Alkane Expands Distribution of Monster Diesel(TM)
July 21 2010 - 7:30AM
Marketwired
Alkane, Inc. (PINKSHEETS: ALKN) announced today that the company
has opened a new distributor and is expanding into a new territory
for its Monster Diesel™ multi-functional diesel fuel additive. The
company will be selling and merchandising Monster Diesel™ through a
leading distributor of automotive products in the Southeast. Their
customers include: Truck and Car Dealerships, Truck and Automotive
repair locations, Trucking Companies and other high consumption
diesel fuel users. They provide full-service distribution to more
than 1,000 customers and their distribution map includes Georgia,
Alabama and Florida.
Mathew Zuckerman, Ph.D., CEO & President of Alkane, stated,
"This is a great opportunity to sell to a high caliber automotive
distributor in the Southeast. We believe they will be a great
partner and will add great value to our distribution network. They
have the experience and the personnel to help increase our
distribution and sales."
He added, "We have already shipped our first order and we are
pleased to be working with them as we expand. We have experienced
excellent sales of our product in the markets where we currently
have distribution and we believe that this will have a positive
impact on our revenues going forward and will also strengthen our
brand awareness. We are extremely focused on expanding our
distribution into new markets as we continue to demonstrate that
our strategy is working while building long term value for our
Shareholders."
About Alkane, Inc.
Alkane, Inc. is dedicated to the development of a family of
alternative fuels and additives which, collectively, will
contribute to a solution to the global energy crisis. Additional
benefits of Alkane, Inc.'s product offerings include positive
environmental impact through the reduction of harmful emissions and
reduced vehicle operation and maintenance costs. Monster Diesel™,
flagship product of Alkane, Inc., is a patent pending high energy
"green" alternative fuel additive which boosts diesel fuel's
quality to premium levels and is designed for use in any diesel
powered motor.
Forward-Looking Statements:
This press release contains certain forward-looking statements.
Investors are cautioned that certain statements in this release are
"forward-looking statements" and involve both known and unknown
risks, uncertainties and other factors. Such uncertainties include,
among others, certain risks associated with the operation of the
company described above. The Company's actual results could differ
materially from expected results.
Visit www.MonsterDiesel.com for more product information, news
and analysis, and information on how to order Monster Diesel™ and
branded products. Also visit Monster Diesel™ on Facebook or follow
on Twitter.
Monster Diesel™ and the logo are trademarks and are the property
of Alkane, Inc.
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Investor Contact: Redwood Consultants, LLC Jens Dalsgaard
415.884.0348 Media Contact: Alkane, Inc. Lou Petrucci
410.666.7837
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