Atlantic Energy Solutions CEO Addresses Stimulus Fund Market
16 Juin 2009 - 2:00PM
Business Wire
Atlantic Energy Solutions, Inc. (Pink Sheets:AESO) CEO Tim Brock
has spent the past two days in his role as a Director on the Board
of the National Association of Energy Services Companies,
(www.naesco.org). NAESCO is conducting its Mid Atlantic Regional
Meetings this week in Philadelphia, PA where member companies are
outlining the market opportunities in a $30B industry of which only
a dozen accredited companies participate.
According to NAESCO, �Stimulating aggressive energy efficiency
investment in state and local government facilities is one of the
cornerstones of the recently enacted American Recovery and
Reinvestment Act.�
Tim Brock, CEO of Atlantic Energy, states, �As an organization,
the collective group of senior business leaders agree that this is
a very exciting time for the energy industry and that all of us
that are energy services company accredited play a vital role in
helping to strengthen our economy by utilizing resources such as
the stimulus funds that are now available. My colleagues at
Honeywell (�HON�), Johnson Controls, (�JCI�) ConEdison Solutions,
and others agree that as a result of the stimulus funds that those
of us that are accredited energy services companies have had the
opportunity to see our industry grow in the past year from a $5B
industry to nearly $30B which will have a significant impact on
delivering green jobs and improving energy efficiencies. The target
market for Atlantic Energy, municipalities, school districts and
campus settings and other commercial buildings are squarely in line
to receive stimulus funds. This is in our sweet spot of opportunity
and we will be ready for it.�
About Atlantic Energy Solutions, Inc.
Atlantic Energy Solutions is a globally accredited Energy
Efficiency and Resource Company and member of NAESCO
(www.Naesco.org) that identifies, implements, and finances energy
efficiency projects designed to improve the overall efficiency of
energy, water usage and renewable resources, reducing our
dependency on foreign oil and diminishing our carbon footprint.
Headquartered in Saratoga Springs, NY and with satellite offices in
Orlando Fl and Fairfield, NJ, Atlantic Energy Solutions assesses
the energy demands and usages of municipal, corporate and
industrial complexes to improve conservation and apply measures to
bolster savings at the consumer level.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Atlantic Energy Solutions Inc., and members
of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include, but are not limited to,
fluctuation of operating results, the ability to compete
successfully and the ability to complete before-mentioned
transactions. The Company undertakes no obligation to update or
revise any forward-looking statements.
Atlantic Energy Solutions (PK) (USOTC:AESO)
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