Message #3 From:
NewsBot Date: March 21, 2008 01:19:31 PM
Electron Solar Energy Announces Continued Record Growth
Fourth Quarter Results Due for Release Next Week
Electron Solar Energy (OTC:ESRG), an international distributor of
alternative energy systems, announced today that record growth in sales
continues. The company expects to release financial results for the
fourth quarter of 2007 next week. The Company voluntarily files
detailed, quarterly reports on http://www.pinksheets.com
and expects Fourth quarter statements to be posted shortly.
The Company attributes increased revenues to sales gained from new Bid
and Contract business, plus the strategic acquisition of Express
Communications Supply, www.expcomm.com
announced 1/31/08. This progress compliments sales from existing core
customers, new sales from solar panel systems, new distributor partners
in new territories, and the advancement of shipping and inventory
methods. President and CEO of Electron Solar Energy Christopher Quinn,
said, “We are really excited about the early
indications for our sales volume and profits this year. In this quarter
our financial statements will realize the addition of our new division
which adds significant revenues and profits, as well as manufacturing
synergies.” The Synergies between the two
companies are already impacting Electron’s
supply chain, as some of the components for bid sales are being
manufactured at Express.
Electron Solar Energy, based in Miami, Florida, is engaged in the
international distribution of alternative energy systems. The Company's
turnkey solutions provide solar and wind energy generation, as well as
energy storage systems sold B2B and B2C worldwide. The Company also
sells a proprietary line of sealed batteries, inverters, converters,
Solar Panels, Related components, and gas and diesel fuel generators.
For more information on the Company, visit www.electronsolarenergy.com.
For investor relations, visit http://www.otcfn.com/esrg.
This release includes forward-looking statements, which are based on
certain assumptions and reflects management's current expectations.
These forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations. Some of these factors include:
general global economic conditions; general industry and market
conditions and growth rates; uncertainty as to whether our strategies
and business plans will yield the expected benefits; increasing
competition; availability and cost of capital; the ability to identify
and develop and achieve commercial success for new products and
technologies; the level of expenditures necessary to maintain and
improve the quality of products and services; changes in technology;
changes in laws and regulations, includes codes and standards,
intellectual property rights, and tax matters; the uncertainty of the
oil & gas market; including the geopolitical environment not
anticipated; our ability to secure and maintain strategic relationships
and distribution agreements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
