Following a great deal of promising news in recent weeks, US Energy Initiatives Corporation (OTCBB: HYFS) annouced the development of an agreement with Autogas (Thailand) Ltd. registered in Thailand as (Greengas NGV), under which USEIC will deliver 1,500 Dual Fuel Systems and Autogas will be awarded the rights to distribute USEIC's patented dual-fuel technology in Thailand.

This contract represents a significant opportunity for USEIC and could pave the way for a number of additional large-scale contracts in the near future. Stay tuned for more updates.

Read USEIC Press Release