Legends Business Group Announces Sales Agreement With Green World Electric Co., Ltd. for Power Jack Products
April 05 2011 - 8:30AM
Legends Business Group (Pink Sheets:LGBS), today announced that
Legends Power has agreed with Taiwan-based Green World Electric
Co., Ltd. to distribute energy transfer products manufactured by
Power Jack Electric Co.
Legends Power expects to include several of these very efficient
Grid-Tie Power inverters in their recently announced alternative
energy do-it-yourself (DIY) home kits. A grid-tie inverter or a
(GTI) is a special type of Inverter (electrical) that is used in a
renewable energy power system to convert direct current into
alternating current and feed it into the utility grid.
"We have been searching for just the right components for our
kits and have found that these are one the easiest to install
devices on the market today," said Rolando Sablon, president of
Legends Power. "Connecting external power generating devices to an
existing structures' wiring is usually the trickiest and most
dangerous component for a DIY installer. Using the Power Jack
units, this facet of the build simply and quickly becomes the
easiest."
The company recently announced it had begun to develop an
affordable, alternative energy do-it-yourself (DIY) home kit.
Sablon said research is currently in the works and Legends Power
will have a choice of residential and small business DIY kits
available soon. Interested parties should stay in close
contact with the company's website for more information.
www.legendspower.com
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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