Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
VALLEY STREAM, New York, August 12 /PRNewswire-FirstCall/ -- Energtek
Inc. (OTCBB: EGTK), a world leader in the development of Adsorbed Natural Gas
(ANG) technology, will sponsor the Compressed Natural Gas - Natural Gas
Vehicle (CNG-NGV) Philippines Forum, to be held at the Diamond Hotel, Manila,
on August 27-28, 2008. CEO Lev Zaidenberg is scheduled to chair a session on
the "Commercial NGV Conversion of Three-Wheelers in the Philippines."
During the session Zaidenberg will detail Energtek's progress
implementing the mass-scale conversion of three-wheel vehicles ("tricycles")
in the Philippines to operate on natural gas. Zaidenberg will outline
Energtek's vision to meet the Filipino Government's request of converting at
least 500,000 tricycles, utilizing the principles of natural gas low-pressure
compression and adsorption. The presentation will highlight the many
financial, environmental and societal benefits that can be expected as a
result of the conversions. In addition to the multimedia presentation, a
recently converted tricycle will be on display.
The CNG-NGV Philippines Forum is a national conference focusing on the
advanced promotion and use of domestic natural gas as a primary alternative
energy source, particularly within the transportation sector. The theme of
the conference is "Pushing CNG-NGV throughout Mega Manila by 2010."
Philippines' Secretary of Energy, Angelo Reyes, and Secretary of
Transportation and Communications, Leandro Mendoza, are scheduled to present
keynote addresses at the conference.
"We are proud to provide sponsorship for the CNG-NGV Philippines Forum,"
said Zaidenberg. "This conference demonstrates the Philippines' dedication to
providing clean and affordable alternative energy solutions throughout the
country, particularly within the transportation sector. Using proprietary
technology particularly suited to three-wheelers, Energtek is poised to
emerge as a leading supplier of Natural Gas to tricycle drivers in the
Philippines. We anticipate that our supply system will greatly contribute to
the overall betterment of Filipino society."
About Energtek
Energtek develops and applies proprietary low-pressure storage technology
to provide complete well-to-wheel pipeless Natural Gas supply solutions to
fleets of small vehicles and industrial consumers. Energtek's Natural Gas
solutions reduce pollution and alleviate consumer energy costs. Energtek
provides a profitable alternative motor fuel solution for the large market of
low-income 2- and 3-wheel vehicle drivers in Asia. Energtek operates
subsidiaries in North America, Europe, Asia and the Middle East. To learn
more about Energtek, visit http://www.energtek.com
About Natural Gas Adsorption
Natural Gas storage technology utilizing the principles of adsorption,
commonly known as Adsorbed Natural Gas (ANG) enables hi-tech and
cost-effective storage of Natural Gas, by maximizing the quantities of gas
stored in a tank. Low-pressure adsorption greatly reduces the infrastructure,
fueling, and energy costs of supply solutions to consumers where no pipeline
or refueling infrastructure is present. Energtek's proprietary low-pressure
compression technology enables new markets of motor vehicle fleets and large
commercial consumers, to benefit from environmentally friendly and affordable
Natural Gas. To learn more about the benefits of low-pressure Natural Gas
storage technology, visit http://www.energtek.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking statements
are inherently uncertain as they are based on current expectations and
assumptions concerning future events or future performance of Energtek and
its technologies. Readers are cautioned not to place undue reliance on these
forward-looking statements, which are only predictions and speak only as of
the date hereof. In evaluating such statements, prospective investors should
review carefully various risks and uncertainties identified in this release
and matters set in Energtek's SEC filings. These risks and uncertainties
could cause actual results to differ materially from those indicated in the
forward-looking statements.