Energtek Reports Further Fundraising Success

NEW YORK, July 16, 2014 /PRNewswire/ -- Energtek Inc. (OTC BB: EGTK), a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, confirmed today that over one and a half million dollars were invested by private individuals during the first six months of 2014, who bought a mix of bonds and equity in the company.  Additionally, Energtek's management has been meeting with several institutional investors, in an effort to raise a significant amount of capital to fund its U.S. operations.  Negotiations have begun with two firms regarding an equity investment into Energtek Inc.'s wholly-owned subsidiary: Energtek USA Inc.

"We have been successful in achieving financing from several investors, who have bought bonds and shares of our company Energtek Inc.," said Energtek's Treasurer Mr. Michael Greenfield.  "I am also very pleased to see the performance of the company reflected in the price of our shares, which has risen steadily during the last quarter to the benefit of our shareholders."

"We look forward to further negotiations with several institutional investors regarding investment in our subsidiary Energtek USA.  This would enable management to implement its plans for mobile natural gas transport operations to begin this winter, and to expand tremendously in 2015."

About Energtek  
Energtek develops and applies innovative mobile transportation solutions for industrial consumers and fleets of small vehicles.  Energtek operates subsidiaries in North America, Europe and Asia. 

To learn more about Energtek, visit the newly revamped website: www.energtek.com

Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended.  All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies.  Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions.  In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings.  These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Contacts:
Investor Relations
[email protected] 
(212) 999.6202

SOURCE Energtek Inc.