SCOTTSDALE, Ariz., Dec. 26 /PRNewswire-FirstCall/ -- EMTA Holdings, Inc. , an energy and fuel conservation company, maker of XenTx, Synergyn, engine treatment and diesel fuel efficiency products and an industrial/commercial solutions company, announced that its wholly owned subsidiary, White Sands, LLC has completed the sale of its Tier 1 (211B) Test Data to a fuel additive manufacturing company.
EMTA was initially contacted by an attorney from the company, David Johnson of Ruden McClosky, who then negotiated the terms and agreement with EMTA. Licensing of additional EMTA's products to this company may develop in the coming months.
Edmond Lonergan, Pres/CEO states, "This unsolicited sale of our Tier 1 test data to this manufacturer will create a strong marketing advantage of their product to their commercial and industrial customer base. I believe this, is proof positive that our diesel fuel additive technology is world class."
"The cost today to duplicate this testing would be approximately $1,000,000 and would take up to 18 months. This is the primary reason the EPA has developed a process whereby test data can be shared between companies. If companies do not want to share their data, the EPA has established a method of binding arbitration to ensure cooperation between potential rivals."
Mr. Lonergan added, "For this reason, we expect that other diesel fuel additive companies will be interested in negotiating similar agreements creating a potentially strong revenue stream beneficial to our bottom line."
About EMTA Holding, Inc:
EMTA Holdings, Inc., develops and manufactures innovative products to conserve energy, particularly for petroleum-based fuels. The Company's engine and fuel additives are marketed under the brands XenTx(TM), Synergyn(TM) and CleanBoost(TM) brands, and are sold both to commercial and retail customers. They are available from key distributors, major automotive retailers and online at http://www.emtacorp.com/store. For additional information on EMTA products, please visit http://www.xentx.com.
Paula C. Wright
VP IR/PR/Media
EMTA Holdings, Inc.
480-222-6222
pwright@emtacorp.com