Business
Puradyn Offered Through the DistributionNOW Network
Puradyn Offered Through the DistributionNOW Network.
About this update from Puradyn Filter Technologies
[{"type":"text","content":"\n \n \n Puradyn Offered Through the DistributionNOW Network\n \n \nPuradyn Offered Through the DistributionNOW Network\n\nDistribution Agreement Will Supply puraDYN(R) Systems to the Oil and Gas, Downstream & Industrial and Manufacturing Industries\n\n \n BOYNTON BEACH, FL--(Marketwired - Feb 11, 2016) - Puradyn Filter Technologies, Inc. (OTCQB: PFTI) (Puradyn) announce today that DistributionNOW (NYSE: DNOW) (DNOW) is the distributor for Puradyn bypass oil filtration products in the oil and gas, downstream & industrial and manufacturing services industries. \n DNOW is a leader in providing equipment and solutions to the energy, industrial and manufacturing industries. This announcement follows the recent release of the Puradyn Millennium Technology System (MTS) with patented Polydry® technology for water removal.\n Craig Knight, Director of Drilling Accounts for DNOW, said, \"Puradyn has a technology that offers companies affordable solutions to keep their remaining rigs operating in top form by safely extending oil drain intervals and reducing overall life cycle costs. This represents a significant cost reduction that can improve positive cash flow. In today's economic environment, customers around the world are looking for a solution to help reduce operating and life cycle costs and Puradyn bypass filtration systems help provide that solution. \n \"The drive to continually strive to find cost-saving measures has become critical to decision making, strategizing, and problem solving -- for a lot of companies, it's now about survival. With over 25 years of experience in bypass filtration, Puradyn brings a proven combination of value and affordability to our customers.\"\n Knight concluded, \"DNOW has always been committed to providing quality, value-added products for our customers in the oil & gas industry and Puradyn's performance record with leading drilling contractors confirms their value.\"\n Puradyn President and Chief Operating Officer, Kevin Kroger, said, \"It is an honor to be associated with a reputable energy and industrial supplier such as DNOW. Their dedication to providing first class service and on-time delivery will ensure that contractors in the oil and gas industry using our bypass filtration systems will receive the best support, and we expect our joint customers will ben...