Jun 11 2014
Poly Shield Technologies Inc. is pleased to announce it has secured the sourcing of components and equipment required to commence the manufacturing of the Company's proprietary DSOX-20 Pre-Combustion Fuel Purification System.
The DSOX-20 System will fulfill the Company's most recent orders pursuant to the purchase and service agreement entered into on April 15, 2014, and which was announced to the public on April 17, 2014. In compliance with the non-disclosure terms of this agreement, the Company refers to this purchase and service agreement as the "Project Poseidon".
Rasmus Norling, Chief Executive Officer of the Company, stated: "We are pleased to have started the manufacturing process and looking forward to the subsequent installation and commissioning of our DSOX-20 System for Project Poseidon. We are confident this contract will be successfully delivered and completed on-time and will provide our customer with a cost-effective technology to comply with the upcoming IMO Regulation 14 which goes into effect January 1, 2015."
Poly Shield Technologies Inc. will continue updating the public on all of its technology developments as they progress through installation and testing to certification.