puraDYN to Supply Its Bypass Oil Filtration Systems for Foreign Military Sales Monday February 13, 10:30 am ET U.S. Military has Ordered Freightliner Trucks With puraDYN(R) Systems Installed
BOYNTON BEACH, Fla.--(BUSINESS WIRE)--Feb. 13, 2006--puraDYN Filter Technologies Incorporated (OTCBB:PFTI - News) announced today that the U.S. Military has ordered the puraDYN® bypass oil filtration system to be installed on trucks that Freightliner is supplying for foreign military sales. Freightliner is one of North America's largest manufacturers of heavy and medium duty trucks and specialized commercial vehicles. ADVERTISEMENT
Kevin G. Kroger, President and COO, puraDYN, said, "In 2005 we announced the preliminary results of a three-year test conducted by the U.S. Department of Energy wherein use of the puraDYN bypass oil filtration system resulted in an approximate 80% annual savings in oil costs and corresponding waste oil. The successful culmination of that testing, as well as a puraDYN product demonstration at a military facility in 2005, led to field testing of the puraDYN system on military trucks, which in turn led to this order."
Kroger continued, "This is an important start with the U.S. Military and a significant advance for puraDYN and we're currently working with Freightliner engineers on the factory installation." With respect to the demanding conditions these trucks will be sustaining - the more severe the environment, the more critical oil change intervals become to maintaining engine performance.
"We believe the puraDYN system represents a solution for the U.S. and foreign military insofar as providing extended oil drains and maintaining continuous clean engine oil on the run, to minimize oil-handling logistical problems. Other benefits include reducing field maintenance with respect to oil changes, labor and vehicle downtime. No special tools are required for service, and significantly reduced waste oil products are more easily dispatched. Additionally, the savings in oil, facilities and manpower are substantial."
Kroger concluded, "We continue our work with the U.S. Army on several other applications, of which all testing to date has been positive."
About puraDYN Filter Technologies Incorporated
puraDYN (OTCBB:PFTI - News) designs, manufactures and markets the puraDYN® Bypass Oil Filtration System, the most effective filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $13 billion potential industry. The Company has established aftermarket programs with several of the transportation industry leaders such as Volvo Trucks NA, Mack Trucks, PACCAR; a strategic alliance with Honeywell Consumer Products Group, producers of FRAM® filtration products; and continues to market to major commercial fleets. puraDYN® equipment has been certified as a 'Pollution Prevention Technology' by the California Environmental Protection Agency and was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze performance, benefits and cost analysis of bypass oil filtration technology.
Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, including but not limited to the possible inability to raise capital funds, lack of protection from intellectual property, vulnerability because of manufacturing a limited number of products, dependence on distributors, orders previously stated in this press release may not materialize, and the possibility that the products do not meet customers' needs, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission.