SAN MARCOS, Calif., July 7, 2011 (GLOBE NEWSWIRE) -- Omnitek Engineering Corporation (OTCQB:OMTK) today announced it has appointed D. Rampersad & Company Limited as a master distributor and exclusive installation center for the company's diesel-to-natural gas conversion kits in Trinidad & Tobago. The primary focus will be on the conversion of heavy-duty trucks and buses, as well as conversions of power generators in industrial zones.
"Omnitek's technology complements government policies in the region that seek to utilize inexpensive and indigenous natural gas from Trinidad and Tobago, representing estimated savings of up to 50 percent for transportation applications compared with diesel fuel. We look forward to working with D. Rampersad & Company Limited to meet the rapidly growing demand for diesel-to-natural gas conversion technology in Trinidad and Tobago," said Werner Funk, president and chief executive officer of Omnitek Engineering Corporation.
Funk noted that Carolyn Seepersad-Bachan, the energy minister of Trinidad & Tobago, is a strong supporter of natural gas and related government tax incentive programs to encourage its utilization. He added that the energy minister expects at least 15,000 new natural gas users in 2012 and approximately 100,000 users within a five-year period. It is estimated that 15,000 additional natural gas users would generate substantial economic savings and result in a greater supply of petroleum products for export to support economic growth.
"Our partnership with Omnitek in Trinidad and Tobago represents an exciting opportunity to create savings for our customers and employment in the region. In addition, diesel-to-natural gas conversion supports government mandates to 'go green,' and offers an approximate one-year return on investment (ROI). We are proud to be the first company on the island to offer Omnitek's conversion technology and look forward to exciting growth opportunities as the business ramps up," said Nirmal Rampersad, chairman and chief executive officer of D. Rampersad & Company Limited.
About D. Rampersad & Company Ltd.
Founded over 50 years ago, D. Rampersad & Company Limited is one of the largest engineering companies in the Caribbean -- providing a full range of engineering services, from automotive and marine engineering to high integrity rotating equipment services. D. Rampersad is an ISO 9001:2000 certified company. The company operates one of the largest mechanical engineering firms in the country, specializing in servicing the oil and gas, petrochemical and water industry. Additional information is available at www.drampersad.com
About Omnitek Engineering Corporation
Omnitek Engineering Corp. develops and sells new natural gas engines, as well as proprietary diesel-to-natural gas conversion systems -- providing global customers with innovative alternative energy and emissions control solutions that are sustainable and affordable.
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