Boca Raton, July 24, 2013 (GLOBE NEWSWIRE) -- Boca Raton, Florida, July 24, 2013 - Poly Shield TechnologiesInc. ("Poly Shield")(OTCBB:SHPR) announces the signing of anInstallation agreement with LMS Shipmanagement Inc. a wholly ownedsubsidiary of International Shipholdings Corp., ISH NYSE. TheAgreement will focus, initially, on a two vessel installation andcertification of its newly developed DSOX-15 Fuel PurificationSystem. The agreement will also allow for DSOX-15 systeminstallations on up to an additional 40 ships. The DSOX-15system, with its new approach to sulfur removal, is expected tocomply with the new emission regulations set to take effect inJanuary 2015. CEO, Rasmus Norling, commented, "ThisDevelopment Agreement with LMS is a significant step forward inachieving our Company's business goals and allowing Poly ShieldTechnologies Inc. to demonstrate it's DSOX-15 Fuel PurificationSystem's capabilities in a real world environment." The Company intends to update the public on the installation andcertification milestones of the DSOX-15 Fuel Purification System aswe progress through the development process to compliancecertification. About Poly Shield Technologies Inc.: Poly Shield markets environmental, pollution emissions, energysaving, corrosion and durability solutions to a worldwidemarket. Poly Shield's proprietary DSOX-15 Fuel Purification Systemis a cost-effective technology designed toremove sulfur from fuel in an effort to meet theupcoming sulfur emissions regulations due to take effect in 2015.The technology is directly aimed at the maritime industrywhich includes vessels for criuse-line, freight shipping andtanker companies and can be installed during normalvessel operation without the need to use expensive dry dock time.The technology has a worldwide application that is not limited tothe maritime industry. The Poly Shield's Fluoropolymer coatings areformulated specifically for extreme durability reduced maintenanceand enhanced aesthetics. They were tested and are in use in anumber of different industries including marine, aerospace, oilfield, industrial, commercial, and residentialapplications.
For further information about Poly Shield Technologies Inc.please visit the company's website at http://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 andassumptions and are identified by words such as "expects","intends", "estimates", "projects", "anticipates", "believes","could", and other similar words. All statements addressing productperformance, events, or developments that Poly Shield TechnologiesInc. expects or anticipates will occur in the future areforward-looking statements. Because the statements areforward-looking, they should be evaluated in light of importantrisk factors and uncertainties, some of which are described in PolyShield Technologies Inc.'s Quarterly and Annual Reports filed withthe United States Securities and Exchange Commission (the "SEC").Should one or more of these risks or uncertainties materialize, orshould any of Poly Shield Technologies Inc.'s underlyingassumptions prove incorrect, actual results may vary materiallyfrom those currently anticipated. In addition, undue relianceshould not be placed on Poly Shield Technologies Inc.'sforward-looking statements. Except as required by law, Poly ShieldTechnologies Inc. disclaims any obligation to update or publiclyannounce any revisions to any of the forward-looking statementscontained in this press release. There can be no assurance thatsuch statements will prove to be accurate and actual results andfuture events could differ materially from those anticipated insuch statements. No stock exchange, securities commission or otherregulatory body has reviewed nor accepts responsibility for theadequacy or accuracy of this release. Investors are advised tocarefully review the reports and documents that Poly ShieldTechnologies Inc. files from time to time with the SEC, includingits Annual, Quarterly and Current Reports. SOURCE Poly Shield Technologies Inc.
CONTACT: Contact: Poly Shield Technologies Inc. email@example.com www.polyshieldtechnologies.com