Poly Shield Technologies Inc.
OTCBB : SHPR

Poly Shield Technologies Inc.

July 03, 2013 09:30 ET

Poly Shield Technologies Inc. Schedules Multiple Ship Surveys for DSOX-15 Fuel Scrubber Installations

BOCA RATON, FLORIDA--(Marketwired - July 3, 2013) - Poly Shield Technologies Inc. ("Poly Shield") (OTCBB:SHPR) has received multiple requests for ship installation surveys for its DSOX-15 Fuel Scrubber. The PST-DSOX Fuel Scrubber System represents the latest solution in the battle to reduce exhaust emissions in the maritime industry. It also affords a substantial reduction in the cost of meeting the new exhaust emission regulations scheduled to take effect in 2015. After receiving the survey requests, Mr. Norling commented, "I was very encouraged by the response to our latest technology presentations. The survey requests represent the first step in the DNV and Lloyd's Register testing and certification processes."

DNV (Det Norske Veritas) is one of the world's leading classification societies. DNV assists customers within the maritime industry to manage their risk in all phases of a ship's life, through ship classification, fuel testing and a range of technical business risk, environmental and competency-related services.

The Lloyd's Register Group is a maritime classification society and independent risk management organization providing risk assessment and mitigation services and management systems certification. Historically, as Lloyd's Register of Shipping, it was a specifically maritime organization. During the late 20th century, it diversified into other industries including oil and gas, process industries, nuclear, and rail. Through its 100% subsidiary Lloyd's Register Quality Assurance Ltd (LRQA), it is also a major vendor of management system quality certification to ISO9001, ISO14001 and OSHAS18001.

Poly Shield Technologies will continue updating the public on the PST-DSOX-15 project as it progresses through testing to certification.

About Poly Shield Technologies Inc.:

Poly Shield markets environmental, pollution emissions, energy saving, corrosion and durability solutions to a worldwide market.

Poly Shield's desalination bio-scrubber is a patent pending (in US and Europe), cost-effective technology designed to remove alkali metals from fuel in an effort to protect gas turbines from high temperature corrosion. The technology has proven significant cost savings and extended operational life results in the cruise line industry. The technology has a worldwide application that is not limited to the maritime industry and can be installed during normal vessel operation without the need to use expensive dry dock time.

Poly Shield's fluoropolymer coatings are formulated specifically for extreme durability reduced maintenance and enhanced aesthetics. They were tested and are in use in a number of different industries including marine, aerospace, oilfield, industrial, commercial, and residential applications, in addition to its anti-corrosion products.

For further information about Poly Shield Technologies Inc. please visit the company's website at www.polyshieldtechnologies.com.

On behalf of the Board of Directors

Rasmus Norling, Director and CEO

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that Poly Shield Technologies Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in Poly Shield Technologies Inc.'s Quarterly and Annual Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of Poly Shield Technologies Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Poly Shield Technologies Inc.'s forward-looking statements. Except as required by law, Poly Shield Technologies Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Poly Shield Technologies Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.

Contact Information