Alkane to Distribute Monster Diesel in South Korea
Alkane, Inc. (Pinksheets:ALKN) is pleased to announce that it has entered into an agreement to distribute Monster Diesel™ in South Korea. The agreement grants Mervita, LLC. exclusive distribution rights of Monster Diesel™ in South Korea for five years. As part of the agreement, Mervita, LLC. has committed to purchase a minimum of $11.5 million of Monster Diesel™ over the next five years. They have initially purchased $50,000 of Monster Diesel™, which is scheduled to ship to Mervita, LLC. by the end of December.
Mervita, LLC. tested Monster Diesel™ on 100 diesel vehicles in South Korea and noted results of an average of 9% increase in fuel mileage. Monster Diesel™ decreases total emissions by 23%, reduces raw hydrocarbons by 10.2% with a 38% reduction of soot, altering common diesel air pollution into a more environmentally friendlier diesel.
Mervita, LLC. becoming the first international distributor of Monster Diesel™ is happening at the perfect time. This past weekend, President Obama announced a newly sealed trade deal with South Korea as a landmark agreement that promises to boost the domestic auto industry, the largest since the North American Free Trade Agreement with Canada and Mexico in 1994.
With a population of 33 million, South Korea is a prime location to internationally launch the Diesel Fuel Additive Monster Diesel™. South Korea is a gateway to Japan, the World’s second largest economy, and three out of four of the rapid growing BRIC countries.
"We have very strong confidence that Monster Diesel will be a success in Korea due to both its environmental and economic benefits. We look forward to cooperating with Alkane to advance the technology and its marketability in Korea through further testing and business development," said Dr. Haengwoo Lee, Ph.D. CEO of Mervita, LLC.
Dr. Mathew Zuckerman, Ph.D., President and CEO of Alkane, Inc. said, “Our plan for Monster Diesel™ has always been to expand distribution internationally, and we are proud to accomplish entry into international markets ahead of schedule.”
to make a million bucks over night" 
