Liberated Energy Acquires EcoCab Portland, LLC
October 26 2016 - 10:19AM
InvestorsHub NewsWire
SOUTHAMPTON, NJ -- October 26, 2016 -- Liberated Energy
Inc. (OTC
PINK: LIBE) is pleased to announce today that it has
acquired EcoCab Portland, LLC. The company is now
a fully owned subsidiary of Liberated Energy.
EcoCab is the nation’s first employee-only zero emission taxi
company using luxury Teslas in Portland Oregon.
This is a modern, clean energy company that is strategically
positioned between taxi and town car for a new era of customer
expectation. In the vein of Uber, Lyft, Gett,
EcoCab utilizes a mobile smart phone application for on-demand
service. Unlike the others, they specialize in non-emergency
medical transportation.
Non-emergency medical transportation is essential for disadvantaged
Medicaid recipients, those who are older, or have disabilities or
low incomes who have no transportation to access healthcare
services. Per the Journal of the American Medical
Association, approximately 3.6 million Americans miss medical
appointments each year because of transportation problems.
Currently, Medicaid pays as much as $3 billion a year for
non-emergency medical transportation, not including insurance
programs which raises that the potential market substantially.
“The traditional health care transportation model is severely
outdated, “stated Ron Knori, CEO of EcoCab. “We are currently in
discussions to launch the EcoCab brand across the United States,
utilizing our luxury electric zero emission vehicles with drivers
delivering 5-Star hospitality experiences while also reinventing
the medical transportation model to provide transportation to
millions of seniors and retiring baby boomers who require caring
respectful transportation. Miami, Toledo, and Phoenix are on our
immediate horizon.” Continued Mr. Knori. Brian Conway, CEO stated
“EcoCab is incredibly relevant in today’s market and goes along
with our focus of reducing the carbon footprint on our planet. It’s
a simple model, more cars equal more revenue, more cities”
About Liberated Energy
Inc.
Liberated Energy Inc. is a diversified energy services holding
company delivering conventional as well as non-conventional energy
solutions throughout North America. For its customers, Liberated is
an energy products and services company reducing the everyday cost
of energy to its clients. For its shareholders, Liberated operates
and acquires a diverse array of energy products and service
companies with proven revenues and operations. Its mission is to be
the best small cap energy services company of its kind in North
America.
Safe Harbor for Forward-Looking
Statements: This press release may contain
forward-looking information. There are many factors that could
cause the Company's expectations and beliefs about its operations,
its services and service offerings, its results to fail to
materialize. All forward-looking statements in this press release
are based on information available to us as of the date hereof, and
we assume no obligation to update these forward-looking
statements.
Contact:
Brian Conway
CEO
Liberated Energy Inc.
Phone: (845) 610-3817
http://liberatedenergyinc.com