FORT LAUDERDALE, FLORIDA--(Marketwired - April 17, 2014) - Poly Shield Technologies Inc. (the "Company") (OTCQB:SHPR) announces that it has entered into a purchase and services agreement with a cruise line company for the purchase and installation of the Company's DSOX-15 Pre-Combustion Fuel Purification System (the "DSOX-15 System") on one of the cruise line company's vessels. In addition, the Company has agreed to provide the cruise line company with an option to purchase up to 10 additional DSOX-15 Systems.
Rasmus Norling, the Company's Chairman and Chief Technical Officer, stated: "This third installation agreement, and second in the cruise line industry, is further evidence of the demand for our DSOX-15 System."
Please refer to the Form 8-K filed on April 17, 2014 for additional information regarding the transaction.
Poly Shield Technologies Inc. will continue updating the public on all of its technology developments as they progress through installation and testing to certification.
About Poly Shield Technologies Inc.:
Poly Shield Technologies Inc. develops and markets environmental, pollution emissions, energy saving, corrosion and durability solutions to a worldwide market.
Poly Shield Technologies Inc.'s proprietary DSOX-15 Fuel Purification System is a cost-effective technology designed to remove sulfur from fuel in an effort to meet the upcoming sulfur emissions regulations due to take effect in 2015. The technology is currently aimed at the maritime industry which includes vessels for cruise-line, freight shipping and tanker companies and can be installed during normal vessel operation without the need to use expensive dry dock time. The technology has a worldwide application that is not limited to the maritime industry.
On behalf of the Board of Directors, Brad Eckenweiler, CEO
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SOURCE Poly Shield Technologies Inc.