$EGTK - Energtek Inc.

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Jan 26, 2012, 12:59:15 PM1/26/12
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Thursdays New StockGoodies Profile $EGTK - Full Company Profile

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
BULK TRANSPORT
CONVERSION SYSTEMS
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.

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

Float59 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)
Click Here!

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)
Click Here!

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).

Contact Us

Energtek Inc.
11 East 44th Street
Suite 1900
New York NY 10017
USA
Tel: +1 212-999-6202
Fax: +1 212-208-4344
Email: Contact Energtek using the contact us form below, or send to
Energte...@energtek.com
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