SINGAPORE, May 27 Energenics-Deal
SINGAPORE, May 27 /PRNewswire/ -- Energenics Pte Ltd, a wholly owned
subsidiary of Energenics Holdings Pte Ltd, announced today it has recently
agreed to appoint Nanotrade sro as an exclusive Eastern European distributor
for its Enercat fuel borne catalyst product.
Nanotrade have previously been the distributor for Oxonica's Envirox
product since 2004 and were distributing in Czech Republic, Poland, Slovenia
& Hungary. The Envirox additive tested and sold by Nanotrade from 2004 to
2007 was manufactured using technology licensed to Oxonica by Neuftec td.
Neuftec terminated its license with Oxonica in February 2007.
The Enercat product currently sold by Energenics utilizes the Neuftec
Intellectual Property, co-developed by Ronen Hazarika.
Ronen Hazarika, Energenics Managing Director said: "This important
distribution agreement allows us to partner up with one of Eastern Europe's
premier nanomaterial marketeers. Nanotrade's knowledge of the market is first
class and they acknowledge the importance of working with the original
technology developers.
"Through our partnership with our global strategic partners, we have been
able to improve the efficiency of the product significantly compared to the
version originally sold during 2002-2007 and we have expanded our own patent
envelope accordingly. Furthermore, I am pleased that we have been able to
expand our European distributor footprint with distributors who have many
years of experience of our technology, albeit under a different brand name."
Ladislav Torcik, CEO of Nanotrade, commented: "I'm delighted to sign up
an exclusive agreement with Energenics and continuing to develop the market
for the nanocatalyst technology.
"The Energenics range of products was also an attractive proposition for
us and we look forward to offering a cost effective, full one-stop energy
saving solution to our customers."
Enercat is a patented formulation of nanoparticulate Cerium Oxide. The
technology was originally licensed to Oxonica from 2001-2007. The license was
terminated and Energenics has recently started utilizing the technology.
Enercat reduces fuel efficiency from 4.7 - 11% and also reduces HC
emissions by up to 21%, CO by up to 30%, PM by up to 20% & NOx up to 8%
About Energenics
Energenics Pte Ltd., a wholly owned subsidiary of Energenics Holdings Pte
Ltd., is a leading supplier of alternative energy solutions and technologies.
Based in Singapore, Energenics identifies, invests, sources, validates and
commercializes energy technologies that provide customers with energy and
emission reductions at zero or minimal capital cost compared to existing
technologies. Energenics has a strong customer base comprised of
transportation groups, mining companies and port and marine operators
throughout the Asia Pacific region and is expanding it's operations globally.
For additional information, please visit http://www.energenics.org.
About Nanotrade sro
Nanotrade sro is a progressive Czech company, aiming to discover and
commercialise new materials, products & technologies that are designed and
manufactured utilizing nanotechnology. Nanotrade, works closely with partners
and research institutes in the Czech Republic, Poland, Austria, Germany, UK,
USA, Singapore & Australia. Nanotrade also conduct consultancy & market
research including project preparation, application, implementation,
manufacturing strategy and specialist advisory services in the Middle and
Eastern Europe areas. For additional information, please visit
http://www.nanotrade.cz.
SOURCE Energenics
