TeQuity Adds EnerTeck, First Public Company, To Portfolio
Fuel Catalyst Technology Proving Out With World's Largest Diesel Users.
- (1888PressRelease) February 22, 2013 - BOULDER, Colo. -TeQuity Capital & Communications today announced it has placed the first public company in its portfolio with the addition EnerTeck , a developer and manufacturer of fuel catalyst, injection and emissions control technology. Based in Stafford, Texas, EnerTeck's flagship EnerBurn® product is deploying around the world in evaluations and fuel station implementations with a variety of heavy diesel-using operations in transportation, marine, mining and military.
TeQuity's collaboration with EnerTeck represents the Boulder-based investment group's strategy to incubate and grow publicly held companies in addition to startups.
"We've spent the last year investing and leveraging our creative services for equity in a national portfolio of startups, and are pleased to apply our model on a public investment basis with EnerTeck," said TeQuity President and COO Michael Abdy. TeQuity will serve as public and investor relations counsel to the EnerTeck management team.
"Diesel fuel remains a major component of our industrial infrastructure, and some of the largest transportation, mining, marine and government organizations are moving in EnerTeck's direction," said TeQuity CEO John Metzger. "EnerTeck has developed its intellectual property over a decade, has proven out its combustion catalyst technology, and is now demonstrating global traction with its first major purchase orders."
About TeQuity Capital & Communications
Through its technology resources, high-caliber marketing and communication capabilities, and expert angel network, TeQuity Capital & Communications invests seed capital, counsel and service for equity positions within a select portfolio of companies and ideas. The diverse network of entrepreneurs, investors, mentors and creative minds offers a boutique-style approach to launching innovative startups. Based in Boulder, TeQuity is a joint effort between one the world's first technology public and investor relations firms, Metzger Associates, and seed-capital investment group, Tiforp Business Ventures. For more information visit www.tequity.co.
About EnerTeck
EnerTeck Corp., through its wholly owned subsidiary, EnerTeck Chemical Corp., specializes in the manufacture, sale and marketing of diesel fuel performance improvement catalysts and emission reduction technologies. The company's injection equipment and flagship diesel fuel catalytic combustion accelerator product, EnerBurn, have proven dramatic fuel savings, reduced emissions and prolonged engine life for large diesel operations in a variety of industries around the world including marine, ground transportation, mining, oil field services, fracking, military, government and public transit. In 2012, EnerTeck introduced and is now testing its PEx® (Particulate Extraction) product in anticipation of CARB (California Air Resources Board) approval in early 2013. For more information, visit www.enerteck.net.
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