Abtech Signs Distribution Agreement to market DieselPure
Abtech Holdings, Inc. Smart Sponge® to be Incorporated Into DieselPure™'s Innovative Fuel Filtration System Technology
AbTech Signs Distribution Agreement to Market DieselPure™ Technology in Western U.S.
Can't link but good stuff. Maybe this will move the needle. Abtech believes a 100 million dollar opportunity !
We've been waiting for news like this.....awesome!
SCOTTSDALE, Ariz., Sept. 4, 2013 /PRNewswire/ -- Abtech Holdings, Inc. (OTC QB: ABHD) ("AbTech" or the "Company"), a full-service environmental technologies and engineering firm dedicated to providing innovative solutions to communities, industry, and governments addressing issues of water pollution and contamination, today announced that it entered into an agreement with DieselPure Inc. ("DieselPure") to incorporate AbTech's Smart Sponge® technology into all of DieselPure's™ filtration systems, a sub-micron coalescing filter technology that removes free and emulsified water and other contaminants from ultra-low sulfur diesel and bio-diesel blends in order to prevent engine failure. Sales of the filtration system with Smart Sponge have commenced during third quarter 2013. AbTech estimates the opportunity to distribute DieselPure™ filtration systems in the initial targeted markets alone to reach $100 million plus an additional $1 million attributed to the annual Smart Sponge addressable market opportunity.