Dallas, TX -- December 14, 2017 -- InvestorsHub Newswire --
Zenergy Brands, Inc. (OTCQB: ZNGY), the nation’s leading
next-generation utility, announced today that it is now commencing
the installation of its fourth Zero Cost project, which will be
taking place at a large correctional facility located in Okmulgee
County, Oklahoma. This project encompasses a comprehensive energy
retrofit and smart controls solution engineered by the Zenergy
team. The project’s technologies will result in a reduction in
electricity, natural gas, and water consumption, all courtesy of
the Company’s trademarked Zero Cost Program™, at no upfront
out-of-pocket cost to the county.
Zenergy has been actively conducting energy audits, site
surveys, and developing business with clients that cover a broad
range of industries such as corrections, hospitality, retail, and
municipalities. It is equally important to note that each Zenergy
customer represents a seven-year revenue stream with a high
probability of renewal. Zenergy believes that its
Sustainability-as-a-Service business model will help fulfill its
mission of creating a portfolio of customers for
life while also significantly reducing the demand on the
nation’s energy grid and water supply.
Zenergy also recently completed an S-1 registration with the
U.S. Securities and Exchange Commission (SEC), which gives the
Company access to an equity line of credit. The company plans to
utilize this facility to implement its business plan. We invite the
public to review this filing and learn more about our business
strategy at our corporate website (www.zenergybrands.com).
Zenergy believes it is getting closer to securing a long-term
and scalable project-financing solution for its Zero Cost Program™
contracts and prospects. “We believe that the above project is the
first of several large-scale installations that will follow,”
commented Vice President of Zero Cost Operations, Ryan
Samuel.
In a September news release, Zenergy announced an
engagement with Coit Capital, a FINRA registered broker-dealer, to
secure a reliable funding source for its Zero Cost clients. This
remains a mission-critical objective that Coit Capital continues to
pursue on the Company’s behalf.
Zenergy CEO, Alex Rodriguez, said, “We are very excited
about this installation and the value that we are going to add to
the county’s bottom line while also significantly reducing their
carbon foot print. We remain convinced that our Zero Cost Program
represents the future of how energy services should be accessed and
experienced by commercial, industrial and municipal customers.”
ABOUT ZENERGY BRANDS, INC.
Zenergy Brands, Inc. (OTCQB: ZNGY), is a next-generation energy
and technology company operating in the emerging smart energy,
conservation, and utility industries. The Company provides energy
conservation, smart controls, and efficiency-based products and
services to commercial, industrial and municipal end-use customers.
The Company specializes in reducing utility expenses (electricity,
natural gas, and water) by 20% to as much as 60% in some cases
through its cutting-edge Zero Cost Program. Zenergy is a public
company, fully reporting to the SEC and currently trading on the
OTCQB, a venture market designed for early-stage and developing
U.S. and international companies.
Twitter: @ZenergyBrands
Instagram: @ZenergyBrands
YouTube: Zenergy Brands
FORWARD-LOOKING STATEMENTS
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results) and other factors discussed from time to time in
our Securities and Exchange Commission 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.
Joshua Campbel l469-228-1400 investors@zenergybrands.com