Boca Raton, Florida, Feb. 10, 2014 (GLOBE NEWSWIRE) -- Poly Shield Technologies Inc., (OTCQB:SHPR)
announces the signing of a consulting agreement with DNV GL to test
and evaluate Poly Shield Technologies Inc.'s DSOX-15 Fuel
Purification System's technology. The test will be completed
in the month of February 2014 and results are anticipated early
March 2014. The results will be made available to the public and
the maritime industry prior to the Cruise Shipping Miami event
March 10-13 2014, CMA Shipping conference held in Stamford
Connecticut March 17, 2014 and the Green Ship Technology GST
Conference in Oslo, Norway March 18-20, 2014. Chairman CTO, Rasmus
Norling, commented, "The test results from this evaluation will
provide the maritime industry and owners of over 65,000 ships
effected by the upcoming 2015 emissions regulations a third party
verification of the DSOX-15's capabilities." Currently Poly Shield
Technologies Inc. customers represent 49 ships covered under
DSOX-15 installation contracts.
Poly Shield Technologies Inc., will continue updating the public
on the all the Company's projects as it progresses through
research, development, testing and implementation.
DNV in the Maritime industry
DNV GL is the world's leading classification society and a
recognized advisor for the maritime industry. We enhance safety,
quality, energy efficiency and environmental performance of the
global shipping industry - across all vessel types and offshore
structures. We invest heavily in research and development to find
solutions, together with the industry, that address strategic,
operational or regulatory challenges.
About Poly Shield Technologies Inc.:
Poly Shield Technologies Inc., develops and markets
environmental, pollution emissions, energy saving, corrosion and
durability solutions to a worldwide market.
Poly Shield Technologies Inc.'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 currently 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 and in use in a number of different
industries applications.
On behalf of the Board of Directors, Rasmus Norling, Chairman /
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: For further information about Poly Shield Technologies Inc.
please visit the company's website at: http://www.Polyshieldtechnologies.com.
Or phone us at 800-648-4287
