STOCK TITAN

OPTEC International Receives Increased Interest In The Company's Fuel Maximizer Products Due To Record Breaking Global Fuel Price Increase

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

OPTEC International, Inc. (OTC PINK:OPTI) reported a significant surge in inquiries for its Fuel Maximizer products, attributed to rising global fuel prices. The company is engaging in discussions with various fleet operators domestically and internationally. The Fuel Maximizer, compliant with six executive orders from California Air Resources Board, enhances engine performance while reducing emissions and fuel consumption. Testing has shown savings between 7% and 35%. The product boasts a zero-failure rate over 1 million miles across diverse vehicles.

Positive
  • Increased inquiries for Fuel Maximizer products due to rising fuel prices.
  • Engagements with large US fleet operators and international clients.
  • Compliance with six CARB executive orders ensuring product reliability.
  • Zero-failure rate over 1 million miles indicates robust performance.
  • Potential savings of 7%-35% on fuel consumption.
Negative
  • None.

VISTA, CA / ACCESSWIRE / March 28, 2022 / OPTEC International, Inc. (OTC PINK:OPTI) today announced a Significant Increase in Inquiries from both Private & Corporate sectors for the company's proprietary Fuel Maximizer Products largely due to the record-breaking fuel price increases across the world. The company is currently in early-stage discussions with a large US fleet operator and multiple International Fleet Operators in addition to the increase in demand for the individual vehicle owners.

The Optec Fuel Maximizer is one of the few products to receive 6 Executive orders for compliance in the air/emission sector for Internal combustion engines by California Air Resources Board (CARB) acknowledged as the world's most stringent regulatory organization in the emissions sector.

The OPTEC Fuel Maximizer reduces emissions, increases performance, and reduces fuel consumption and has received many testimonials over the past 5 years from individuals and corporate fleet operators. The Maximizer performs on most post 2004 computer-controlled gasoline and diesel engines and is completely unobtrusive to the vehicles normal operating standards. As an aftermarket product the Maximizer is protected by the "Magnusson- Moss" Warranty act, which precludes after market products from being voided from manufacture's warranties, unless proven to damage the vehicles operations. The Fuel Maximizer has been tested for over 1 Million miles over the past 5 years with a zero-failure rate in performance on a wide variety of vehicles and engines both in the USA and overseas.

The proprietary technology uses a combination of Electrolysis and Ionization to create a Micro Oxy Hydrogen Fuel Cell extracted from ambient air and is the transported to the combustion chamber and introduced during the combustion cycle to create the cleaner burn and performance while simultaneously reducing emissions due to the lower burn temperature in the chamber.

Fuel savings vary due to a series of factors, type of vehicle, driving conditions (City or Highway) Driver's technique and on commercial vehicles Load ratio, Geographic terrain. Overall, the average savings range from 7%-35% depending on the factors mentioned herein. OPTEC has been testing a Motor-Cycle version of the Maximizer and achieved significant results including almost zero particulate matter and carbon build up in the chamber and spark plugs, reducing the potential maintenance cycles at the same time proving the efficiency of the device.

https://optecintl.com/commercial-fuel-maximizer/

https://optecintl.com/standard-fuel-maximizer/

https://optecintl.com/commercial-heavy-duty-fuel-maximizer/

Magnuson Moss Warranty Act:

https://www.autoanything.com/resources/magnuson-moss-warranty-act-explained/

About OPTEC International, Inc.

With Locations in Carlsbad and Vista, California, OPTEC International is a developer and manufacturer of the OPTEC Fuel Maximizer products along with electronic LED, Ultraviolet (U.V.) & UV-C safety products and related advanced technologies and PPE (Personal Protection Equipment) products. The company's Temperature Scanning product line is being launched at a time when H.R. directors and facilities managers are experiencing extreme concern with respect to keeping environments safe during the global pandemic crisis and the safe reopening of the U.S. economy. For more information, visit: www.optecintl.com

Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Opti, OPTEC or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. OPTEC International Inc.

Investor Relations Contact:
Michael Iorlano
(760) 621-0062 / Mike@MountaintopMedia.net

SOURCE: Optec International, Inc.



View source version on accesswire.com:
https://www.accesswire.com/694839/OPTEC-International-Receives-Increased-Interest-In-The-Companys-Fuel-Maximizer-Products-Due-To-Record-Breaking-Global-Fuel-Price-Increase

FAQ

What caused the increase in inquiries for OPTEC International's Fuel Maximizer products?

The increase in inquiries is mainly due to record-high fuel prices globally.

What are the potential fuel savings from using OPTEC International's Fuel Maximizer?

The potential fuel savings range from 7% to 35%, depending on various factors.

Is OPTEC International's Fuel Maximizer compliant with regulatory standards?

Yes, it has received compliance with six executive orders from the California Air Resources Board.

What kind of companies is OPTEC International engaging with regarding its Fuel Maximizer?

OPTEC is in discussions with large US fleet operators and multiple international fleet operators.

OPTEC INTERNATIONAL INC

OTC:OPTI

OPTI Rankings

OPTI Latest News

OPTI Stock Data

6.73M
9.59M
Auto Parts
Consumer Cyclical
Link
United States of America
Carlsbad