Encore Energy Systems Issues Positive Stockholder Update on Rapid Growth
November 20 2007 - 8:00AM
PR Newswire (US)
BRIGHTON, Mich., Nov. 20 /PRNewswire-FirstCall/ -- Encore Energy
Systems, Inc. (Pink Sheets: ENCS), a rapidly growing diversified
energy company issued a stockholder update. The company has and
will continue to release frequent updates on its progress:
Accomplishments and Updates: 1. The Lake Travis project completed
with nearly 140 of the Company's DeMarco Energy Miser systems
delivered. 2. Combined USA sales projections of $225,000,000
spanning numerous small and large clients including national
corporations with multiple locations. 3. Anticipates a $0.05 EPS by
calendar year-end 2008 based on a successful execution of 50% of
the current aggregate sales pipeline. 4. International Distribution
Agreements to provide exclusive territory rights to import our
solutions and our patented DeMarco Energy Miser System. 5. Expanded
our product depth and announced a partnership with a prestigious
engineering firm 6. New residential installations are underway at
our Lake Flato project resulting in six additional DeMarco Energy
Miser Units ordered for installation. 7. Became a Sales Partner for
the Caribbean and South East Florida for AMK-SOLAC 8. Strengthened
senior executive depth by new appointments 9. Obtained a new
Strategic Partner for its Florida and Caribbean expansions. A
continuation of our achievements containing more detail can be
viewed at the company website. http://www.encoreenergyinc.com/
About the Company The Company owns the patent for the use of
grey-water in heat exchanger systems and grows through
energy-related acquisitions, marketing its patented heating/cooling
systems, and sales of energy conservation solutions. The Company
builds revenues through the sales and licensing of its patent on
the use of grey-water in heat-exchangers. The company's unique
patented system has been installed in various 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:
Encore Energy Systems, Inc. Investor Relations, 1-888-234-0963, Web
site: http://www.encoreenergyinc.com/
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