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.Energtek Subsidiary Signs Gas Supply Contract With Industrial Energy Consumer in Serbia

Project Will Display Commercial Viability of Energtek's Bulk-transportation Solutions

NEW YORK, November 8, 2010 /PRNewswire-FirstCall/ -- Energtek Inc., EGTK OTCPK a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, today announced that its recently formed subsidiary, Pan Energy d.o.o., has signed a gas supply contract with an industrial energy consumer in Northern Belgrade, Serbia.

Natural gas will be transported from a filling station by Pan Energy to a local dairy factory. The contract provides for the ongoing supply of natural gas, utilizing Energtek's cost-effective and environmentally-friendly mobile transportation solutions. The transportation project will help test the local technological, organizational and regulatory components of the supply system in Serbia.

"Pan Energy's first customer in Serbia will demonstrate the effectiveness of Energtek's bulk transportation natural gas solutions," said Energtek CEO Lev Zaidenberg. "Our mobile solutions enable the delivery of a viable and affordable alternative energy source. With the success of this pilot project, we anticipate growing regional demand for natural gas supplied by Pan Energy."

About Energtek

Energtek develops and applies innovative low-pressure storage technology and expertise to provide complete well-to-wheel pipeless Natural Gas supply solutions to industrial consumers and fleets of small vehicles. Energtek's Natural Gas solutions reduce pollution and alleviate consumer energy costs. Energtek provides competitive bulk transportation solutions to industrial users and alternative motor fuel solutions for 2- and 3-wheel vehicle drivers in Asia. Energtek operates subsidiaries in North America, Europe, Asia and the Middle East. To learn more about Energtek, visit http://www.energtek.com

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