Encore Energy Systems Continues Rapid Growth With New Development Contract
November 14 2007 - 8:00AM
PR Newswire (US)
BRIGHTON, Mich., Nov. 14 /PRNewswire-FirstCall/ -- Encore Energy
Systems, Inc. (Pink Sheets: ENCS), a rapidly growing diversified
energy company, announces its wholly owned subsidiary, American
Geothermal, has been awarded the HVAC contract on a new
multifamily/retail development in Austin, Texas. The development is
the "East End Flats" with work scheduled to begin later this month.
The project will comprise of 27 loft apartments with street-side
retail stores. The general contractor, Ion Constructors, LCC based
in Austin, has awarded American Geothermal the HVAC systems. The
total contract value will generate revenues estimated at
$150,000.00 for the company. Chief Technical Officer for Encore
Energy Systems, Victor DeMarco, commented, "We are very excited to
start work on a new multi-family projects. These types of projects
are being built throughout the United States and our Company is
well positioned to fill this niche." The Company continues to
experience increased interest in its geothermal cash saving
solutions. Our client prospect list is growing on a weekly basis
with our projected sales estimates still on track to achieve our 18
month anticipated revenue target. We intend these press releases to
keep our shareholders informed of significant company events as
they occur. 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 unique patented DeMarco Energy Miser has
been installed in public buildings and military facilities 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. The company's web-site version of this
press release contains various RISK FACTORS (and are incorporated
herein by reference) and should be read before any investment
decision. Contact: Encore Energy Systems, Inc. Investor Relations
1-888-234-0963 DATASOURCE: Encore Energy Systems, Inc. CONTACT:
Investor Relations of Encore Energy Systems, Inc., 1-888-234-0963,
Web site: http://www.encoreenergyinc.com/
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