ENERGTEK CNG LITE ADVANCES MASS TRICYCLE CONVERSION.

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, has announced that its fully- owned subsidiary, Energtek Philippines Inc., has successfully demonstrated its converted natural gas tricycles to government officials in Manila. The three-wheel vehicles were converted specifically for the demonstrations using Energtek's proprietary CNG Lite(TM) technology.

The vehicle conversions and demonstrations were performed by Energtek's engineering team at the request the Government of the Philippines. Presentations of Energtek's proprietary technology were held at the Filipino Department of Energy's central offices.

CNG Lite(TM) technology was presented to numerous governmental officials involved in the various aspects of the nation's public transport programs. The presentations were attended by both executive and technical teams of several governmental departments, with each presentation lasting several hours. Pictures from the presentations can be viewed online at http://www.Energtek.com.

The government has announced its intention to include tricycles in the nation's official Natural Gas Vehicle Program for Public Transport (NGVPPT). Vehicles included in the alternative energy program have been allocated NG from the Malampaya Offshore Natural Gas Reserve in Batangas, the nation's largest indigenous energy source. The government presently seeks to utilize the reserve to supply the motor fuel energy needs of its large transportation sector.

Energtek has been requested by the government to convert at least 1,000,000 tricycles in the coming years. Conversion of even half the requested amount is expected to yield several hundred millions of dollars in revenue for the provision of equipment, in addition to the yearly recurring revenues of additional hundreds of millions of dollars through the sale of natural gas.

"The government must pour all savings and revenue into programs that help the poor and the middle class," stated President of the Philippines, Gloria Macapagal-Arroyo. A federal order was issued by the President outlining the government's aim to convert 20 percent of vehicles owned by the national government to natural gas.

Tricycles represent one of the most popular forms of transportation in the Philippines and there are millions of gasoline powered tricycles in the metropolitan area of Metro Manila, causing dangerous pollution levels. The provision of gas through the NGVPPT program will allow the conversion of large numbers of tricycles to operate on Natural Gas. Converting the vehicles to Natural Gas provides a substantial reduction in hazardous emissions and is cost-effective. CNG Lite(TM) is currently the only commercially-viable system that can be utilized for the mass conversions of tricycles in the Philippines.

"The addition of tricycles to the NGVPPT moves Energtek one step closer to our goal of converting massive numbers of tricycles in the Philippines," said Energtek CEO Lev Zaidenberg. "The demonstrations further confirmed that the provision of a cheaper and cleaner motor fuel will benefit tricycle drivers economically, while contributing to local ecological improvement. CNG Lite(TM) will provide benefits for the entire population."

About Energtek

Energtek develops and applies proprietary low-pressure storage technology to provide complete well-to-wheel pipeless Natural Gas supply solutions to industrial consumers and fleets of small vehicles. Energtek's Natural Gas solutions reduce pollution and alleviate consumer energy costs. Energtek provides competitive bulk transportation solutions to industrial users and a profitable alternative motor fuel solution for 2- and 3-wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East.

For more information, visit http://www.energtek.com or call 212/999-6202.

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