NEWS RELEASE
FOR IMMEDIATE RELEASE
ENVIRONMENTAL SOLUTIONS WORLDWIDE, INC
THERMACAT(TM) ACTIVE LEVEL III CATALYST SYSTEM VERIFIED
BY CARB FOR OFF-ROAD APPLICATIONS
Concord, ON.--(BUSINESS WIRE) - May 4, 2009. Environmental Solutions Worldwide
Inc. (OTCBB: ESWW) (Frankfurt Stock Exchange FWB: EOW) announced today that its
wholly owned subsidiary ESW Canada Inc. (ESWC) received notification from the
California Air Resources Board (CARB) that the Company's ThermaCat(TM) Active
Level III Plus catalyst system has been verified effective April 28, 2009 for a
wide variety of 1996 to 2009 diesel powered off-road mobile applications.
With this new CARB Executive Order DE-09-010, the ThermaCat(TM) becomes the
first verified mobile off-road LEVEL III PLUS diesel particulate filter system
to combine a passive Diesel Particulate Filter (DPF) with ESWC's proprietary
active real-time diesel fuel based exothermic regeneration components. (1.)
The ThermaCat(TM) system is also the first verified Level III Plus device for
use on both tracked (example: Dozer, Excavator) and rubber tire (example:
Loader, Grader) equipment powered by a wide variety of medium/heavy-duty diesel
off-road engines. The ThermaCat(TM), as verified, proved capable of reducing
diesel Particulate Matter (PM), Carbon Monoxide (CO) and Hydro Carbon (HC) in
excess of 85% while meeting the nationwide stringent nitrogen dioxide (NO2)
limitations. This new NO2 limit, which came into effect on January 1, 2009,
requires that all verified diesel emission retrofit technologies sold and
installed in North America must not increase NO2 emissions by more than 20%.
Through thousands of hours of infield applications and qualified emissions lab
testing, the ThermaCat(TM) system demonstrated its ability to monitor engine
exhaust temperature and pressure, determine when the required conditions are met
and create a diesel fuel based exothermic temperature increase into the DPF.
This repeated, controlled process of regenerating the collected Particulate
Matter (PM) stored in the DPF in real-time engine/equipment operation lowers the
systems backpressure. By doing so, the ThermaCat(TM) maintains optimized
emissions reductions in cold or inconsistent duty cycle applications without the
need for operator interface, expensive equipment downtime or daily maintenance
intervals. This unique approach gives the ThermaCat(TM) ActiVE Level III Plus
catalyst system a very large potential cross section and demographic of
applications.
On July 6, 2007 CARB adopted a pioneering regulation aimed at reducing toxic and
cancer-causing diesel emissions from the state's estimated 180,000 "off-road"
vehicles used in construction, mining, airport ground support and other
industries. This new regulation as reported outlines a potential $3.5 billion
retrofit market over its lifetime. (2.)
On February 17, 2009 the American Recovery and Reinvestment Act (ARRA) was
signed by President Obama. This $789 billion stimulus legislation program allows
for $300 million in grants to be administered by the Environmental Protection
Agency (EPA) under the Diesel Emissions Reduction Act (DERA) program. This
funding is available to heavy duty diesel on road vehicles and off road
equipment owners to retrofit their engines to reduce diesel emissions. (3.)
David J. Johnson, ESW's President and CEO stated "This first ThermaCat(TM) Level
III Plus Executive Order marks what we believe to be the beginning of several
CARB verifications and is an extremely significant accomplishment for our
Company. Verifying emission control technologies that meet increasingly
stringent CARB and EPA regulations is a critical aspect of our business plan and
essential to our customers, partners and distributors. Moving forward, we
anticipate announcing sales and future product verifications for on-road,
off-road and marine/locomotive applications."
Mr. Johnson further remarked, "It is our belief that with our diversified
emission control technologies and our CARB and EPA recognized engine and
emissions testing 'Tech Center' operated by our wholly owned subsidiary ESW
America, we have positioned the Company to take advantage of the growing and
well funded diesel retrofit market. We consider the Company to be well situated
to address existing and future legislative and regulatory requirements."
(1.) FOR FURTHER DETAILED INFORMATION REGARDING THIS CARB VERIFICATION, PLEASE
VISIT: HTTP://WWW.ARB.CA.GOV/DIESEL/VERDEV/VT/CVT.HTM
(2.) FOR FURTHER DETAILED INFORMATION REGARDING THIS RETROFIT OPPORTUNITY,
PLEASE VISIT: HTTP://WWW.ARB.CA.GOV/NEWSREL/NR072607.HTM
(3.) FOR FURTHER DETAILED INFORMATION REGARDING THIS RETROFIT OPPORTUNITY,
PLEASE VISIT: HTTP://DES.NH.GOV/RECOVERY/DOCUMENTS/20090227SLIDES.PDF
ABOUT THE CALIFORNIA AIR RESOURCES BOARD (CARB) The California Air Resources
Board is a part of the California Environmental Protection Agency, an
organization which reports directly to the Governor's Office in the Executive
Branch of California State Government. The Mission of the California Air
Resources Board: To promote and protect public health, welfare and ecological
resources through the effective and efficient reduction of air pollutants while
recognizing and considering the effects on the economy of the state. For further
information, please visit their website at: www.arb.ca.gov/homepage.htm
ABOUT ENVIRONMENTAL SOLUTIONS WORLDWIDE INC. Headquartered in Concord, Ontario,
Environmental Solutions Worldwide, Inc. is a publicly traded company engaged
through its wholly owned subsidiaries ESW Canada, Inc. and ESW America, Inc.
(the ESW Group of Companies) in the design, development, ISO 9001:2000 certified
manufacturing and sales of technologies for both the environmental control and
military sectors. The ESW Group of Companies currently manufacture and market a
diversified line of catalytic emission control products and support technologies
for diesel, gasoline and alternative fueled engines. The ESW Group of Companies
also operates a comprehensive EPA/CARB & MSHA recognized emissions testing and
verification laboratory. For updated information, please visit the Company's Web
site at: www.cleanerfuture.com For updated information about our military
division, please visit the Company's Web site at: www.eswmilitarytech.com
SAFE HARBOR This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In
particular, when used in the preceding discussion, the words "pleased" "plan,"
"confident that," "believe," "expect," or "intend to," and similar conditional
expressions are intended to identify forward looking statements within the
meaning of the Act and are subject to the safe harbor created by the Act. Such
statements are subject to certain risks and uncertainties and actual results
could differ materially from those expressed in any of the forward-looking
statements. Such risks and uncertainties include, but are not limited to, market
conditions, general acceptance of the Company's products and technologies,
competitive factors, the ability to successfully complete additional financings
and other risks described in the Company's SEC reports and filings.
FOR MORE INFORMATION CONTACT:
ENVIRONMENTAL SOLUTIONS WORLDWIDE INC
Investor Relations at 1-905-695-4142
Investor-relations@cleanerfuture.com