EGTK Business Description Energtek focuses on providing affordable hi-tech alternative energy systems and solutions to industrial energy consumers and vehicles. Energtek is an energy services supplier specializing in natural gas mobile transportation, storage and end-user retrofitting. In addition Energtek is active in oil & gas exploration and production, including commercialization of stranded gas. The company focuses on identifying rapid developing energy markets around the world, and implementing solutions that enable oil-based consumers to switch to cleaner and cheaper natural gas. Energtek, Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. Energtek is realizing the full potential of Natural Gas (NG), the most practical alternative to oil-derived fuel for the next decade and beyond. As global markets seek to diversify their energy sources, Energtek develops breakthrough technologies to deliver natural gas from any NG source to the consumer, even in cases where no gas pipeline and compressing infrastructure exists. NG technology is easily introduced to any motor vehicle currently on the road.
NG is cheaper, cleaner and more evenly distributed throughout the world than oil.
Energtek provides proprietary solutions to meet the technical and economical challenges of NG delivery to vehicles worldwide, with a major focus on the 2-3 wheel vehicle market in Asia. In addition, Energtek supplies NG to industrial and commercial consumers, using pipeless NG supply bulk transportation solutions. Energtek maintains a code of conduct with high ethical standards, in line with its role as a clean energy provider. Energtek has compiled a Management Team, Board of Directors and Advisory Board of top industry experts from across the globe to provide complete energy solutions to businesses and governments. Energtek operates two major divisions through its subsidiaries worldwide: The Technology Division develops products enabling natural gas to move efficiently ‘from well-to-wheel.' Products include storage, bulk transport, refueling, and vehicle conversion systems.
AngStore Technologies Ltd, Israel: World leader in ANG (Adsorbed Natural Gas) Hi-Tech Natural Gas storage technology research and development
Moregastech LLC, USA: Supplier of NGV Infrastructure and high-pressure equipment
The Energy Division implements the natural gas supply projects utilizing the products of the Technology Division. GATAL Ltd, Israel
Energtek Herz, Bosnia and Herzegovina
Energtek SRB, Serbia
Energtek Philippines Ltd.
Moregastech India Ltd. Products and Services
Complete energy solutions consist of many elements across the supply chain. To meet the demands of a full 'well-to-wheel' supply solution, Energtek develops a variety of products including Pressure Vessels, Bulk Transport, Conversion Systems, & Filling Stations. PRESSURE VESSELS
FILLING STATIONS EGTK Solutions
What is Adsorbed Natural Gas Technology? Absorbed Natural Gas (ANG) Technology enables the efficient storage Natural Gas. Adsorption is the adhesion of molecules of liquids, gases, and dissolved substances to the surface of a solid. The ability of a solid to adsorb depends on the chemical makeup of the solid and its physical structure. Activated charcoal, for example, has a very large surface area because of its porous nature. This gives it the ability to adsorb large quantities of natural gas. In a conventional high-pressure storage tank, such as a propane tank used for a backyard barbecue, gas is forced into the tank under pressure. The greater the pressure, the greater the volume of gas stored in the tank. The maximum pressure, and therefore volume of gas held in the tank, is limited by the physical properties of the tank and its valve.
The addition of a microporous material into the tank, such as activated carbon, makes it possible to do one of two things:
Store a larger volume of natural gas in the same container, at the same pressure.
Store the same volume of natural gas in the container at a lower pressure.
Until now the commercialization of Adsorbed Natural Gas technology was hindered by several unsolved technological problems. The main challenges of ANG storage products development are: Sufficient volumetric storage ability that will be competitive with existing NG storage methods.
Efficient gas filling and release from ANG tank for automotive application, requiring control of thermo-dynamic processes.
ANG fueling system cost that should be competitive with the cost of existing fueling systems. Energtek carried out a pioneering Research and Development venture resulting in a solution to some of the key problems of the future gas and transportation industries. The result of this research and development effort led to the first commercially efficient system of ANG storage. Under normal conditions (atmospheric pressure and ambient temperature) NG has an extremely low energy density. Therefore its storage in simple containers is useless. Thus it can either be stored under extremely high pressure and/or at a very low temperature. Adsorbed Natural Gas (ANG) Energtek's proprietary Adsorbed Natural Gas (ANG) storage technology has quite a few promising advantages over existing methods. ANG technology allows large amounts of natural gas to be stored at a relatively low pressure, at room temperature. The principles of Natural gas adsorption have been around for decades, however no one had succeeded to develop commercially viable technology until now. Compressed Natural Gas (CNG) Compressed natural gas is stored at a high pressure, usually 200-250 bars. CNG demands very robust specially-designed cylindrical tanks, which use a lot of space and are heavy. In addition, gas compression requires expensive multi-stage high-pressure compression technology. Compressed Natural Gas is currently the prevailing technology in the Natural Gas Vehicle industry. A massive implementation of CNG vehicles in most markets is restrained by the need to invest in very expensive refueling infrastructure, and the inconvenience and additional costs of on-board CNG tanks. Liquefied Natural Gas (LNG) LNG is another known gas storage method. Natural gas is liquefied under pressure of 10-20 bars at minus 161.5 deg. C. LNG requires the use of complex and expensive liquefaction equipment, thermos-like tanks and significant energy consumption (25-35% of the original energy gas content) for the liquefaction and degasification. LNG storage tanks should have cylindrical or spherical shape. Due to a very distinctive advantage of scale it is applied mainly in the marine transportation of very big quantities of gas. This technology is not yet mature enough for massive use in vehicles. Several thousands LNG fueled heavy vehicles are operated around the world whereas LNG application for light vehicles is considered to be inefficient. On-board tank for a small vehicle costs almost as much as for a heavy vehicle and has much lower net volumetric storage efficiency. LNG vehicle refueling infrastructure costs even more than CNG. Adsorbed Natural Gas Technology Applications Low Pressure ANG Tanks (30-70 bars) ANG cylinders for cars
These cylinders supply energy for similar range as CNG cylinders but have one big advantage: They do not need high-pressure filling stations. This cuts the cost of construction and operation of station networks.
ANG free shape containers The lower pressure needed when using adsorption technology allows for using of different shapes of containers (and not only cylinders). By using different shapes it is possible to make more efficient use of the vehicle's space, thus extending driving range. Such containers are especially suitable for motorcycles and small cars.
Transportation and stationary storage systems
ANG technology can be used for large reservoirs (fixed or mobile) saving both capital and operation costs. High Pressure ANG Tanks (100-200 bars) High-pressure ANG technology combines the effects of adsorption with high-pressure and proposes extended storage capacity for a given volume of vehicle tank. This makes transition to gas attractive for some vehicle user groups, first of all those with high driving ranges or strict on-board space limitations.
CNG Lite™ -- Low-pressure Natural Gas Fuel Supply for 2- and 3-Wheel Vehicles Energtek has developed the CNG LiteTM system to provide fuel to 2- and 3-wheel vehicles using proprietary low-pressure technology, and the principles of Natural Gas adsorption. By converting small vehicles to operate on Natural Gas, Energtek reduces the harmful environmental damage caused by these highly polluting vehicles. In addition, Energtek can dramatically reduce driver's annual fuel costs. Currently there are over 300 million motorized 2- and 3-wheelers on the road. These are the primary method of transportation for drivers in many Asian countries. In addition, the 2- and 3-wheel market is the world's fastest growing automotive segment. Today there is a lack of commercially viable fuel alternatives for these small vehicles. CNG Lite presents an environmentally-friendly and affordable motor fuel alternative. The entire cost of conversion together with the fueling system is relatively inexpensive, and quickly begins to pay for itself. Despite plenty of interest from drivers, gas companies and several governments in Southeast Asia, large scale conversion of 2- and 3-wheelers has not yet occurred due to difficulties presented by standard high-pressure CNG (Compressed Natural Gas) conversion technology.
CNG, which utilizes a working pressure of 200 bar remains unable to provide the same cost benefits as low-pressure CNG Lite. 200 bar CNG systems require expensive and sophisticated compression infrastructure to be locally deployed, while 60 bar CNG Lite allows for simpler and significantly less expensive regional compression infrastructure.
In addition, Energtek has fine tuned conversion kit technology to ensure that vehicles running on CNG Lite receive optimum fuel efficiency and performance. http://www.stockgoodies.com/m/photos/get_image/file/06bfa41b3de77eaab19182163..." />[/img]
Security Details Energtek, Inc. is publicly traded on the OTC Market under the symbol, “EGTK”, and within the OTC/PINK market tier. As such, Business, operational and financial information on EGTK is fully transparent and available to public view. Visit https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=65416 Market Value1: $11,661,995 a/o Jan 24, 2012 A/S :750 million Per Q-report Sept. 30th 2011 O/S :106 Million Float:59 Million Preferred Stock 5 Million None has be issued Shareholders of Record: 149 Incorporated In: Nv, USA Year of Inc.: 2006 Security Notes:
Capital Change=shs increased by 3 for 2 split. Ex-date=05/09/2006. Rec date=05/08/2006. Pay date=05/08/2006.
Capital Change=shs increased by 3 for 1 split. Ex-date=10/31/2006. Rec date=10/27/2006. Pay date=10/30/2006. Company Notes: Formerly=Elderwatch, Inc. until 9-06 Transfer Agent
2939 N. 67th Place Scottsdale, AZ, 852 480-481-3940 Recent News
Energtek Subsidiary Completes Phase I Conversion of Client's Production Facilities in Bosnia
Date: 11/14/2011 @ 8:21AM
Source: PR Newswire
Stock: Energtek (PL) (EGTK)
Energtek in Advanced Negotiations to Provide Natural Gas Supply to Bus Fleet in the Balkans
Date: 10/03/2011 @ 8:29AM
Source: PR Newswire
Stock: Energtek (PL) (EGTK)
Energtek, Inc. Issues Letter to Shareholders
Date: 09/21/2011 @ 7:00AM
Source: PR Newswire
Stock: Energtek (PL) (EGTK)
Click Here! Management Team
Lev Zaidenberg - CEO, Energtek Inc. A highly experienced international high-tech entrepreneur and manager. Mr. Zaidenberg co-founded the company in 2002. Prior to 2002 Mr. Zaidenberg started and managed several successful hi-tech companies in Israel, Europe and the USA. From 1995 to 2001, Mr. Zaidenberg served as Director of Business Development of Constellation 3D Inc. (C3D, publicly traded in the US). In 1995, Mr. Zaidenberg founded MuTek Ltd., a developer of new generation software support products marketed to industry leaders worldwide, including Microsoft. Mr. Zaidenberg served as CEO of MuTek until 2000. From 1984 to 2004, Mr. Zaidenberg served as consultant to the Israeli Defense Forces in computer auditing and security. He has received awards for inventive contributions and solutions by the Israeli Air Force and the Israeli Computer Society. Mr. Zaidenberg received a B.Sc. in Applied Mathematics and an MBA from Tel-Aviv University.
Prof. Yuri Ginzburg - CTO, Energtek A PhD / D.Sc in Mechanical Engineering, Prof. Ginzburg is a world expert in the automotive industry. He is a specialist in alternative fuel systems and R&D projects management. Prof. Ginzburg served as Angstore's CTO and afterwards Energtek's one from 2002. From 1998-2003, Prof. Ginzburg served as R&D Director in Barg Enterprises LTD, a company specializing in transfer of technologies from former USSR countries. Since 1997, he has served as a Consultant for Rhyno Inc., USA, responsible for the development of off-road vehicles based on Russian-made chassis, Cummins engines and Allison transmissions. From 1995-1996, Prof. Ginzburg was a Project Coordinator in MIKIP LTD (Kazakhstan-Netherlands) responsible for the development and serial production of city buses in Kazakhstan, based on the DAF power pack. From 1992-1995 he taught at Haifa's Technion University, specializing in R&D of combat vehicles. From 1986-1991, Prof. Ginzburg served as Head of the Vehicle Department in the Research and Development Association of Motor Vehicle Industries, and was Vice-President of the "National Heavy Ground Vehicles Test Center" in Moscow, USSR Previously, he was a Professor in the Faculty of Ground Vehicles at Cheliabinsk Technical University. Prof. Ginzburg is the author of 18 patents and over 70 scientific works Michael Greenfield - Treasurer, Energtek Inc. Mr. Greenfield has over 18 years experience in the international financial services industry, bringing together management, financial and banking skills tuned in previously held positions. He founded Ever Green Field Enterprises in 1999, naming the company after his late father, Judge Leslie H. Greenfield, and childhood name which he hebraicized upon making Aliyah in 1981. Prior to EGFE, he held management positions in Bank Leumi, Israel’s second largest bank, and in Supersol, Israel’s second largest supermarket chain. He holds a MBA in finance and marketing from Tel Aviv University and a BA (cum laude) from Brandeis University. Mr. Greenfield previously served on the board of directors of two U.S. companies taken public on the back of Israeli-related patents/know-how:
Brainstorm (Nasdaq: OTC.BB: BCLI.OB) and Smart Energy Solutions (Nasdaq: OTC.BB: SMGY.OB).
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