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Thursday, November 29, 2012

Big News for American Power Group





   The APG system is a cost-effective and non-invasive patented turbocharged natural gas dual fuel conversion technology for trucks, stationary generators and off-road mobile diesel engines. The APG system offers a 300-800 mile dual fuel range with no loss of power and torque and, depending on the route profile, delivers an average annual net fuel savings of 15%-30% over 100% diesel fuel. With no practical design limits for engine models or horsepower, the APG system is currently EPA-approved for 88 engine families and is expected to receive EPA approval for more than 200 additional engine families by the end of 2013. The APG system offers the flexibility to return the vehicle to 100% diesel operation at any time. At end-of-life or vehicular rotation, the APG system and natural gas tank can be easily removed and installed on another EPA approved engine.
The WheelTime Network is North America's highest quality truck service network. Its 18 member companies provide installation and warranty support through nearly 200 service centers, 2,800 service bays, 3,000 factory-trained technicians and 30 training facilities located across the United States and Canada. 
"We see natural gas as an important and necessary development in our industry. Accordingly, WheelTime made a strategic decision earlier this year to begin taking the necessary steps to become a center of excellence for the installation and service of natural gas engines," said Mike Delaney, President and CEO of WheelTime Network LLC. 
Delaney added: "In addition to dedicated natural gas engines, we believe diesel engine dual fuel conversions will be an evolutionary step for natural gas, providing a low risk way for fleets to get the benefit of natural gas fuel savings and giving existing equipment new life."

If you would like to read more....here is my source
Thank you yahoo finances

Thursday, October 18, 2012

American Power Group Reports Over $500,000 of New Orders

Go APGI Go

Not only have they made more contracts they will also be testing their conversion model on thirty perspective customers.




American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. ("APG") has received orders for vehicular dual fuel conversions valued at more than $500,000. These orders were received from several certified dealers and customers who intend to install APG's dual fuel system on forty-two heavy-duty trucks. The certified dealers intend to distribute these dual fuel trucks to more than thirty prospective customers so that they may evaluate the costs savings and benefits of APG's V5000 Dual Fuel Turbocharged Natural Gas(TM) System. Eighteen of these systems were shipped in September with the balance scheduled to be delivered within the next sixty to ninety days.
Lyle Jensen, American Power Group Corporation's President and Chief Executive Officer, stated, "With the eighty-eight EPA Over Useful Life ('OUL') engine family approvals received since May 1, 2012, we are entering the next phase of our production roll-out. The forty-two trucks in this most recent order will be evaluated by fleet owners who operate fleets ranging from hundreds to thousands of trucks. Because the units ordered encompass both CNG and LNG configurations, we are looking forward to receiving important feedback from fleet operators who return to a home base daily as well as long haul routes."
Mr. Jensen further commented, "We are working to complete all remaining EPA OUL emission testing in the next few months, to bring our total to approximately two hundred OUL engine families, representing a multi-million dollar market opportunity. Concurrently, we have begun our Intermediate Age (IUL) testing at the University of Houston Diesel Test Center and anticipate completing our first IUL test within the next 60 days. We believe APG's aftermarket dual fuel technology is the key stepping stone for thousands of fleet owners to gain the economic benefits of the price spread between diesel fuel and natural gas while also enjoying the flexibility and comfort level of diesel-like performance."

Tuesday, October 9, 2012

APG to Present at Green Transportation Conference



American Power Group today announced that Lyle Jensen, President and Chief Executive Officer, will be one of the featured lunchtime presenters at the Green Transportation Conference, scheduled to take place on Wednesday, October 24 at the Sheraton Portland Airport Hotel in Portland, Oregon. Mr. Jensen will provide an overview of APG's operations, dual fuel technology, EPA approvals of engine families, and other industry achievements. In addition, a customer vehicle which has been up-fitted with APG's dual fuel solution will be on display at the conference.
The Green Transportation Conference is an alternative fuels and fleet modernization event and organizers anticipate that more than 450 fleet owners and managers will be in attendance.
About American Power Group Corporation American Power Group's alternative energy subsidiary, American Power Group, Inc., provides a cost-effective patented Turbocharged Natural Gas(TM) conversion technology for aftermarket 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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