Published:
Pinnacle - S-Charger Corporation Addresses Global Fuel Technology Marketplace
Pinnacle Group Unlimited, Inc. ("the Company")(OTC: PGPU), which recently announced that it will acquire all of the issued and
outstanding shares of S-Charger Corporation, today released S-Charger
Corporation's outlook for its product on the global automotive marketplace.
According to the Changzhou TLD Motorcycle Trade information Network Co.
Ltd., China's motorcycle fleet consists of over 70 million units in 2006
and is expected to grow by 9% through 2008. The world's next two largest
engine markets, Indonesia and India, have similar motorcycle populations
and are also target markets for
S-Charger Corporation products. S-Charger CEO, Hong Kong born, Wai-cheong
Sin:
"S-Charger Corporation believes that based on the sheer size of these
markets even a very conservative market share will reap significant
revenues for the corporation."
S-Charger also expects similar results when it releases its automobile
version of the S-Charger supercharger later in 2006.
About S-Charger Corporation:
S-Charger Corporation, headquartered in Toronto, Canada, specializes in the
development and application of advanced internal combustion technologies
for motorcycles, automobiles and large "heavy-duty" engines.
S-Charger Corporation ("S-Charger") is a privately held corporation that
has patented products that advance internal combustion technology in both
traditional fuel and emerging alternative fuel sectors.
S-Charger Corporation is currently commercializing its patented "S-Charger"
Supercharger - an economical, high performance mechanical air pump - which
increases the overall efficiency of any internal combustion engine by 20
percent.
S-Charger Corporation is targeting the burgeoning Asian/Indian small engine
marketplace and the North American fleet operator community as initial
deployment markets with the mid- to long-term goal of becoming the premier
supplier of supercharging technology to the global CNG (Compressed Natural
Gas) and hydrogen internal combustion verticals.
Fore more information visit the S-Charger website at:
http://www.s-charger.com or contact info@s-charger.com.
This release includes forward-looking statements, which are based on
certain assumptions and reflects management's current expectations. These
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations. Some of these factors include:
general global economic conditions; general industry and market conditions
and growth rates; uncertainty as to whether our strategies and business
plans will yield the expected benefits; increasing competition;
availability and cost of capital; the ability to identify and develop and
achieve commercial success for new products and technologies; the level of
expenditures necessary to maintain and improve the quality of products and
services; changes in technology; changes in laws and regulations, includes
codes and standards, intellectual property rights, and tax matters; the
uncertainty of the emerging alternative fuel market; including the hydrogen
economy moving at a pace not anticipated; our ability to secure and
maintain strategic relationships and distribution agreements. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Distributed by Market Wire
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Daily News
Tags: ,Automotive:Parts and Accessories, EnergyandUtilities:AlternativeEnergy, ,INTHPINK,,TORONTO
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