Boca Raton, Florida, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Poly Shield Technologies Inc.'s (OTCBB:SHPR) wholly owned subsidiary, New World Technologies Group Inc. has completed seven feasibility studies and energy surveys for apartments and condominiums in the Miami, Florida area.
The initial surveys are intended to determine the building's compatibility for the installation of the New World Technologies' EnergX and WaterX energy conversion systems. These systems could potentially result in up to a 30% energy savings over the current HVAC systems. New World Technologies also offers a new, chemical free upgrade for cooling towers which is expected to assist building owners and operators with compliance as it relates to the new eight cycle requirements set by EPA in 2012.
Doug Faulkner , CEO of New World Technologies commented "We believe that our unique alternatives to conventional heating and cooling systems will prove to be more cost efficient and provide a higher level of safety for the families residing in these complexes".
About Poly Shield Technologies Inc.
Poly Shield develops, manufactures and/or markets environmental,
pollution emissions, energy saving, corrosion and durability
solutions to a worldwide market.
Poly Shield's proprietary DSOX-15 Fuel Purification System is a cost-effective technology designed to remove sulfur from fuel in an effort to meet the upcoming sulfur emissions regulations due to take effect in 2015. The technology is directly aimed at the maritime industry which includes vessels for cruise-line, freight shipping and tanker companies and can be installed during normal vessel operation without the need to use expensive dry dock time. The technology has a worldwide application that is not limited to the maritime industry.
The Poly Shield's Fluoropolymer coatings are formulated specifically for extreme durability reduced maintenance and enhanced aesthetics. They were tested and are in use in a number of different industries including marine, aerospace, oil field, industrial, commercial, and residential applications.
About New World Technologies Group, Inc.:
New World Technologies Group Inc., a wholly owned subsidiary of Poly Shield Technologies Inc., markets systems to increase commercial property efficiency including reduction of energy consumption, energy recovery, cooling tower upgrade and maintenance, and water system descaling and biofilm prevention.
For further information about Poly Shield Technologies Inc. please visit the company's website at http://www.Polyshieldtechnologies.com.
On behalf of the Board of Directors
Rasmus Norling, Director and CTO
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that Poly Shield Technologies Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in Poly Shield Technologies Inc.'s Quarterly and Annual Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of Poly Shield Technologies Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Poly Shield Technologies Inc.'s forward-looking statements. Except as required by law, Poly Shield Technologies Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Poly Shield Technologies Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.
SOURCE Poly Shield Technologies Inc.
CONTACT: firstname.lastname@example.org www.polyshieldtechnologies.com
|Poly Shield Technologies Inc.'s Wholly Owned Subsidiary, New World Technologies Group Inc., Has Completed a Feasibility Study and Energy Survey for Villa Regina Condominiums in Miami, Florida. (2013/8/8)|
|Poly Shield Technologies Inc. will establish research, development and world wide marketing operations in the British Virgin Islands. (2013/10/28)|
|Poly Shield Technologies Inc., has completed the corporate registration and has established a wholly owned company in The British Virgin Islands, Poly Shield Technologies (BVI) Ltd. (2013/11/25)|
|Poly Shield Technologies Inc., Begins a Development Feasibility Study of the DSOX-15 Fuel Purification System as a Shore Side Low Sulfur Fuel Supplier. (2013/8/19)|
|Poly Shield Technologies Inc., completes Installation Survey for the DSOX-15 Fuel Purification System for a third major maritime company. (2013/9/3)|
|Poly Shield Technologies Inc. has completed the third cruise ship survey for the DSOX-15 Fuel Purification System in the Baltic Sea. (2013/8/1)|
|Poly Shield Technologies Inc. - Poly Shield Technologies Inc. schedules cruise ship survey for DSOX-15 Fuel Scrubber installations. ()|
|Poly Shield Technologies Inc., receives request for an additional Vessel Installation Survey for the DSOX-15 Fuel Purification System. (2013/10/21)|
|Poly Shield Technologies Inc., receives request by a second major cruise line company to perform a Ship Installation Survey for the DSOX-15 Fuel Purification System. (2013/8/12)|
|Poly Shield Technologies Inc. Announces Three New Directors Have Agreed to Join the Board of Directors ()|
|Poly Shield Technologies Inc||View shpr Stock Quote|
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