GreenChek Seeks Verification of Its Emissions Reduction Technology
20 Janeiro 2010 - 12:25PM
Marketwired
GreenChek Technology Inc. (OTCBB: GCHK) today announced it has
commenced its application process for its emissions reduction
device to becoming a verified technology in the State of
California.
GreenChek has had numerous discussions with the State of
California and the California Air Resources Board (CARB) to outline
the criteria required for its ERD(TM)-2.0 to become a verified
technology. Through its efforts with CARB, GreenChek is also
seeking verification with the US Environmental Protection Agency
(EPA). The EPA's verification program outlines that technologies
need "real world" testing to ensure that they maintain their
performance. As retrofit technologies are introduced into the
transportation market in higher volume, verifying the field
performance and long-term durability of these products through
in-use testing is increasingly essential. EPA requires rigorously
testing each verified technology to confirm the percent of
emissions reduction and evaluate durability. In-use testing offers
confidence that verified retrofit technologies have been proven in
the real world.
It is clear that addressing emissions issues takes a great deal
of resources. GreenChek will pursue partnerships with local
governments and private corporations across the US in order to
apply for state and federal grants for the purpose of addressing
emissions issues. Through these alliances, GreenChek expects to
deploy its ERD(TM)-2.0 and begin sales of its product in the US. An
exemption from the State of California will be sought to sell
GreenChek's device as an aftermarket product until verification can
be provided to support public/private partnerships.
GreenChek's objective is to address major environmental concerns
which have resulted in increasingly stringent standards by
government. The EPA recently proposed stricter health standards for
smog/ground-level ozone, which form when emissions react in the
sun, at a level between 0.060 and 0.070 parts per million (ppm)
measured over 8 hours. "EPA is stepping up to protect Americans
from one of the most persistent and widespread pollutants we face,"
said EPA Administrator Lisa P. Jackson. "Using the best science to
strengthen these standards is a long overdue action that will help
millions of Americans breathe easier and live healthier." Through
public/private alliances' in-use testing of the ERD(TM)-2.0,
GreenChek hopes to implement a nationwide emissions reduction
strategy to help effect change with regard to global warming health
issues that are a result of increasing greenhouse gases,
particulate matter and other airborne compounds.
"With California's and the EPA's increasingly tight standards on
emissions for transportation vehicles, GreenChek stands ready to
apply its ERD(TM)-2.0 technology in a meaningful and productive way
to assist corporations and government in meeting those standards,"
states Lincoln Parke, President of GreenChek.
About GreenChek Technology Inc.
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(TM), 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.
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 GreenChek'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.
For Further Information Contact: Daniel Conway DC Consulting,
LLC (407) 792-3332 investorinfo@dcconsultingllc.com
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