Integrated Energy Solutions' Wholly Owned Subsidiary Patten Energy Awarded $2.3m Contract with The City of Los Angeles; Retai...
March 26 2015 - 10:23AM
Access Wire
NESCONSET, NY / ACCESSWIRE / March 26, 2015
/ Integrated Energy Solutions Inc. (IENG), (the
"Company" or "Integrated Energy" or "IES")
(www.Integrated-Energy.co), a fully integrated large and
small format downstream oil marketer as well as waste oil
collector, value-adding recycler and re-distributor, is
very please to announce it's wholly owned subsidiary Patten Energy
has secured a two year, $2.3m contract with the Los Angeles
Metropolitan Transportation Authority.
The Los Angeles Metro city buses are unique in that they run off
of clean natural gas. These buses require a very special
specification of the oil for their clean natural gas burning
engines. Patten's contract can in fact increase over time and is
now the next of various other city, state and federal government
agencies Patten Energy is servicing. The company is also in talks
with the State of California regarding a fuel supply contract. More
information will be provided to the shareholders as it becomes
available.
IES would also like to announce it has retained a new transfer
agent. The new transfer agent will be reviewing and approving all
share reservations and debt conversion submissions to make sure
they accurate and in compliance with requirements under the
agreement and that they ultimately comply with all state and
federal rules and regulations. IES is acting in the best interest
of its shareholders and will continue to update them as the company
progresses forward.
ABOUT INTEGRATED ENERGY SOLUTIONS
Integrated Energy Solutions Inc., a publically traded SEC
reporting Company on OTC Markets Exchange under the symbol (IENG),
is a fully integrated large and small format downstream oil
marketer, as well as waste oil collector, value-adding recycler and
re-distributor.
Through its three wholly owned subsidiaries, Patten Energy
Enterprises Inc., Atlantic Pacific LLC and AP Lubes Inc. the
company seeks to expand the regional businesses of each to other
states where respective Company subsidiaries operate to vertically
integrate, cost-share and generate new revenues from within the
existing Company "ecosystem."
ABOUT LOS ANGELES COUNTY METROPOLITAN
TRANSPORTATION AUTHORITY
Los Angeles County Metropolitan Transportation Authority
(Metro) is unique among the nation's transportation agencies. It
serves as transportation planner and coordinator, designer, builder
and operator for one of the country's largest, most populous
counties. More than 9.6 million people – nearly one-third of
California's residents - live, work, and play within its
1,433-square-mile service area. Safe, clean, reliable, on-time,
courteous service dedicated to providing Los Angeles County with a
world class transportation system. Metro is responsible for the
continuous improvement of an efficient and effective transportation
system for Los Angeles County.
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
INVESTOR & MEDIA RELATIONS CONTACT:
Ryan Troup, Circadian Group IR
Toll Free: 1
(855) 228-7336
Email: Ryan@Circadian-Group.com
SOURCE: Integrated Energy Solutions
Inc.
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