TEMPE, Ariz., July 8, 2010 (GLOBE NEWSWIRE) -- EcoEmissions Solutions, Inc. (OTCBB:ECMZ) has concluded a long term fuel testing on a prominent tug boat operation located in the Pacific Northwest.
Western Towboat Company is a family owned business that specializes in container barge services between the Port of Seattle and various ports in Alaska, from Southeast Alaska out to the Aleutian Islands. They also service the Port of Seattle for vessel assist operations as well as specialty projects throughout the country. The company has been in business since 1948 and their fleet consists of 20 active vessels.
A typical mid range twin engine towboat for this fleet can burn over 70 gallons of fuel per engine hour. With fuel costs at $2.40 per gallon, the hourly operating fuel cost on these engines can be over $336 per hour. The Eco CIS System (patented) injects a platinum-based catalyst vapor into the engine via the air stream, creating engine efficiencies that result in fuel reduction while maintaining power, reducing pollution dramatically and extending engine life. The catalyst is then replaced on regular intervals throughout the life of the engine.
The Eco CIS system was tested on one of the ocean going barge tugs for over 2,000 hours and proved to deliver a 6.4% reduction in fuel consumption on the test engine when compared to the control engine. On a per engine basis, this reduction in fuel consumption equaled a savings of $9.21 per hour. With a cost of $3.60 per hour to run the Eco Emission Catalyst Injection System, the net hourly savings per engine was approx $5.61. Each boat averages 5,500 hours of operation per year so the net savings per engine was nearly $31,000 per year, for this vessel with twin engines, the savings would be in excess of $62,000.00 per year. In a 5-year period this would generate a net fuel expense savings of over $310,000.
When you put this over a 20 vessel fleet noting that some of these vessels have higher horsepower rated engines, the annual savings from reduced fuel consumption alone would allow Western Towboat to save well over $1.2 million dollars. The ongoing revenues for EES from this project would be over $650,000.
About EcoEmissions Solutions - EcoEmissions Solutions, Inc.'s (OTCBB:ECMZ) proven patented emissions-reducing Catalyst Injection System™ (CIS™) offers a global solution for diesel engines used in heavy industry and large marine applications around the world. The pre-combustion system (the only patented system of its type in the world), injects a platinum-based catalyst (nano) solution into diesel engine cylinders, producing a more complete burn of the diesel fuel. Simply installed without modifications to the engine itself, the results are more power, lower fuel consumption, dramatically reduced pollution and an extension of engine life. The catalyst is then used and consumed as part of normal diesel engine operation.
The Company is aware of the incorrect stock classification that is published on Yahoo finance and has requested that Yahoo make corrections. Eco is a fully reporting SEC registered company with all filings current.
Eco's technology is patented, has further patents pending and is trademarked. For more information, please visit the SEC's EDGAR system, or www.eco-emissions.com, send an email to info@eco-emissions.com or call 1 (800) 372-1657.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks, and uncertainties, including, without limitation, possible changes in cost of materials, expense items, capital expenditures, capital structure, and other financial items; introduction of new products and possible acquisitions of assets or businesses: possible actions by customers, suppliers, competitors, regulatory authorities: and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.