Energy 1 Corporation Establishes Relationship With Private Equity Firm to Put ExhausTek Technology on the Road
BOCA RATON, Fla., Dec. 12, 2011 /PRNewswire/ -- Energy 1 Corporation (OTC: EGOC) is pleased to announce the Board of Directors has approved a plan and resolved to move forward with a Private Equity firm in a definitive agreement for acquisition of Common Stock in Energy 1 Corporation.
The capital infusion will be utilized to integrate the ExhausTek & IonTek product lines into newly acquired equipment, which will then be leased or sold through our exclusive agreement with Master Lease, Inc. The ExhausTek is the world's first Vortex Field Ionizer (VFI) for emission reduction, replacing two alternative components, the diesel particulate matter filter (DPF) and a NOx trap. Using the IonTek, either alone or in part with the ExhausTek, improves performance, reduces emissions and increases fuel economy.
In correlation with the plan approved and resolved by the Board of Directors we have entered into an agreement with The Nuemark Group, LLC, a full service Financial Communications and Consulting firm. "Bringing Nuemark on as our firm is a major part of our commitment to transparency and the emphasis on growth that this plan provides," said E1 Chairman, Mr. Brown after the execution of the Board resolution.
About The Nuemark Group, LLC
The Nuemark Group, LLC is about capital growth via research, procedures, steps, and processes involved in successful small cap enterprises by providing solutions to investors, media publishers and client-corporations. "Our mission is to structure relationships between an immense international demographic of active investors seeking opportunities and publicly traded companies who seek those very investors."
About Energy 1 Corporation
Headquartered in Boca Raton, Florida, E1 is a manufacturer of fuel efficiency and emission reduction solutions for retrofit on diesel powered equipment.
For more information, please visit: www.Energy1Corp.com
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
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Investor Relations |
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The Nuemark Group, LLC |
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Toll-Free (888) 878-1949 |
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SOURCE Energy 1 Corporation
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