VALLEY STREAM, New York, June 19 /PRNewswire-FirstCall/ -- Energtek Inc. (OTCBB: EGTK), world leader in the development of Adsorbed Natural Gas (ANG) technology, today announced the signing of a Memorandum of Understanding with a Natural Gas distribution company in Uttar Pradesh, India. The agreement advances efforts to commercialize Energtek's proprietary bulk storage and transportation technology in India.

Located in the northern part of the country, Uttar Pradesh is India's most populous state with over 180 million residents and has undergone significant industrialization in recent years. As such, the demand for alternative energy sources by Uttar Pradesh's commercial enterprises is growing rapidly.

The MOU advances gas bulk transportation projects utilizing the primary elements of Energtek's proprietary Low-pressure Mobile Pipeline (LMP) technology. Energtek aims to transport Natural Gas from India's national transmission grid to a local city distribution network. The transported gas can be utilized by numerous industrial operations, and by one or more Natural Gas Vehicle (NGV) fueling stations.

To facilitate the mobile transport of Natural Gas, Energtek plans to construct its first filling station in India. The purpose of the filling station is to enable the transport of natural gas to the city distribution network, and provide Natural Gas to additional industrial consumers in the region. The station may also provide clean and affordable motor fuel to converted Natural Gas Vehicles in the region. Plans for the filling station call for it to be attached to the national transmission pipeline along a heavily traveled automotive artery in a densely populated industrial area approximately 150 km from Delhi.

"With a constantly growing number of industrial consumers and over 80 million two- and three-wheel vehicles, India is in great need of alternative energy powered by ANG and Energtek's proprietary low-pressure storage technology," said Energtek CEO Lev Zaidenberg. "We are certain that our technology will provide drastic cost relief and environmental benefits to industries and drivers in India."

Energtek's proprietary Low-pressure Mobile Pipeline technology enables the cost-efficient delivery of clean Natural Gas energy to industrial and commercial consumers at a fraction of the price of oil.

Energtek is also currently engaged in advanced commercial project negotiations with a Natural Gas distribution company operating in the states of Haryana and Rajasthan. Feasibility studies are similarly underway with additional Natural Gas companies for projects in the states of Maharashtra and West Bengal.

"Energtek's commercial operations continue to develop rapidly in India," said Zaidenberg. "Combined with our recent advances and operational milestones in the Philippines and Indonesia, our company is quickly progressing as a global provider of clean and cost-effective energy."

About Energtek

Energtek develops and applies proprietary ANG technology to provide complete well-to-wheel pipeless Natural Gas supply solutions to large automotive and commercial consumers. Energtek's Natural Gas solutions reduce pollution and alleviate consumer energy costs, particularly within the large, growing market of low-income 2- and 3-wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about the benefits of ANG Technology, visit http://www.energtek.com

About ANG

Adsorbed Natural Gas (ANG) technology enables hi-tech and cost-effective storage of Natural Gas, by maximizing the quantities of gas stored in a tank. ANG greatly reduces the infrastructure, fueling, and energy costs of supply solutions to consumers where no pipeline or refueling infrastructure is present. ANG enables new markets of motor vehicle fleets and large commercial consumers, to benefit from environmentally friendly-and affordable Natural Gas.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in Energtek's SEC filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.


    Contacts:
    Alex Traiman
    IR@energtek.com

SOURCE Energtek Inc.