Go Freedom Fuel, Inc. Selects APG''s Dual Fuel Technology for Off-Highway Pilot Program
Initial Order Is Intended to Address Vehicular Rock Quarry and Open Pit Mining Markets
(firmenpresse) - LYNNFIELD, MA -- (Marketwired) -- 10/05/15 -- (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. ("APG"), has been selected by Go Freedom Fuel, Inc. ("Go Freedom") to provide APG''s Turbocharged Natural Gas® Dual Fuel Systems in conjunction with a Go Freedom Pilot Program focusing on the quarries and mines of Northeast Oklahoma. Eight APG V5000 systems will be purchased and installed on Go Freedom customer vehicles with previously approved EPA engine families and two APG V5000 systems will be installed on a large CAT Off-Highway quarry truck and a CAT wheel loader after APG''s EPA Test Exemption Application has been approved.
Established in 2008 and based in Tulsa, Oklahoma, Go Freedom has played a leadership role in the natural gas industry by providing innovative CNG equipment and natural gas fueling solutions to alternative fuel customers in their region. Go Freedom provides unsurpassed quality in CNG up-fits and specializes in implementing "CNG Pilot Programs" by designing CNG solutions for new customers needing an alternative fuel solution for their high-horsepower fleets often times involving onsite CNG stations and fleet conversions. See additional information at .
Go Freedom''s principals, Bridger Kucinski and Joe Barnts, stated, "The off-highway segment of loaders and heavy haul trucks in the quarry and open pit mining industries is in need of a viable alternative fuel solution to reduce their diesel consumption. With the exception of APG''s dual fuel solution, we have not found a natural gas engine solution that can meet the demands and power performance of these heavy duty off-highway applications at a competitive cost. With numerous off-highway opportunities, we are happy to announce our selection and utilization of APG''s dual fuel technology in our pilot program and look forward to the launch this coming month."
Lyle Jensen, CEO of American Power Group, stated, "Go Freedom''s innovative pilot program is an integrated fueling and equipment solution that provides a turnkey fueling and conversion experience for the fleet owner. We are pleased to have been selected for their dual fuel pilot program and look forward to collectively working together to open up this new off-highway quarry/mining market in Oklahoma and, eventually, around the world."
American Power Group''s subsidiary, American Power Group, Inc. provides cost effective products and services that promote the economic and environmental benefits of our alternative fuel and emission reduction technologies. Our patented Turbocharged Natural Gas® Dual Fuel Conversion Technology is a unique non-invasive software driven solution that converts existing vehicular and stationary diesel engines to run concurrently on diesel and various forms of natural gas including compressed natural gas, liquefied natural gas, conditioned well-head/ditch gas or bio-methane gas with the flexibility to return to 100% diesel fuel operation at any time. Depending on the fuel source and operating profile, our EPA and CARB approved dual fuel conversions seamlessly displace 45% - 65% of diesel fuel with cleaner burning natural gas resulting in measurable reductions in nitrous oxides (NOx) and other diesel-related emissions. Through our Trident Associated Gas Capture and Recovery Technology, we provide oil and gas producers a flare capture service solution for associated gases produced at their remote and stranded well sites. These producers are under tightening regulatory pressure to capture and liquefy the flared gases at their remote and stranded well sites or face significant oil output reductions. With our proprietary Flare to Fuel™ process technology we can convert these captured gases into natural gas liquids ("NGL") which can be sold as heating fluids, emulsifiers, or be further processed by refiners. Given pending federal methane capture regulations, we anticipate our next generation NGL processing systems will have the capability to convert the residual flared methane into pipeline quality natural gas that can be sold for a variety of dedicated and dual fuel vehicular, stationary, industrial and household uses. See additional information at:
Kim Doran
Quixote Group
336-413-1872
Chuck Coppa
CFO
American Power Group Corporation
781-224-2411
Mike Porter
Porter, LeVay, & Rose, Inc.
212-564-4700
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Datum: 05.10.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 1389977
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