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Wednesday, 06/29/2011 12:19:03 PM

Wednesday, June 29, 2011 12:19:03 PM

Post# of 118239
RCCH Acquires Power House Energy Solutions, Inc.
RCC Holdings, Corp. (Pink Sheets: RCCH) Acquires Power House Energy Solutions, Inc.

Last Updated on Wednesday, 29 June 2011 08:10 Wednesday, 29 June 2011 08:06


MD Int'l Incubator-MI2 (Washington DC) June 29, 2011 – RCC Holdings Corp. (PINK SHEETS: RCCH)(http://www.RCCHoldings.com) is pleased to announce it has closed on the acquisition of Power House Energy Solutions Inc., in a stock for stock mutual agreement.

“Our relationship with Power House Energy Solutions Inc., just rose to the next level. We are currently negotiating with several countries throughout Europe, South America, Central America, Fiji and the Far East as well as Canada for creating cross-hybridized energy packages that will develop remote villages, towns and small cities abilities to be completely self-reliant for their energy resources. Our natural energy source affiliates have just become reciprocally foundational with the addition of our latest partner and sole subsidiary Power House Energy Solutions,” said Gene Newton, Chairman of RCC. “In addition to the existing resource technologies and capabilities of RCCH, the merger will provide a springboard for its commercially viable wind tunnel and solar power technologies with a practical and intellectual basis of proprietary advancements for combustion engines and electrical motors.”

http://powerhouse-development.blogspot.com/

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of RCC Holdings Corp. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RCC Holdings Corp. cautions you that any forward-looking information provided by or on behalf of RCC Holdings Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RCC Holdings Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RCC Holdings Corp.'s control. In addition to those discussed in RCC Holdings Corp.'s press releases, public filings, and statements by RCC Holdings Corp.'s management, including, but not limited to, RCC Holdings Corp.'s estimate of the sufficiency of its existing capital resources, RCC Holdings Corp.'s ability to raise additional capital to fund future operations, RCC Holdings Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RCC Holdings Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RCC Holdings Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.


Copyright © 2010 RCC Holdings Corp. - Wednesday 29th of June 2011

http://www.rccholdings.com/index.php?option=com_content&view=article&id=97:rcc-holdings-corp-pink-sheets-rcch-acquires-power-house-energy-solutions-inc&catid=1:news&Itemid=8

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