NEWS IS OUT WOW
June 30, 2008 -- Wall Street Securities Invests in Energy Sector
Phoenix, AZ. June 30, 2008. Wall Street Securities, Inc. (OTC: WSSE)(OTC: WSSE.PK), announced today a letter of intent to acquire Energy Solutions, Inc. a Tulsa, Oklahoma company that has developed an innovative hydraulic oil well pump which is more efficient because the hydraulic pump uses less power than the walking beam pumps that are used by the majority of domestic rod-pumped wells.
Mario Usi, President and CEO of Wall Street Securities, said “Investments in companies and technologies that reduce the cost of petroleum production can help reduce the cost of crude oil. As the price of crude rises, the energy industry’s interest in minimizing the costs associated oil production increases. ”
Louis Twist, President and CEO of Energy Solutions, Inc., stated “Energy Solutions is working on the prototypes that are necessary before mass production of the hydraulic pump can begin. The market is there waiting for the most efficient technologies to be introduced. We intend to be a part of this huge market opportunity.”
About Wall Street Securities
Wall Street Securities invests in energy sector technologies that have the possibility of reducing the cost of producing crude oil. WSSE has analyzed several new technologies and plans to fund and acquire other companies in the future.
Contact: Ray Larson, Managing Director
Morgan Phillips, Inc.
E-mail: morganphillips11@aol.com
This press release contains some forward-looking statements. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our business.
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