Offsetters signs Memorandum of Understanding with Cealtec

Jan. 11, 2012 - PRLog -- Jan. 11, 2012, Vancouver, B.C. – A recently signed Memorandum of Understanding (MoU) between Offsetters and Cealtec Products Inc. of Richmond, B.C. means good things might be in the future for those looking to save at the pump.

Outlined in the MoU, Offsetters, a Vancouver-based carbon management solutions provider, agrees to support CealTec in taking CealDoctor™ to the North American marketplace. CealDoctor™ is a line of Korean-innovated nano products that use nickel and copper nanoparticles to improve the performance of many fossil fuel-powered engines, from standard vehicles to heavy-duty equipment and marine vessels, leading to lowered fuel consumption and, in turn, lowered greenhouse gas emissions.
“Although we’re still at a preliminary exploration stage with CealTec, I’m impressed with CealDoctor’s potential and how this product might benefit fleet operations, consumers and the environment,” said James Tansey, CEO of Offsetters. “Over the next few months, I look forward to introducing CealDoctor to several of our clients in order to test the product’s efficiency and exploring the possibility for future offset development and distribution.”

“The signing of this Memorandum of Understanding with Offsetters is great for the CealDoctor™ product line,” said Barry Good, president and CEO of CealTec. We’re poised to make important connections and receive vital opportunities to further test and distribute the product in the North American marketplace – a huge coup.”
Independent test results indicate that CealDoctor™ reduces engine smoke exhaust (between 30 and 40 per cent), effectively reducing engine emissions, improves power (between 5 and 15 per cent) and improves fuel economy (between 5 and 15 per cent). In addition, the product appears to reduce engine noise, vibration and oil consumption while reducing maintenance costs and extending engine lifespan, particularly in older-model vehicles.

“With every significant milestone reached by Offsetters, I always think back to our early days and to those who helped and believed in the business before anyone else,” said Tansey. “Coming full circle and having the ability to lend other innovative businesses a hand, sharing project development experience and funding, is such a great sense of accomplishment.”
For more information on Offsetters’ worldwide partnerships and projects, visit www.offsetters.ca or email projects@offsetters.ca. To learn more about CealTec or the CealDoctor™ product, visit www.cealtec.com or www.cealdoctor.com .

About Offsetters

Offsetter’s is Canada’s leading carbon management solutions provider, based in Vancouver, BC. Founded in 2005, the company helps organizations and individuals understand, reduce, and offset their climate impact. Offsetter’s was the first official supplier of carbon offsets in the history of the Olympic movement (Vancouver 2010 Olympic and Paralympic Winter Games). Offsetter’s is proud to assist leading organizations manage their carbon footprints including Harbour Air, Vancity, and Aimia (formerly Groupe Aeroplan). For more information and a full list of all of Offsetter’s clients and achievements, visit www.offsetters.ca .

Media Contacts:
Alison Murphy, Offsetters: 604-699-2672 or alison.murphy@offsetters.ca
Deirdre Campbell, Tartan Group: 250-592-3838, 250-882-9199 (cell) or deirdre@tartangroup.ca

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About Cealtec

Cealtec Products Inc., based in Richmond, BC, is the exclusive worldwide distributor and manufacturer for CealDoctor™ Self-healing Engine Treatments that are based on advanced and revolutionary nanotechnology. CealDoctor’s advanced healing technology extends the lifecycle of fossil-fueled engines and significantly improves the performance of engines and power plants, reducing emissions, smoke, noise and vibration, fuel consumption and maintenance costs, and increasing compression, power and performance. For more information, visit www.cealtec.com or www.cealdoctor.com .