Intrepid-Press-Release-FLIBS-9-23-14

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2501 Schieffelin Road
Suite 102
Apex, NC 27502
919-238-3427
For Immediate Release:
Intrepid debuts first hybrid Natural Gas boat featuring Blue Gas Marine
technology at Fort Lauderdale International Boat Show
September 23, 2014—Intrepid Powerboats offers the first hybrid yacht from factory powered by Natural Gas,
featuring fuel-system technology from Blue Gas Marine, Inc. to power its outboard motors. The Intrepid 327
Center Console boat will be on display at the Fort Lauderdale International Boat show in October. The
BlueGas Natural Gas Hybrid is the first technology of its kind and it was developed by Blue Gas Marine, Inc.,
which is based in Apex, NC.
Boats equipped with Blue Gas Marine natural gas hybrid fuel-systems can operate on natural gas or as a hybrid
that carries natural gas and a traditional fuel like gasoline. This system allows a boat operator to switch between
the two fuels on-demand and at any speed with the press of a button. This technology provides tremendous
value to boaters everywhere since operating on Natural Gas is 50% to 70% less expensive than gasoline and its
performance is the same or better than gasoline’s. Blue Gas Marine, Inc. is now developing a network to
distribute the natural gas fuel to boaters ensuring the fuel is readily available to those making the change.
Boaters can even fill-up at home or from any building equipped with Natural Gas.
Intrepid is a semi-custom powerboat builder that began in 1983 and builds about 12 different models from 2447 feet. Every boat built is presold and designed a la carte per customer to their needs. Intrepid is considered the
highest quality and most innovative outboard boat builder in the world and is eager to once again be the first in
this innovative project with partners at Blue Gas Marine. Customers can now order factory ready boats
featuring Blue Gas Marine, natural gas hybrid fuel systems.
“I am very excited about the possibilities that a project like this brings by being able to bring such a clean
energy to a recreational industry that makes its living from a natural resource like water.” Ken Clinton,
President, Intrepid Powerboats, said.
The Blue Gas Marine natural gas hybrid fuel system is designed to be installed on existing or new outboards,
inboards and generator engines and uses natural gas in the compressed (CNG) or liquefied (LNG) forms. The
company markets its hybrid fuel-systems and natural gas fuel to frequent boat operators such as commercial
fishermen, charter boats, ferries, tugs, large ships, the military and recreational users.
There are many benefits to boaters moving to this new technology. Boaters can save more than 50% on fuel
immediately by making the change. On boats that have a 230 gallon tank like the Intrepid 327 it currently costs
about $1150 to fill-up, based on $5 gasoline, with natural gas the cost is only about $345 when filled at home or
$575 when filled at most public CNG Gas Stations and Marinas offering the fuel. These savings have a direct
impact on high-fuel-usage boaters, many of whom rely on their boat for business. The fuel savings cover the
cost of the fuel system in under one year, for most frequent boaters.
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Intrepid debuts first hybrid Natural Gas boat featuring Blue Gas Marine technology at
Fort Lauderdale International Boat Show page 2 of 2
The new BlueGas Natural Gas Hybrid fuel system is an excellent option for boaters trying to avoid gasoline
with ethanol, now that most gasoline blends have at least 10% ethanol added, which is detrimental to marine
engines. The performance of natural gas on a boat is the same or better than with its original fuel, with the
added benefit that natural gas emissions are 90% cleaner (green alternative fuel) than diesel and 70% cleaner
than gasoline and do not produce any exhaust odor or smoke. Additionally, this innovation will also positively
impact boaters and the marine industry in general by meeting and exceeding the regulatory requirements of
upcoming emissions law, for certain displacement-size engines ahead of the stringent regulations coming into
effect in 2015 and 2016, which require cleaner operations.
Miguel Guerreiro, Blue Gas Marine CEO and Founder, said, “We are glad to partner with such an innovative
company like Intrepid Powerboats. They like to lead the market in innovation and we are trail blazing with new
technology, which will revolutionize boating. It is a great partnership and one that I know boaters will be
excited about. Boaters can do more of what they love and save money in the process by getting the most
affordable and cleanest fuel alternative than any other on the market today.”
Blue Gas Marine is now taking orders for the new natural gas hybrid fuel system and dedicated natural gas
systems and expanding throughout 2014. The company is continuing to partner with Marine Service Centers to
perform used-boat installations, boat manufacturers for new boat installations, marinas and individual boaters
for fuel dispenser installations. Interested investors and customers can learn more at BlueGasMarine.com and
through its Facebook and Linked-In pages. The partnership and model boat will be on-show case at the three
largest boat shows in the world starting with Fort Lauderdale International Boat Show October 30 –November 3
2014, Miami International Boat Show February 12-16, 2015 and Palm Beach International Boat Show March
26-29, 2015. To order new Intrepid hybrid boats, customers should contact Intrepid Powerboats directly.
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Contact: Carrie Guerreiro, Director of Corporate Administration
Email: carrie@bluegasmarine.com
Phone: 919-238-3427
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