- Site Will Provide Natural Gas to Approximately 3,000 Vehicles in
      Province of Isabela

    - First Step Toward Planned Conversion of 500,000 Philippine Tricycle
      Vehicles

    - CNG Lite(TM) Enables Monetization of Otherwise Unusable Natural Gas
      Resources

    - Filipino Government Endorses Energtek's Conversion Initiative

Energtek Inc. (OTCBB: EGTK), a world leader in the development of Adsorbed Natural Gas (ANG) technology, officially inaugurated the San Antonio Gas Well as the Company's first CNG Lite(TM) compression station in the Philippines, during an onsite ceremony Friday in the province of Isabela.

Energtek intends to convert approximately 3,000 three-wheel vehicles (tricycles) in Isabela to operate on Natural Gas extracted from the San Antonio well using proprietary CNG Lite(TM) low-pressure conversion technology. Energtek entered into a contract in July with the Philippines National Oil Company - Exploration Company (PNOC-EC) for rights to gas extracted from the site. Since the signing of the contract, several converted tricycles have already been operating optimally on natural gas extracted from the well. Energtek intends to start converting additional vehicles during September.

The San Antonio Project is the first of Energtek's phased plan to convert as many tricycles as possible in the Philippines. The Company aims to convert at least 500,000 tricycles over the next three to four years.

The inauguration was attended by PNOC-EC Chairman Rafael Del Pilar, Undersecretaries of Energy Ramon G. Santos, Mariano S. Salazar, and Ramon Allan Oca in addition to several local public officials. The ceremony also decommissioned the San Antonio Gas Power Plant which had operated on the site since 1994, and could no longer meet local growing electricity demand.

"The Department of Energy is eager to see most, if not all of the three million tricycles on the road in the Philippines converted to cleaner and cheaper fuel alternatives. It is our intention to support these conversion initiatives whenever possible," said Undersecretary Santos. "Energtek is not only offering Filipino drivers a cheaper and cleaner way to fuel their tricycles, but is also helping our country make the best use of our national natural gas resources-particularly stranded gas-within the transportation sector. Together with Energtek, we are hopeful that the Philippines will become an international model for alternative fuel among small vehicles. With the full support of Filipino President Hon. Gloria Macapagal-Arroyo and Secretary of Energy Hon. Angelo Reyes, we look forward to working together with Energtek to fulfill our conversion objective."

The San Antonio site is a stranded gas well, meaning that its natural gas reserves are not connected to a distribution pipeline network. Stranded gases such as those in San Antonio often remain completely unutilized due to difficulties in transportation and delivery of the gas to final consumers. Over one-third of all proven natural gas reserves worldwide remain stranded due to the challenges of building pipelines. Energtek's proprietary low-pressure gas transportation and storage solutions enable the local monetization of stranded gases.

"Energtek is proud to inaugurate our first CNG Lite(TM) facility in the Philippines," said Energtek CEO Lev Zaidenberg. "The Natural Gas extracted from this stranded gas well will be supplied to drivers for a fraction of the price of equivalent gasoline, providing a substantial improvement in local quality of life. Furthermore, we are utilizing an otherwise unusable local resource for the community, which will cut down on oil imports. We look forward to the ongoing commercial success of this facility and to establishing additional and larger facilities in the Philippines and throughout Southeast Asia in the coming months."

About Energtek

Energtek develops and applies proprietary ANG technology to provide complete well-to-wheel pipeless Natural Gas supply solutions to fleets of small vehicles and industrial consumers. Energtek's Natural Gas solutions reduce pollution and alleviate consumer energy costs. Energtek provides a profitable alternative motor fuel solution for the large market of low-income 2- and 3-wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about the benefits of ANG Technology, visit http://www.energtek.com.

About CNG Lite(TM)

Energtek's CNG Lite(TM) motor fuel supply solution for small vehicles, powered by the principles of Adsorbed Natural Gas technology, utilizes significantly lower pressure than standard high-pressure CNG and greatly reduces filling infrastructure costs. CNG Lite(TM) enables the delivery of natural gas to large numbers of vehicles without the use of pipelines or an extensive refueling station network, and drastically reduces harmful vehicle emissions.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E 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 and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in Energtek's SEC filings. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.



    Contact:

    Alex Traiman,
    +1(212)-999-6202,
    IR@energtek.com

SOURCE Energtek Inc.