PriceEnergy's New Management Team, Re-branding, and New Product Lines are Debuted at the Annual AREE Energy Expo
NEW YORK, April 30 /PRNewswire-FirstCall/ -- Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU - www.exousiacorp.com), a company that manufactures advanced eco-friendly industrial products for worldwide infrastructure applications announces that its subsidiary, PriceEnergy has successfully debuted its new management team, re-branding, and new product lines at the annual AREE Energy Expo held this week in Atlantic City, New Jersey.
The AREE Energy Expo is one of the largest annual energy expos in the Atlantic region and is attended by petroleum marketers, propane retailers, and HVAC contractors.
PriceEnergy, a subsidiary of Evergreen Global Investments Ltd. ("Evergreen"), a wholly owned subsidiary of Exousia, is an industry leading e-commerce based business selling energy products and services to its residential and commercial customers. Through the use of proprietary technology, customers can use the Internet to check their local current fuel oil price, place orders, arrange for payment, and manage deliveries of heating oil and other energy products 24 hours a day, 7 days a week.
According to CEO J. Wayne Rodrigue, "Our new team at PriceEnergy has done a tremendous job of expanding the depth of the company and creating new logos, designs, and a new look for its website. Additionally, the team is upgrading the software platform and the back office systems to insure that PriceEnergy is ready for expansion in 2010 and beyond." PriceEnergy's exposure and positive response from our distributors and potential customers at the AREE Energy Expo was a great step forward in establishing its new branding. To view the show information please see the link below and look for the PriceEnergy page at page 6.
http://www.industry-publications.com/areeguide/aree2010guide/#/0/
The new PriceEnergy team is expanding the company from its home heating oil base to propane and other fuel products. PriceEnergy intends to migrate its entire product base to include green energy attributes. In addition, PriceEnergy intends to market its enhanced software platform as a back office system to commercial users, government agencies, NGOs, and marketers of energy products.
Contact Information: Bob Roddie, CFO, Telephone: 212-796-4333
About Exousia Advanced Materials, Inc.
Exousia, through its subsidiary Evergreen, is the provider of a variety of fuel products to thousands of customers in the Northeastern part of the United States. It is rapidly migrating its entire product base to include Green Energy attributes. Exousia manufactures advanced eco-friendly resins, engineered particles, high-performance coatings and structural products. Exousia products enhance strength, durability, cost effectiveness and performance for a wide range of manufacturing, commercial and construction applications. The company serves both domestic and international markets. Additional information on Exousia can be found at http://www.exousiacorp.com.
Safe Harbor Statement
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. We use words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "target," "will," "would," variations of such words and similar expressions to identify forward-looking statements. In addition, forward-looking statements include, among others, statements that refer to Evergreen's expected contributions to Exousia's earnings, profits and EPS; projections of earnings, revenue, costs or other financial items of Exousia, Evergreen and the combined company; the anticipated value of the combined business to customers and partners; the expected performance of Evergreen service, along with anticipated growth and trends in the business or key markets of Exousia, Evergreen, and the combined company; and plans, objectives and strategies for future operations. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: the ability of Exousia to successfully integrate Evergreen operations and employees; the ability to realize anticipated benefits of the proposed acquisition, including the expectation of greater revenue opportunities, operating efficiencies and cost savings; the ability to ensure continued performance and market growth of Evergreen's business; continued turmoil in global financial markets and economies; the availability and cost of credit; the ability to successfully develop, introduce, and sell new products and enhancements; changes in relationships with key customers, suppliers, distributors, resellers, and others as a result of the acquisition; and other factors affecting the industrial coatings and energy industries generally. In addition, please refer to the risk factors contained in Exousia s SEC filings available at www.sec.gov, including Exousia's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The companies undertake no obligation to update or revise any forward-looking statements for any reason.
SOURCE Exousia Advanced Materials, Inc.
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