CARLSBAD, CA, Oct. 28, 2004 (BUSINESS WIRE) -- Bruce Beattie, president of Sub Surface Waste Management of Delaware Inc. (SSWM), announced it has formed Natural Gas Industries Inc., a joint venture with C.Trade Inc. and Omnitek Engineering Corp., a leader in engine retrofit systems, to provide technology, engineering and project management for natural gas distribution services and for converting high polluting diesel engines to clean-burning natural gas.
The joint venture will initially target the conversion of bus and truck and generator engines and related refueling infrastructure and, once the business model is proven and perfected, the opportunity exists to provide an estimated 10,000 to 80,000 conversions which are required to meet the anticipated market demand. Typical conversions range from $1,000 to $5,000 per engine depending upon size and other factors. The technology for conversion of diesel generators to use natural gas may also applicable for other third party applications involving electricity generation.
The CEO of Natural Gas Industries (NGIN) is Mohamad (Ullah) Mamun who holds a bachelor's degree from Dhaka University, Bangladesh, and is currently president of Alliance Associates Ltd., a Bangladeshi company specializing in trade and consulting between the United States and Bangladesh. Ullah works closely with the Bangladesh Embassy in the United States and the various U.S.-based Bangladesh agencies in New York and Washington, D.C. Presently, he is also a director of Debtec, a Bangladeshi based non-governmental organization. The vice president of operations for NGIN is Bruce Beattie, CEO of SSWM, and the CFO is Conrad Nagel.
Nick Kontonicolas, president of C.Trade, stated, "I expect this technology to have many practical applications in other aspects of our Worldwide operations. For example, we are looking to use this conversion technology in converting diesel operated pumps for our water purification machines to run on natural gas in markets where natural gas is abundant. We find that in Bangladesh, which has an export ban on it's natural gas reserves, we are creating an economically viable solution and alternative to imported diesel."
About SSWM
SSWM is a subsidiary of U.S. Microbics Inc. (www.bugsatwork.com) and provides comprehensive civil and environmental engineering project management services including specialists to design, permit, build and operate environmental waste clean-up treatment systems using conventional, biological and filtration technologies. SSWM is capitalizing on its patent and patent-pending technology by forming strategic alliances and joint ventures with well-established engineering firms.
About C. Trade Inc.
The C.Trade Group of companies has extensive holdings in the United States as well as in China, Latin America, Greece, and Bangladesh. C.Trade's portfolio of companies specializes in biotechnology, water remediation, and automotive consultation services.
About Omnitek Engineering Corp.
Omnitek Engineering Corp. (www.omnitekcorp.com), is a leader in the development of advanced engine technologies and emissions control systems for internal combustion engines burning gasoline, diesel, compressed natural gas (CNG), liquefied petroleum gas (LPG) or hydrogen. This includes passenger cars, commercial trucks and buses, off-road construction equipment, stationary industrial engines such as pumps, compressors and generators, locomotives and ships The company also offers solutions to reduce emissions of flairs, boilers and other combustion devices that need a spark energy source to operate.
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