Legends Business Group Enters Into Research State of the Development of a Device Capable of Amplifying the Electrical Output of
April 07 2011 - 8:30AM
Legends Business Group (Pink Sheet:LGBS) today announced they have
entered the research stage of development of a device capable of
amplifying the electrical output of solar panels.
According to Legends President, Rolando Sablon, the output
produced by traditional silicon based solar panels has mostly
reached its practical maximum and the need for an external device
that can extend that power would be of great benefit to our
cause.
"At this point, we have expectations that at least 10 to 20
percent more output can be harnessed from a standard panel," said
Sablon. "This would mean that a standard solar panel could start
producing power earlier in the day and extend its production longer
into the end of the day."
Sablon said if successful, this could be a major breakthrough in
the ability to harness solar power.
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006,
and is a publicly traded company. The company has recently
refocused its purpose and has moved itself into the alternative and
exotic energy marketplace. For more information please visit:
http://www.legendspower.com
Safe Harbor Statement
This report includes forward-looking statements covered by the
Private Securities Litigation Reform Act of 1995. Because
such statements deal with future events, they are subject to
various risks and uncertainties and actual results for the fiscal
year and beyond could differ materially from the Company's current
expectations. Forward-looking statements are identified by words
such as "anticipates," "projects," "expects," "plans," "intends,"
"believes," "estimates," "targets," and other similar expressions
that indicate trends and future events. Factors that could cause
the Company's results to differ materially from those expressed in
forward-looking statements include, without limitation, variation
in demand and acceptance of the Company's products and services,
the frequency, magnitude and timing of paper and other
raw-material-price changes, general business and economic
conditions beyond the Company's control, timing of the completion
and integration of acquisitions, the consequences of competitive
factors in the marketplace, cost-containment strategies, and the
Company's success in attracting and retaining key personnel.
Additional information concerning factors that could cause actual
results to differ materially from those projected is contained in
the Company's filings. The Company undertakes no obligation to
revise or update forward-looking statements as a result of new
information since these statements may no longer be accurate or
timely.
CONTACT: Investor Relations:
Dave Donlin
Phone: 407-299-2377
Email: dave@thecervellegroup.com
Public Relations:
Peter Nasca
Phone: 954-473-0677
Email: pnasca@pnapr.com
Corporate
Rolando Sablon
Phone: 305-767-7993
Email: info@legendspower.com
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