Egshares EM Dividend High Income Etf (AMEX:EMHD)
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SCOTTSDALE, Ariz., Aug. 5 /PRNewswire-FirstCall/ -- EMTA Holdings, Inc., (OTC:EMHD) (BULLETIN BOARD: EMHD) , an energy and fuel conservation company and maker of XenTx(TM), Synergyn(TM) and other engine treatment and fuel efficiency products, today announced that its major distributor of private label Synergyn(TM) products has secured contracts with two major truck stop operating companies to supply those products nationwide. Under the distributor's private label, Synergyn(TM) products will be in at least 650 truck stops across the U.S., by August 1, 2008.
This has increased orders for Synergyn(TM) products from this distributor from several pallets to 3-7 truckloads per month. This equates to at least a 331% increase in sales for this distributor and an increase in revenues of between $150,000 to $300,000/month.
"This is a significant step forward in getting our technology into the hands of truckers at a time when they must improve engine performance and efficiency just to stay in business," commented Ed Lonergan, President/CEO of EMTA Holdings, Inc. "In addition, it validates that the Synergyn(TM) technology does have tremendous value in today's transportation industry."
Synergyn(TM) products include high-performance fuel additives, engine oils, gear lubricants and transmission fluid. Synergyn(TM) was acquired by EMTA on January 1, 2007.
About EMTA Holdings
EMTA Holdings, Inc., develops and manufactures innovative products to conserve energy, particularly for petroleum-based fuels. The Company's engine and fuel additives are marketed under the brands XenTx(TM), Synergyn(TM) and CleanBoost(TM) brands, and are sold both to commercial and retail customers. They are available from key distributors, major automotive retailers and online at http://www.emtacorp.com/store. For additional information on EMTA products, please visit http://www.xentx.com/.
Forward-Looking Statements: This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of EMTA Corp. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission.
CONTACT:
Larry Downs
Equiti-trend
Director of Communications
800-585-6988
Or
Paula C. Wright
VP IR/PR/Media
EMTA Holdings, Inc.
480-222-6222
SOURCE EMTA Holdings, Inc.
CONTACT: Larry Downs, Director of Communications of Equiti-trend,
1-800-585-6988, , for EMTA Holdings, Inc.; or Paula C.
Wright, VP IR-PR-Media of EMTA Holdings, Inc., +1-480-222-6222,
Web site: http://www.emtacorp.com/