Energy 1 Reports on Customer Response & Demand

BOCA RATON, Fla., April 25, 2013 /PRNewswire/ -- Energy 1 Corporation ("E1") (OTC: EGOC) is pleased to report that customer demand for new and continued business is high and marketing efforts have been well received.

In March, Energy 1 started an initiative to reach out to existing customers, both introducing itself as the new owner of Master Lease and letting them know that new offerings were planned.  This gave the company an opportunity to ease longtime clientele into new billing and collections procedures as well as estimating the demand for expansion within its own backyard. 

"The response has been fantastic, " said Stu Hoebel, President of Master Lease.  "More than 15% of our own customer base has made inquiries about updating or upgrading their equipment, and we're getting new inquiries every day.  That's huge."

The company is currently preparing a Form-10 filing so that it can move to a higher trading tier and open itself for advanced financing options to meet current customer demand and growth beyond.

About Master Lease

Acquired by Energy 1 in September of 2012, Master Lease is a 40yr+ truck & trailer leasing business based in Henderson, Colorado.  Their customer base consists primarily of owner-operators and small trucking companies who haul for regional distributors such as First Choice Transport, Greatwide Logistics, HVH, Landstar, Monfort, National Carriers and Power Source.  Master Lease's present portfolio is comprised of more than 150 active leasing customers with approximately 250 over-the-road trucks & trailers, as well as some specialty equipment.

For information about Master Lease, please visit: http://www.MasterLease.com

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 about E1 Trucks, the TekFuel System, the ExhausTek or IonTek solutions available for your truck or fleet, please feel free to contact E1.

For more information, please visit: www.E1Corporation.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