Encore Energy Systems Announces Enhanced Business Strategy for 2008
January 15 2008 - 8:00AM
PR Newswire (US)
BRIGHTON, Mich., Jan. 15 /PRNewswire-FirstCall/ -- Encore Energy
Systems, Inc. (Pink Sheets: ENCS), a rapidly growing diversified
energy company informs shareholders of its business strategy for
2008. 2007 has proved to be a turning point in the company's
history. Leaders of the global community are finally reaching
agreements promoting the urgency to tackle the energy crisis. This
subject has dominated the media over the last 12 months giving
companies such as Encore Energy valuable exposure. The management
of Encore is changing its business approach to cope more
efficiently with the increasing demand driven by the need to reduce
energy consumption. Encore Energy will eventually move away from
the contracting side of the business and focus on supplying
engineered design solutions to our clients. The company will also
assist our customers in selecting suitably qualified geothermal
HVAC contractor to install our systems. The company intends to
charge license fees directly to our clients utilizing our patented
technology. Previously, we have charged royalty fees to our
contracted installers. Encore holds the patent on the use of Grey
Water in heat-exchanger systems. The number of systems using this
design approach frequent even among national HVAC companies. We
will be taking a more aggressive stance toward what we believe are
clear infringements on our patent. Fortunately our patent is broad
and covers nearly any reasonable design involving grey water heat
exchangers. We will seek both license fees and royalty settlements
for all existing and planned installations using our patents. This
new approach will serve to make more efficient use of our present
human resources in addition to improving our rate of business
turnaround from initial inquiry to contract delivery. About the
Company The Company owns the patents for the use of grey-water, and
domestic water in heat exchanger systems. They also provide all
forms of conventional geothermal heat exchange systems. See video
at 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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