SOURCE: Methes Energies International Ltd.

Methes Energies International Ltd.

September 16, 2014 09:00 ET

Methes Energies Attracts Large Response to Recent Successful Webinar

LAS VEGAS, NV--(Marketwired - Sep 16, 2014) -  Methes Energies International Ltd. (NASDAQ: MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, announced today that 459 people registered for the webinar hosted by Biodiesel Magazine this past August 28th. The webinar was mostly attended by industry professionals such as biodiesel and ethanol producers. Methes used the webinar to introduce what it believes is a "game-changer" to the biodiesel industry relating to the way oils are pre-treated before making biodiesel.

Methes is very pleased with the number of attendants but more importantly with the several dozens of requests for additional information it received following the webinar. Calls have been coming in from all over the world including from a number of billion dollar companies that are interested in its catalyst and related technology. Methes is currently working with several potential clients to help them evaluate and validate the catalyst and technology and is confident that many of them will move forward toward implementation.

Nicholas Ng, President of Methes, said, "We knew we had a game-changing technology but we didn't expect the magnitude of the response and from some of the biggest companies in not only the biodiesel industry but the ethanol industry as well. We are getting calls and emails on a daily basis and are engaged with some very big players with very large volumes of production. Looking at the U.S. alone we could be adding significantly to our bottom line from equipment and catalyst sales over the next few years. Considering that most of that is recurring revenues, there is no need to say more as to why we are very, very excited."

About Methes Energies International Ltd.
Methes Energies International Ltd. is a renewable energy company that offers a variety of products and services to biodiesel fuel producers. Methes also offers biodiesel processors that are unique, truly compact, fully automated state-of-the-art and continuous flow that can run on a wide variety of feedstocks. Methes markets and sells biodiesel fuel produced at its showcase production facility in Mississauga, Ontario, Canada, and at its 13 MGY facility in Sombra, Ontario, to customers in the U.S. and Canada, as well as providing multiple biodiesel fuel solutions to its clientele. Among its services are selling commodities to its network of biodiesel producers, selling their biodiesel production and providing clients with proprietary software to operate and control their processors. Methes also remotely monitors the quality and characteristics of its clients' production, upgrades and repairs their processors and advises clients on adjusting their processes to use varying feedstock to improve the quality of their biodiesel. For more information, please visit www.methes.com.

Forward-looking Statements

This press release contains forward-looking statements regarding future events and financial performance. In some cases, you can identify these statements by words such as "may," "might," "will," "should," "except," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of these terms and other comparable terminology. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. There are or may be important factors that could cause our actual results to materially differ from our historical results or from any future results expressed or implied by such forward looking statements. These factors include, but are not limited to, those discussed under the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended November 30, 2013, filed on February 25, 2014, as amended, which is available at the U.S. Securities and Exchange Commission website at www.sec.gov. The forward-looking statements in this press release are based upon management's reasonable belief as of the date hereof. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Contact Information

  • Contacts:
    Methes Energies International Ltd.
    MichelG. Laporte
    Chairman and CEO
    702-932-9964