ALBUQUERQUE, NM–(Marketwired – Sep 3, 2015) – Enerpulse Technologies (OTCQB: ENPT), manufacturer of Pulstar Spark Plugs, announced today that it has successfully completed laboratory testing of its NMH2L plasma spark plug, which is designed for large stationary natural gas fueled industrial engines. Service life requirements have been met or exceeded and field testing has been initiated with several large engine operators. Following successful field testing, anticipated to complete late 2015, Enerpulse will market the Pulstar NMH2L spark plug through various distribution channels at a retail price of $149.95.
The NMH2L plasma spark plug is designed to fit a large majority of engines in the power generation (including landfill) and natural gas compression markets. According to Power Systems Research, there are nearly one million such engines currently in use in the global alternative fuels industry. On average, these engines consume 16 spark plugs per 90 day service interval.
“We estimate our Pulstar NMH2L spark plug will fit approximately 25% of the one million engines currently in use in the global marketplace,” said Joseph Gonnella, CEO for Enerpulse Technologies. “The NMH2L will be the centerpiece of our natural gas business segment.”
According to Lou Camilli, Chief Technology Officer and President of Enerpulse Technologies, “We are confident the operating efficiency, fuel economy gains and reduced emissions delivered by Pulstar’s plasma-assisted combustion technology will offer engine operators a significant value proposition.”
Pulstar Spark Plugs use an internal capacitor to create an intense nano-second burst of energy upon spark formation, saturating the fuel with combustion enhancing plasma. The ability to produce large amounts of highly-reactive plasma allows Pulstar Spark Plugs to improve ignition and combustion of fuels with high flash-points such as natural gas. Testing of existing Pulstar Spark Plug models in various natural gas fueled engines has shown fuel efficiency gains of up to 2.8%, emissions reduction of up to 8% and have increased stability by improving Coefficient of Variation of Indicated Mean Effective Pressure (CoV of IMEP) by up to 17%.
About ENERPULSE (OTCQB: ENPT)
Enerpulse Technologies, Inc. is a publicly traded company headquartered in Albuquerque, N.M. Founded in 2004; the company develops and manufactures ultra-high performance, low emissions ignition products through the application of pulse power technology. Enerpulse is currently commercializing a proprietary plasma spark plug technology called n-PAC® that significantly improves the performance, fuel efficiency and emissions of internal combustion engines under the brand name Pulstar® to Automotive OEMs, the natural gas engine market and the commercial car and motorcycle aftermarket. Pulstar is available through more than 12,000 store-based retailers and most major internet-based retailers in North America. For more information on Enerpulse, please call 888-800-6700 or visit www.enerpulse.com.
Safe Harbor / Forward-Looking Statements
This news release contains “forward-looking statements” as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Information provided by the Company such as online or printed documents, publications or information available via its website may contain forward-looking statements that involve risks, uncertainties, assumptions, and other factors, which, if they do not materialize or prove correct, could cause its results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words “planned,” “expects,” “believes,” “strategy,” “opportunity,” “anticipates,” and similar words. These statements may include, among others, plans, strategies, and objectives of management for future operations, marketing and sales; any statements regarding proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including market conditions, risks associated with the cash requirements of our business and other risks detailed from time to time in our filings with the Securities and Exchange Commission, and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.