Business
AFS (2004) announces European regulator orders
AFS (2004) announces European regulator orders.
About this update from Arctic Fox Lithium Corp
[{"type":"text","content":"\n\n\n\n\nCALGARY, Jan. 23 /CNW/ - Alternative Fuel Systems (2004) Inc.\n(\"AFS (2004)\" or the \"Company\") (TSX Venture: AFX) announced today that it has\nreceived new orders for natural gas pressure regulators from its European\ndistributor valued at more than $500,000 Cdn. Delivery of the regulators has\nbeen requested in the first half of 2006. AFS (2004) President and CEO Jim\nPerry stated that \"these orders result from a planned significant ramping up\nof production of natural gas vehicles by the end customer. Our challenge now\nis to work to increase our flow of parts and supplies, combined with added\nproduction volume\".\nAFS (2004) is a Canadian company providing innovative and cost-effective\nsolutions to the growing global problem of harmful exhaust emissions from\ninternal combustion engines. AFS (2004) has commercialized electronic engine\nmanagement systems and components enabling internal combustion engines to\noperate on a variety of fuels. The Company is headquartered in Calgary, Canada\nand trades on the TSX Venture Exchange under the trading symbol AFX.\n\nForward-looking statements - this news release may contain \nforward-looking statements about AFS' business, marketing and product\ndevelopment plans based on the current expectations of management.\nAFS (2004) cautions investors that any forward-looking statements are\nsubject to various risks, uncertainties and other factors that could cause the\nCompany's actual results to differ materially from those expressed in, or\nimplied by forward looking statements. These risks, uncertainties and other\nfactors include, without limitation, uncertainty related to the Company's\nability to successfully implement its business strategy; the risk that product\ndevelopment projects may not be completed successfully or in a timely manner;\nthe ability of the Company to successfully negotiate and execute definitive\nagreements with its customers; the development of competing technologies and\nthe possibility of increased competition; fluctuating energy prices;\navailability of key components; uncertainties involving government policies\nand government regulations affecting the Company's business.\n\n Visit our website at: www.afsglobal.com\n\n\n","length":2296,"tagName":"div"}]