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ANGELES, Calif.—(Business Wire) — April 14, 2005
Engine
Clean Technology, Inc. Announces Sale of Assets to Investor Group
Engine
Clean Technology, Inc. (ECT) announced today that it has signed an
agreement to sell its assets to a private investment group headed by
Robert A. Doty who assumes the role of president.
Robert L. Fisher has been retained as director of
international sales.
Doty
succeeds Robert E. Flynn, who will retire by the end of 2005.
Flynn will remain with the company for 6 months to
facilitate the transition.
Doty
has 25 years prior experience in automotive aftermarket equipment
sales and distribution in North American. During the past 8 years he
has assisted several international companies and Asian governments
on programs to control emissions from diesel and gasoline engines
Fisher
is the founder and president of ETCO, Inc., an international trading
and consulting company which specializes in the export of automotive
emission control equipment and technology.
The
new management team will focus on expanding the domestic and
international customer base as well as new product design and
development.
Baldwin
Park, CA based Engine Clean Technology, Inc. designs and
manufactures patented automotive fluid transfer machines, engine
system flushing equipment and proprietary cleaning solutions.
ECT builds under private label for name brand clients and
sells through direct distribution under the ECT logo.
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