NEW YORK, July 23, 2013 /PRNewswire/ -- Energtek Inc.
(OTCBB: EGTK), a leader in hi-tech natural gas solutions and
Adsorbed Natural Gas (ANG) technology, has announced today that the
revenues to be reported for the second quarter are at least 10%
higher than the first quarter revenues.
Energtek expects to achieve $10,000,000 in revenues during 2013, a goal that
previously was expected to be achieved only by 2014!
The revenues are mainly derived from Energtek's subsidiary in
Bosnia and Herzegovina – Energtek
Herz d.o.o. Mostar. Energtek Herz has been consistently
delivering natural gas, with a steady increase in the quantities
being supplied.
"We are very glad to announce that we continue on the right
track, with increased revenues in shorter time tables than
expected," said Michael
Greenfield, Treasurer of Energtek. "We are proud to continue
working towards fulfillment of goals that met profound skepticism
when first presented to the market," he added.
About Energtek
Energtek develops and
applies innovative low-pressure mobile transportation solutions for
industrial consumers and fleets of small vehicles. The
company is also involved on oil and gas exploration in
Israel. Energtek operates subsidiaries in North America, Europe, Asia
and the Middle East. To learn more about Energtek, visit
www.energtek.com
Forward-Looking Statements
This release contains
forward-looking statements within the meaning 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. In evaluating such
statements, prospective investors should review carefully various
risks and uncertainties identified in this release and other
matters set in Energtek's filings. These risks and
uncertainties could cause actual results to differ materially from
those indicated in the forward-looking statements.
Contacts:
Investor
Relations
IR@energtek.com
212-999-6202
SOURCE Energtek Inc.