Energy 1 Corporation Enters Distribution Agreement with TransBioTec
Expanded Product & Service Options for Customers
BOCA RATON, Fla., May 24, 2012 /PRNewswire/ -- Energy 1 Corporation (OTC: EGOC) announces that it has entered into a distribution agreement with TransBioTec, Inc. (OTCQB: IMLE).
"For E1, this is all about enhancing the value we offer customers," said Raymond T. Brown, Chairman of E1. "The SOBR system gives us an extra tool for fleet operators seeking to lower insurance costs and reduce liability risks of the operator."
"This was an easy collaboration," said Scott Painter, CEO of TransBioTec. "We share the same customers while selling non-competitive products and services. By joining forces, we both benefit."
About Energy 1 Corporation
Headquartered in Boca Raton, Florida, E1 develops, manufactures and distributes fuel efficiency and emission reduction solutions for retrofit on diesel and gasoline powered equipment. E1's technologies are available for variable as well as constant speed motors and can be configured to meet most desires or need.
For more information, please visit: www.Energy1Corp.com
About TransBioTec, Inc.
TransBioTec has developed and patented a non-invasive alcohol sensing system "SOBR" that can determine the alcohol level of a driver, pilot, equipment operator, etc., which includes an ignition interlock. SOBR is the first product to the market, which is entirely non-intrusive, non-invasive. The detection mechanism is specific to blood alcohol. SOBR can dramatically reduce most alcohol related vehicle accidents and deaths. Additionally it can offer vehicle insurance premium discounts to policyholders, who install SOBR provide a huge savings for fleet operators, especially the largest with thousands of trucks.
There are many large market TransBioTec opportunities in addition to the 15.5 million commercial trucks and truck fleets in the US alone. These include 440,000 school buses, metro buses, subways, trolleys and trains, aviation and entry screening in security, weapons, dangerous machinery areas, manufacturing floors, and crane and heavy equipment operation.
For more information, please visit: www.SOBRFleet.com
Forward-Looking Statement: Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements.
Contact:
Energy 1 Corporation
561-347-6462
[email protected]
SOURCE Energy 1 Corporation
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