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Gold Bond Resources, Inc. Appoints Brenntag Latin America as Exclusive
Distributor
STAFFORD, Texas, Nov. 19 /PRNewswire-FirstCall/ -- Gold Bond Resources, Inc.
(BULLETIN BOARD: GOBM) announced today that its wholly owned subsidiary,
EnerTeck Chemical Corp. ("EnerTeck"), has entered into a Memorandum of
Understanding under which it has appointed Brenntag Latin America ("Brenntag")
as an exclusive distributor of its EnerBurn(TM) combustion catalyst for diesel
engines. The arrangement grants Brenntag marketing exclusivity in the Latin
American countries of Colombia, Venezuela, Ecuador and the Dominican Republic.
EnerBurn is an environmentally proactive diesel fuel additive and engine
treatment technology that is field proven to increase fuel efficiency and reduce
emissions of NOx, soot and smoke.
This month, Brenntag will start marketing activities that are directed toward
large diesel fuel consumers, which include those in the trucking, maritime
shipping and rail/locomotive industries, as well as other large commercial and
industrial users of diesel fuel. According to information supplied by the U.S.
Energy Information Administration, Colombia, Venezuela, Ecuador, and the
Dominican Republic consume in excess of 3.5 billion gallons of diesel fuel on an
annualized basis.
EnerTeck's flagship product, EnerBurn Combustion Catalyst for Diesel Fuel, forms
a non-hazardous catalytic surface on the diesel engine's combustion chamber and
piston heads. This catalyst lowers the combustion temperature of carbon and
accelerates oxidation. Verifiable results include: increased fuel economy of
between 8-15%, reduced engine wear of 40-50%, and increased horsepower of
approximately 4%. EnerBurn's contribution to the environment includes decreased
smoke of 25-60% and reduced NOx emissions of 10-15%.
EnerBurn was introduced commercially by Nalco/Exxon Energy Chemicals, L.P., a
joint venture between Nalco Chemical Corporation and Exxon Corporation. In
January of 2001, EnerTeck commenced the marketing of EnerBurn to large trucking,
maritime shipping, and rail/locomotive companies domestically, as well as in the
United Kingdom, Japan and South America.
Brenntag notes "that most competitive products professing to have benefits
comparable to EnerBurn do not have actual sales performance references and test
data to support the claimed benefits in connection with the use of their
products." Brenntag "is optimistic about marketing EnerBurn because EnerTeck
has sales references as well as a large accumulation of successful engine test
data from the well-known Southwest Research Institute." This institute is an
internationally recognized non-profit research organization for fuel, lubricant
and emissions research activities, as well as for commercial applications.
About Brenntag Latin America
Brenntag Latin America, with offices in Houston, Texas, is the Latin American
sales division of The Brenntag Group. The Group is the world's leading
chemicals logistics and distribution company offering a global network for
purchasing and supplying industrial and specialty chemicals with over 300
locations throughout the world. In addition to distributing chemicals, The
Brenntag Group bundles the product lines of big chemical producers and turns
them into a flow of goods tailored to each customer's specific needs. Additional
information about Brenntag Latin America and the Brenntag Group can be obtained
by contacting Fernando Acosta at (011) (58)212263-4633 or by visiting Brenntag
Latin America's web site at http://www.brenntagla.com/ .
About EnerTeck Chemical Corp.
EnerTeck Chemical Corp. is a wholly owned subsidiary of Gold Bond Resources,
Inc., a company focused on the development and/or acquisition of combustion
enhancement, emission reduction, and other environmentally friendly
technologies. EnerTeck's diesel fuel specific combustion catalyst, EnerBurn,
has begun to establish a foothold in the domestic diesel engine marketplace for
use in on-road vehicles, locomotives and marine engines. The product is also
being sold in Europe, Japan and South America. Additional information can be
obtained by contacting the Company's CFO, Leon van Kraayenburg at (281) 240-1787
or by visiting the Company's web site at http://www.enerteck.net/ .
About Gold Bond Resources, Inc.
Gold Bond Resources, Inc. acquired EnerTeck Chemical Corp. in January 2003.
With this first acquisition, Gold Bond intends to continue to pursue
acquisitions within the energy technology arena. Further information about Gold
Bond Resources, Inc. may be obtained by contacting the Company's President,
Parrish B. Ketchmark, at (800) 220-8174.
This release contains certain forward-looking statements within the meaning of
the Federal Securities Laws. Such statements are based on assumptions that Gold
Bond Resources, Inc. believes are reasonable, but which are subject to a wide
range of uncertainties and business risks. Factors that could cause actual
results to differ from those anticipated are discussed in Gold Bond's filings
with the Securities and Exchange Commission (at http://www.sec.gov/ ), including
its Annual Report on Form 10-KSB for the year ended July 31, 2001 and its
Registration Statement on Form SB-2 filed on September 17, 2003.
DATASOURCE: Gold Bond Resources, Inc.
CONTACT: Parrish B. Ketchmark of Gold Bond Resources, Inc.,
+1-800-220-8174; or Leon van Kraayenburg of EnerTeck Chemical Corp.,
+1-281-240-1787; or Fernando Acosta of Brenntag Latin America,
+011-58-212263-4633
Web site: http://www.sec.gov/
Web site: http://www.enerteck.net/
http://www.brenntagla.com/