Enerteck Corporation Announces Retirement and Resignation of Dwaine Reese

Loading...
Loading...

STAFFORD, TX / ACCESSWIRE / July 25, 2016 / Enerteck Corporation ETCK (the "Company") reported today that Dwaine Reese, who has been Chief Executive Officer of the Company since 2003, has announced his retirement and resigned as the Company's Chief Executive Officer and a director, effective immediately. Mr. Reese, one of the original founders of the Company, will be retained as a special advisor on an as needed basis following his departure.

Gary Aman, who has been the Company's President since March 2009, will serve as Acting CEO until further notice.

The Company is continuing in its efforts to engage new potential customers interested in reducing both their fuel consumption and emissions. Having recently completed two positive field trials of our flagship product, EnerBurn, and with many more in progress, our newer distributors are actively working to convert those into new customers.

About Enerteck Corporation

Enerteck Corporation, through its wholly owned subsidiary, Enerteck Chemical Corp., specializes in the manufacture, sale and marketing of diesel fuel performance improvement catalysts and emission reduction technologies. The primary benefits of Enerteck's flagship product, EnerBurn®, are increased fuel efficiency, substantial reduction in emissions and prolonged engine life. Additional information can be obtained by contacting the Company's President, Gary Aman, at (281) 240-1787, by email at gaman@enerteck.net or by visiting the company's website www.enerteck.net.

Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to EnerTeck Corporation, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2015. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or for any other reason.

Contact:

Gary Aman
President
gaman@enerteck.net
(281) 240-1787

SOURCE: Enerteck Corporation

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...