2017 Letter to Shareholders From the Chairman, President and CEO
September 18 2017 - 9:00AM
Marketwired
2017 Letter to Shareholders From the Chairman, President and
CEO
BOCA RATON, FL-(Marketwired - Sep 18, 2017) - EXOlifestyle, Inc.
(OTCQB: EXOL)
Dear Valued Shareholder,
Thanks to the investments of shareholders like you, Sun Pacific
is growing into a strong and diverse company concentrating on
energy and street furniture and advertising. We have already
initiated delivering quality products and our services to
residential and commercial businesses in New Jersey, Pennsylvania,
New York, Rhode Island and Florida.
Sun Pacific Power has a proven track record. This year, August,
2017 has become a diversified publicly traded holding company, "Sun
Pacific Holding Corp" to encompass all of its subsidiaries Sun
Pacific Power Corp, Street Smart Outdoor Corp, Bella Electrical
LLC, National Mechanical Corp, Sun Pacific Security Corp. From the
beginning we have continued to build upon our management`s
knowledge and experience. To continue to build on our mission
towards the future we have added William Singer, a seasoned
entrepreneur with public markets experience, to our team as its new
President. We have focused on our primary mission which is serving
our customers and now serving our shareholders. We do that by
providing quality service and equipment, working to keep customers
satisfied, and by doing our part in protecting the environment with
smart green technology.
A YEAR OF PROGRESS
In 2016, the company successfully overcame a number of
challenges to achieve significant progress, building on the
momentum we have established in recent years. At Sun Pacific Power,
the most important accomplishment was obtaining final design of our
Smart Solar Bus Shelter, which we started deploying in Sayreville
and Howell NJ. It is the most cost-effective path forward and the
best option for our customers, providing LED lighting for increased
visibility and security as well as other technological additions
not previously available. It will also benefit the entire state by
supporting economic stability and providing meaningful
environmental improvements. Sun Pacific also continued to build on
its positive financial momentum. The company received additional
capital to add additional street furniture in Tallahassee Florida
and New Jersey.
FOCUS ON CUSTOMERS
We at the company are committed in putting our customers first
in everything we do, and I'm proud to say that our efforts are
providing these results. Our customers tell us that they value our
reliability above all else, and we take that responsibility very
seriously. In 2016, Sun Pacific Power was able to add several
additional contracts both on street furniture, advertising and for
our Electrical/Construction division. Putting our customers first
is the right thing to do, whether we're talking about homes or
businesses, or advertising for our end users. It builds trust, it
makes the company stronger, and it supports other important efforts
including helping the communities we serve in meaningful ways and
building sustainable value for you, our shareholders.
PROTECTING THE ENVIRONMENT
Sun Pacific and its subsidiaries are dedicated to being
responsible stewards of the environment and are consistently
improving sustainability efforts, while at the same time fulfilling
the core responsibility of delivering reliable and affordable
service to customers.
In 2016, Sun Pacific Power expanded its use of renewable
resources, adding our LED lighting service as well as improving our
non-glass solar panel design and proprietary process. Sun pacific
Powers use of renewable energy provides the additional benefit of
reducing power consumption from our new bus shelter design. The
company's robust energy conservation and efficiency programs are
helping customers reduce energy. By also adding solar we allow our
bus shelters to qualify for a federal tax credit of 30% for
utilizing solar power.
A BRIGHT FUTURE
Looking to the future, we are excited about the opportunities
ahead and confident that by continuing to execute on our plan, we
will build upon the significant progress we have made to date.
Our outdoor advertising unit Street Smart Outdoor hired Tricia
Roman as President of this division Mrs. Roman has remarkable
knowledge base and a history in street furniture and advertising.
With her help we will continue to grow revenue and expand our
customer base.
We have also been able to respond to RFP`s for additional states
and municipalities with an opportunity to acquire more revenue
channels.
We remain focused on our core business of delivering reliable,
affordable and environmentally responsible service and products.
The company will continue to invest in essential capital projects
to meet the evolving customer demand and take advantage of
developing technology, such as renewable energy, outdoor
advertising, and distribution.
We are also well prepared to meet the challenges we face in a
rapidly evolving business and regulatory environment. The company
is working to strengthen relationships with stakeholders and
finding new ways to collaborate to find constructive solutions to
mutual needs and concerns. These relationships are critical in
helping to secure acquisitions and expansion in current and new
states. At the same time, we continue to responsibly manage
operations and control costs, while consistently improving customer
service and supporting our communities. Collectively, we are
planning on additional expansion in other communities for our
street furniture division as well as increasing revenues in our
current electrical division. Our success to date is the result of
the hard work of our dedicated and skilled Sun Pacific employees.
They truly make this a great company, and one which I am genuinely
proud to lead.
Thank you for your trust and continued confidence in Sun Pacific
Power
Sincerely, Nicholas B Campanella Chairman, President, and
CEO
For more information on Sun Pacific Power Corp. visit
www.sunpacificpower.com.
Safe Harbor and Forward-Looking Statements This news release
contains statements that involve expectations, plans or intentions
(such as those relating to future expansion or financial results)
and other factors discussed from time to time in the Company's OTC
Markets filings. These statements are forward-looking and are
subject to risks and uncertainties, so actual results may vary
materially. You can identify these forward-looking statements by
words such as "may," "should," "expect," "anticipate," "believe,"
"estimate," "intend," "plan" and other similar expressions. Our
actual results could differ materially from those anticipated in
these forward-looking statements as a result of certain factors not
within the control of the company. The company cautions readers not
to place undue reliance on any such forward-looking statements,
which speak only as of the date made. The company disclaims any
obligation subsequently to revise any forward-looking statements to
reflect events or circumstances after the date of such statements
or to reflect the occurrence of anticipated or unanticipated
events.
Contact Information
Corporate Relations David Kugelman Atlanta Capital Partners, LLC
(404) 856-9157 (866) 692-6847 Toll Free - U.S. & Canada
ir@sunpacificpower.com