has been retrofitted and is prepared to handle the production of Greenchek’s ERD 2.0 machine, pending orders from potential customers. Management is extremely confident that the plants capacity of 1050 units per month will be adequate when the anticipated orders from Europe and the UK begin to materialize. The 4000sq ft facility will not only enable our company to address the growing demand for emission reduction devices but allows the company to do this more efficiently, particularly with regards to quality assurance. The company is also negotiating additional square footage in anticipation of future growth. The new European EPA, coupled with standards, indicate that there is an increased demand for these devices. This manufacturing facility further illustrates that GreenChek is well positioned at the forefront of this new green economy.

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.

Business Wire

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