Encore Energy Systems Expands Operations to Bulgaria, Europe
September 11 2007 - 10:27AM
PR Newswire (US)
BRIGHTON, Mich., Sept. 11 /PRNewswire-FirstCall/ -- Encore Energy
Systems, Inc. (Other OTC: ENCS), a rapidly growing diversified
energy company announces a new distributor partnering agreement
with Bulgarian company. The distributor will rename to Encore
Energy Systems (Bulgaria) and be given exclusive country rights to
promote and sell the Company's patented DeMarco Energy Miser
system. Under the terms of the memorandum of understanding, the new
company will be provided engineering design support and
preferential distributor pricing for the Energy Miser geothermal
heat pumps. Bulgaria is experiencing rapid change since joining the
European Union in January, 2007. The country is modernizing after
years of neglect to become recognized as an equal member of the EEC
nations. Massive construction projects of residential and
commercial property is leading to demands for the latest energy
efficient materials and technology. Encore holds the patent on the
grey-water heat exchanger process and has experienced unprecedented
demand for its geothermal systems. The Company anticipates
continuing its current growth strategy of international
distribution. CEO of Encore Bulgaria, Stan Christov Vassilev was
attracted to Encore Energy after reading articles describing our
unique patented system involving connection directly to the water
supply. Eliminating the costs to drill expensive boreholes or dig
trenching to lay new pipes convinced him that he had selected the
right partner. About the Company Encore Energy Systems grows
through energy-related acquisitions, marketing its patented
geothermal water-air heating/cooling systems, and sales of energy
conservation solutions. The company's geothermal marketing unit,
DeMarco Energy Systems of America, Inc.
(http://www.demarcoenergy.com/), has geothermal installations in
Oregon, Pennsylvania, Washington, Montana, South Dakota,
Mississippi, California and Texas. Encore's primary focus is to
provide energy efficient technologies to commercial and
institutional markets that result in significant energy and cost
savings. For more information, visit
http://www.encoreenergyinc.com/. Safe-Harbor Statement This press
release contains statements (such as projections regarding future
performance) that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. DATASOURCE: Encore Energy
Systems, Inc. CONTACT: Investor Relations of Encore Energy Systems,
Inc., Web site: http://www.encoreenergyinc.com/
http://www.demarcoenergy.com/
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