World Class Engineered Products Named New Distributor For puraDYN Filter Technologies
LIVONIA, Mich.–(BUSINESS WIRE)–Sept. 26, 2001
New Distributor Will Market and Sell puraDYN’s Filters
in the Metro-Detroit Area
puraDYN Filter Technologies Inc. (OTC BB: PFTI) has announced a distribution agreement with World Class Engineered Products of Redford, MI. The announcement was made by Kevin G. Kroger, president/COO of puraDYN.
“The substantial cost saving and environmental benefits available to companies with manufacturing equipment makes Detroit an important market for puraDYN,” said Kroger. “As a leader in commodities management, World Class Engineered Products has the ability to sell our product to companies in a wide variety of industries including manufacturing, transportation and construction.” World Class Engineered Products is a commodities management and hydraulic equipment distribution company with large manufacturing clients in the metro-Detroit area. In addition to selling puraDYN(R) filters for use on stationary hydraulic equipment, World Class Engineered Products is also marketing puraDYN’s filters to Detroit-area private and municipal truck fleets, heavy equipment companies and marine businesses. puraDYN is the only by-pass oil filtration system World Class Engineered Products sells to its customers.
“Initial tests with our manufacturing clients indicate that puraDYN’s filters will allow them to extend the life of their hydraulic oil 2 or 3 times longer than normal, said Eric Meyer, Outside Sales Account Manager with World Class Engineered Products. “We are marketing puraDYN’s filters as an economical way for our clients to save time and money associated with the constant replacement of hydraulic and lubricating oil.” About puraDYN
puraDYN manufactures and markets the puraDYN By-Pass Oil Filtration System, a unit that continuously filters lubricating and hydraulic oil by reducing solid contaminants down to 0.25 micron, as well as removing liquid contaminants, therefore maintaining the oil’s viscosity and greatly reducing or even eliminating the necessity for oil changes. As a result of this continuous process, the useful engine and hydraulic system life can be extended. The puraDYN system is effective for internal combustion engines, hydraulic applications and automatic transmissions in the automotive, transportation, construction, marine, agriculture, mining, military and power generating industries. In addition to the economies realized by the reduced purchases of new oil and the costs of disposing of used oil (up to 90%) and extended equipment life, the puraDYN By-Pass Oil Filtration System has been certified as a “Pollution Preventing Technology” by the California Environmental Protection Agency.
For more information on puraDYN Filter Technologies Inc., visit www.puradyn.com.
With the exception of the historical information contained in this news release, the matters discussed above include forward-looking statements that involve risks and uncertainties. Actual results may vary substantially as a result of a variety of factors. Among the important factors that could cause actual results to differ are the ability of the Company to increase revenues and gross profit margins, the levels of selling, general and administration costs as well as research and development costs, validation of the puraDYN Filtration System by OEMs and the effects of competition. The failure of any of these factors could cause actual results to differ materially from the forward-looking statements discussed above.
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