Energy 1 Corp. Outlines Business Strategy
10 Juin 2010 - 5:25PM
Marketwired
Energy 1 Corp. (PINKSHEETS: EGOC) (FRANKFURT: D8i) today released
its strategic plan towards the development of its licensed
ExhausTek and IonTek product lines. The strategic plan is divided
into 4 sectors.
Management:
The Company has made a change in control with the introduction
of a new President and Chairman effectively adding two experienced
businessmen at the helm. Their collective goal is to focus on the
successful development of the Company and the creation of
sustainable shareholder value.
Product Development:
The primary asset of the company is its license with Vortex IP
for its "ExhausTek and IonTek" technologies, both patent pending,
emission control and fuel economy devices respectively.
The manufacture will be selected shortly by management. They are
currently evaluating prospective companies for the project.
Market:
In the short term there are two main target markets. The first
is the Inter State trucking industry and the second is the large
road and infrastructure construction operations. Management
believes that these two markets offer the Company the quickest and
most widely followed markets for new emission and fuel economy
technologies with the tightening of the emission standards set by
the EPA.
Sales and Distribution:
Energy 1 Corporation has targeted several regional distribution
networks which will be announced once the agreements have been
formalized. It is anticipated that the sales agreements will have a
5 year term with performance clauses as well as the right to
develop an exclusive territory, this would be for both North
American as well as global markets.
About Energy 1 Corp:
Energy 1 Corporation is a US based Energy Research and
Development Corporation, specializing in the development of energy
and emission solutions for the post carbon economy for the
transportation, institutional and multi-unit residential
industries.
For more information about EGOC visit: www.energy1corp.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. The potential risks and
uncertainties include, among others, potential volatility in the
company's stock price, increased competition, customer acceptance
of new products and services to be offered by the company, and
uncertainty of future revenue and profitability and fluctuations in
its quarterly operating efforts.
For more info. contact: Dean Steiger info@energy1corp.com +1
(248)351-1745
Energy One (CE) (USOTC:EGOC)
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