Box Pure Air Receives First Purchase Order - SinglePoint Highlights Progress of Subsidiaries Driving Company's Mission to Promote Cleaner Sustainable Lifestyle While Minimizing Impact on the Environment
July 15 2021 - 10:35AM
InvestorsHub NewsWire
–
Company’s dedication to “People, Planet, Profits” in the solar
industry and through subsidiaries at the forefront of driving
significant growth
opportunities
– Continued execution on strategy
to build the most comprehensive national solar network and platform
of renewable energy solutions to meet rapidly growing
demand
PHOENIX,
AZ -- July 15, 2021 -- InvestorsHub NewsWire
-- SinglePoint Inc. (OTC:
SING) (“SinglePoint” or the “Company”), a company focused on
providing renewable energy solutions and energy-efficient
applications to drive better health and living, today provided an
overview of recent key highlights from its
subsidiaries, Direct Solar America, EnergyWyze,
LLC and Box PureAir, LLC.
SinglePoint has continued building
on its strategy to establish the most comprehensive national solar
network and portfolio of renewable energy solutions to meet rapidly
growing demand. As part of this momentum, the Company’s
subsidiaries Direct Solar America, EnergyWyze, LLC and Box PureAir,
LLC, have continued execute on their respective business
strategies, which collectively continue to drive the Company’s
mission to promote a cleaner sustainable lifestyle while minimizing
the impact on the environment and generating continued
growth.
“As a
company, we continue to accomplish our stated goals and achieve key
catalysts on an ongoing basis. The people whom we work alongside
of, partner with, and serve, enable us to provide valuable
solutions for better health and living, which ultimately enable
SinglePoint do drive profits and build value. Our teams at
EnergyWyze, Box PureAir, and Direct Solar continue to make
substantial progress and we are proud of their accomplishments. I
truly believe the continued success of SinglePoint has not and will
not be possible without the individuals who make up our team. We
are dedicated to focusing the right resources on our value drivers,
which include our subsidiaries, and identify the ways which we can
have the most impact,” stated Wil Ralston, Chief Executive Officer
of SinglePoint. “We believe SinglePoint is poised to be a leader in
the industry and has the potential to unlock significant value
through optimizing our business strategies. Where we are today is
only the beginning. Our team and partners remain dedicated to
delivering progress, building value, and generating
profits.”
EnergyWyze
Streamlining, optimizing, and
maximizing solar industry lead generation through customer centric
approach
Since
its acquisition, EnergyWyze has onboarded new clients and systems
and has begun working with many of the solar industry’s top tier
companies. In its first month following the acquisition, EnergyWyze
achieved significant strides and currently sells multiple hundreds
of leads and appointments to some of the nation’s leading solar
providers who are looking to increase their residential solar sales
and installation rates. Recently, EnergyWyze has expanded its
geographic reach to now include the following U.S. states:
Colorado, New Mexico, Oregon, Utah, Virginia and Illinois; with
expansion into additional states in
process.
The
company continues to refine and optimize its lead generation
platform. It has recently secured a deal to provide leads to AIGA
sales which has 50 reps across 8 states and has added
expertise to its team with the hiring of a top phone solar setter
in the business to help build out the appointment setting team and
recruit other talented setters. Additionally, the company has added
Energy Audits to our setting program and aligned with one of the
top Energy efficiency companies in the U.S. to generate leads
and appointments. EnergyWyze has also expanded its service to
include Home Energy efficiency and additional markets that
complement the healthy living and renewable energy
industries.
Box
PureAir
Creating safe, clean air zones to
improve overall air quality and general
health
Reducing pollutants and pathogens,
including SARS-CoV-2 (COVID-19) to improve and enhance ventilation
and indoor air quality is top of mind. BOX PureAir continues to
build its pipeline to meet these growing demands, including the
anticipated launch of the "Summit" model which has the potential to
redefine the in duct retrofit market. The company has also
implemented smart fleet management systems which enable users to
monitor multiple units remotely and monitor air quality in the
unit location.
Box
PureAir has received the initial purchase order for its submitted
bids, which will help to establish its process moving forward. Upon
closing, Box PureAir expects to see a larger round of purchases
orders come through. In addition to opening its office and
sales center in May 2021, Box PureAir has commitments from
franchisees representing three of the top ten fast food chain
restaurants in the United States to install units to protect their
customers and employees by improving indoor air quality by creating
a safe air zone as local and regional restrictions for indoor
dining are lessened or eliminated.
Lastly, with schools returning for
the fall semester imminently, the company believes there will be
increased participation and action taken by school districts to
help students, teachers and everyone else involved towards
returning to normal operations and continues to deliver solutions
across multiple verticals.
Direct Solar
America
Producing clean energy through
converting sunlight into power on residential or commercial
buildings
Direct
Solar America’s business continues to drive forward. The company
has recently hired multiple industry experts, some
of which had served with the company previously. This historical
knowledge has been an integral component in the progress of the
business. By putting the right people in the right positions and
empowering them to move the company forward Direct Solar America as
seen significantly improved communications and responses from its
customers and partners. Over the course of the next quarter, Direct
Solar America plans to scale its business through a few process
implementations. With the new processes being defined and
implemented, the path towards profitability is in
sight.
SinglePoint’s Future Moving
Forward
Building the most comprehensive
national solar network and platform of renewable energy solutions
to meet rapidly growing demand
SinglePoint will continue to
concentrate its efforts on analyzing, improving and expanding its
existing solar businesses while exploring additional accretive
acquisitions or partnerships in healthy living and renewable energy
applications. The Company will continue to look for accretive
acquisitions in an effort to create the first truly national
network in the sector. Installers, technologies providing renewable
energy solutions and the people that lead these efforts will be
vital to SinglePoint’s continued growth. As previously announced,
SinglePoint has launched a strategic review of the Company’s
business to ensure optimization and growth
opportunities.
The
Company expects to provide updates regarding its strategic review
in the third quarter of 2021.
About SinglePoint
Inc.
SinglePoint Inc. is a renewable
energy and sustainable lifestyle company focused on providing
environmentally friendly energy efficiencies and healthy living
solutions. SinglePoint is initially focused on building the largest
network of renewable energy solutions and modernizing the
traditional solar and energy storage model. The Company is also
actively exploring future growth opportunities in air purification,
electric vehicle charging, solar as a subscription service, and
additional energy efficiencies and appliances that enhance
sustainability and a healthier life. For more information, visit
the Company's website (www.singlepoint.com) and connect
on LinkedIn and Twitter.
Forward-Looking
Statements
Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934 and are subject to the
safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential plans and objectives of
the Company, the use of proceed, anticipated growth and future
expansion, are forward-looking statements that involve risks and
uncertainties.
There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
Investor
Contact:
JTC Team, LLC
Jenene
Thomas
833-475-8247
SING@jtcir.com
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