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Technology to be presented at ANGVA 2007 Conference and Exhibition

Energtek Inc.'s subsidiary, Angstore Technologies Ltd, has completed what’s believed to be the first ever reported set of road tests of one of the most widespread scooters in India converted to run on ANG (Adsorbed Natural Gas). Based upon these successful tests, the company expects to begin serial conversions of motorcycles during 2008. Angstore representatives will also be presenting a paper on the technology at the upcoming ANGVA 2007 Conference and Exhibition in Bangkok, Thailand, next month.

The ANG technology allows storing Natural Gas under lower pressures than Compressed Natural Gas (CNG), the prevalent technology for Natural Gas Vehicles (NGV), does. The lower pressure used by ANG technology allows significant savings in the infrastructure costs of filling stations, allowing for lower fuel costs for the end-user, and may also enable a more efficient use of the vehicle's space. Additionally, at the same pressure levels, ANG technology permits storing greater amounts of natural gas than CNG does, thus enabling longer driving ranges.

Lev Zaidenberg, CEO of Energtek, commented, "With the ground breaking achievement, Energtek solidifies the assertions made by industry insiders as being the 'world leader in ANG technology'. The conversion to ANG is accomplished in a couple of hours and at affordable prices. Since conversion from Gasoline to Natural Gas allows considerable savings on fuel costs, the company anticipates strong demand for the implementation of this new technology. Energtek intends to transform these achievements into product penetration in the Asian markets, in which two and three wheelers are the predominant vehicles. We expect to hold a leading position in the huge emerging market of conversions to Natural Gas fuel."