Business
AFS (2004) announces engine controller contract
AFS (2004) announces engine controller contract.
About this update from Arctic Fox Lithium Corp
[{"type":"text","content":"\n\n\n\n\nCALGARY, May 16 /CNW/ - Alternative Fuel Systems (2004) Inc. \n(\"AFS (2004)\" or the \"Company\") (TSX Venture: AFX) is pleased to announce that\ndue to strong initial sales of its custom designed electronic ignition and\nfuel system controller, the Company has received a purchase order to provide\nanother production run of these systems for a customer based in the United\nStates. This order is valued at about $175,000 Cdn. AFS (2004) President and\nCEO Jim Perry stated, \"we are pleased that our customer is having such success\nin selling these systems. They are being used in places like southeast Asia,\nwhere customer acceptance has been so good that another manufacturing run is\nalready required. Our challenge is to get electronic parts in-house as quickly\nas possible, so that we can meet this rapid increase in demand. We have pre-\nordered some of the long lead-time items, so we have a head start in getting\nthings underway. Delivery should occur in the third quarter of this year.\"\nThe systems that AFS will manufacture for this order are combined\nelectronic ignition and fuel controllers. These systems facilitate the use of\nclean burning natural gas in vehicle engines, helping to improve air quality\nby reducing harmful emissions.\n\nAFS (2004) provides systems and components enabling diesel and gasoline\nengines to operate on cleaner burning natural gas and other alternative fuels.\nThe company is headquartered in Calgary, Canada and trades on the TSX Venture\nExchange under the symbol AFX.\n\nCertain statements contained in this press release may be considered as\n\"forward looking\". Such \"forward looking\" statements are subject to risks and\nuncertainties that could cause actual results to differ materially from\nestimated or implied results. The Exchange does not accept responsibility for\nthe adequacy or accuracy of this release.\nUpdated information about AFS (2004) can be accessed on its website:\nwww.afsglobal.com\n%SEDAR: 00003847E\n\n\n","length":2037,"tagName":"div"}]