AndhraNews.net
Home » Business News » 2013 » June » June 17, 2013

Poly Shield Technologies Inc. Enters Into Negotiations with Two Maritime Companies for the DSOX-15 Sulfur Treatment System


June 17, 2013 - Boca Rotan, Florida

Poly Shield Technologies Inc. ("Poly Shield") (OTCBB: SHPR) announces that it has entered into negotiations with two maritime companies regarding multi ship agreements for developmental installations of its newly designed DSOX-15 system. Once completed, the agreements are intended to expedite the certification process of the DSOX-15 system with its new approach to sulfur removal in compliance with the worldwide marine emission regulations set to take effect in January 2015.

CEO, Rasmus Norling, commented "We are very encouraged by the interest we are receiving from all sectors of the Maritime Industry. It is our belief that the DSOX-15 Fuel Scrubber will be the most efficient and economical solution to the impending worldwide exhaust emission regulations for a majority of the Maritime Industry." Poly Shield will update the public upon the closure of these agreements.

About Poly Shield Technologies Inc.:

Poly Shield markets environmental, pollution emissions, energy saving, corrosion and durability solutions to a worldwide market.

Poly Shield's desalination bio-scrubber is a patent pending (in US and Europe), cost-effective technology designed to remove alkali metals from fuel in an effort to protect gas turbines from high temperature corrosion. The technology has proven significant cost savings and extended operational life results in the cruise line industry. The technology has a worldwide application that is not limited to the maritime industry and can be installed during normal vessel operation without the need to use expensive dry dock time.

Poly Shield's fluoropolymer coatings are formulated specifically for extreme durability reduced maintenance and enhanced aesthetics. They were tested and are in use in a number of different industries including marine, aerospace, oil field, industrial, commercial, and residential applications. In addition to its anti-corrosion products, Poly Shield offers a superior state-of-the-art line of antimicrobial coatings for use in hospital, school, and food industries.

For further information about Poly Shield Technologies Inc. please visit the company's website at http://www.Polyshieldtechnologies.com.

On behalf of the Board of Directors

Rasmus Norling, Director and CEO

Forward Looking Statements

This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that Poly Shield Technologies Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in Poly Shield Technologies Inc.'s Quarterly and Annual Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of Poly Shield Technologies Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Poly Shield Technologies Inc.'s forward-looking statements. Except as required by law, Poly Shield Technologies Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Poly Shield Technologies Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.

SOURCE Poly Shield Technologies Inc.

Contacts:
Poly Shield Technologies Inc.
info@polyshieldtechnologies.com
www.polyshieldtechnologies.com

MarketWire

Comment on this story

Share