American Power Group Presents at the Benchmark Micro Cap Discovery Investor Confrence

American Power Group - APGI

LYNNFIELD, MA--(Marketwired - Dec 4, 2013) - American Power Group Corporation (OTCQB: APGI) announced today that Chuck Coppa, Chief Financial Officer, will participate in The Benchmark Company Micro Cap Discovery Investor Conference at the Palmer House Hilton Hotel in Chicago, IL. Mr. Coppa will be available for one-on-one meetings with the investment community on Wednesday, December 11th. Please contact The Benchmark Company organizers if you would like to arrange a meeting (www.benchmarkcompany.com).

About The Benchmark Company, LLCHeadquartered in NY with 11 offices across the country, The Benchmark Company, LLC ("Benchmark") is an institutional brokerage firm that provides Research, Sales, Trading and Investment Banking services to public companies and their investors. To learn more about the 2013 Benchmark Company Micro Cap Discovery One-on-One Investor Conference in Chicago, please visit www.benchmarkcompany.com  or call Director of Corporate Access Vince Curatola at 414-203-5556

About American Power Group CorporationAmerican Power Group's alternative energy subsidiary, American Power Group, Inc., provides a cost-effective patented Turbocharged Natural Gas™ conversion technology for vehicular, stationary and off-road mobile diesel engines. American Power Group's dual fuel technology is a unique non-invasive energy enhancement system that converts existing diesel engines into more efficient and environmentally friendly engines that have the flexibility to run on: (1) diesel fuel and liquefied natural gas; (2) diesel fuel and compressed natural gas; (3) diesel fuel and pipeline or well-head gas; and (4) diesel fuel and bio-methane, with the flexibility to return to 100% diesel fuel operation at any time. The proprietary technology seamlessly displaces up to 80% of the normal diesel fuel consumption with the average displacement ranging from 40% to 65%. The energized fuel balance is maintained with a proprietary read-only electronic controller system ensuring the engines operate at original equipment manufacturers' specified temperatures and pressures. Installation on a wide variety of engine models and end-market applications require no engine modifications unlike the more expensive invasive fuel-injected systems in the market. See additional information at:www.americanpowergroupinc.com.

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American Power Group receives follow up order worth 500,000 from Oil and Gas drilling companies

More god news for American Power group (APGI).

The orders are for the upgrade and conversion of additional diesel generators on drilling rigs for operation using APG's Turbocharged Natural Gas(TM) Dual Fuel System. SourceOne Engine Equipment, LLC, our domestic Dealer/Certified Installer booked the orders. While the end customers were not disclosed for proprietary reasons, a recent industry survey ranked these three companies among the top 50 oil and gas exploration and drilling companies in the United States.

Lyle Jensen, CEO of American Power Group stated, "Currently more than 20 of the top oil and gas exploration companies in the United States are running APG's Turbocharged Natural Gas(TM) Dual Fuel System on their drilling rigs with over 75% of those running multiple dual fuel powered drilling rigs. During April, we invoiced a record $1 million in oil and gas related revenue based on previously announced and new orders." Mr. Jensen added, "At a time when global diesel prices continue to escalate, the ability for oil rig operators to use our dual fuel technology with either inexpensive well-head gas or plentiful domestic natural gas as a supplemental fuel provides a significant competitive advantage over operators running on 100% diesel fuel." 

Information gathered from Etrade - APGI NEWS

American Power Group Partners with Fitzgerald Glider Kits to debut first natural gas duel fuel glider at truck show

More interesting news for American Power Group...as you can read form the title of the post they will be debuting their dual fuel engine with Fitzgerald gliders. This is very exciting news for the little company based out of Algona Iowa. These gliders are pretty much just the shell of the car, Fitzgerald and Wheeltime Network get together and refurbishe these gliders. This is a win win situation for everyone....buying the shell of the truck is much more cost effective and there is no need for any sort of special conversion necessary. Natural gas is a step towards the future.
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Lyle Jensen, American Power Group Corporation's President and Chief Executive Officer, stated, "We expect the 2013 Fitzgerald/APG Dual Fuel Glider to become one of most innovative and exciting new Class 8 vehicles on the road with 20%-30% lower net fuel costs as compared to standard diesel engines and up to 70% lower annual maintenance costs." Mr. Jensen added, "The introduction of a Dual Fuel Glider, coupled with the resources provided by a Fitzgerald/WheelTime Network/APG collaboration, could be the game-changer that accelerates the transition of Class 8 truck fleets to natural gas as an alternative fuel."

The benefits of a glider kit are significant. The initial purchase price is typically 25% lower than a new diesel truck. The Detroit Series 60 12.7 liter engine, which is rated at 500hp and 1,650 lb-ft torque, was one of the most popular engines of the 1990s, pre-dating the addition of emissions reduction equipment required on later model year engines. There are significantly less maintenance costs and downtime with the Series 60 12.7 liter engine. Additionally, fuel efficiency is typically better, with fuel mileage of up to 7 miles per gallon. The Fitzgerald Glider comes with a three-year, 300,000 mile warranty on both the engine and transmission.