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ESYE - Easy Energy, Inc. Finalizes Manufacturing Agreement With Chinese Firm for Production of Its Innovative YoGen(R) Hand-Powered Charger
Feb 9, 2009 10:16:00 AM
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LAS VEGAS, NV -- (MARKET WIRE) -- 02/09/09 -- Easy Energy, Inc. (OTCBB: ESYE), the sole owner of the YoGen® product suite, a line of highly innovative, compact, ergonomically efficient manpowered generators designed for use recharging portable electronic devices ranging in size from cell phones to laptop computers, announced today that it has finalized and executed an agreement with a Chinese manufacturing firm to begin mass production of its breakthrough product, the YoGen® hand-powered charger.

As previously noted in a company news release dated January 20, 2009, Easy Energy, Inc. has reached the point where it is able to detail a timetable for the process of ramping up commercial mass production of both models of the YoGen® charger. Easy Energy anticipates the first assembly pilot run of 100 units to begin on March 11, 2009, followed by an assembly pilot run of 1000 units beginning on March 27, 2009. Mass production of the two models is projected to be initiated on April 9, 2009.

"We are very pleased to have executed this manufacturing agreement with a firm we are confident will uphold the high standards of product excellence we are demanding for the YoGen® charger," stated Guy Ofir, CEO of Easy Energy, Inc. "This constitutes another important step in the process of Easy Energy, Inc.'s transition from status as an R & D company to a profitable, rapidly growing producer of a product suite for which, our research indicates, there is a vast demand in the marketplace. We will be continuing to provide progress updates as we proceed toward our April mass production target date for our YoGen® charger."

About Easy Energy:

Easy Energy, Inc. (OTCBB: ESYE) is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen®, a slim, pocket-sized charger for small devices such as cell phones, GPS, iPods, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger. The company is headquartered in Las Vegas, Nevada with offices in Naariya, Israel. For more information on our company and innovative YoGen® product suite, please visit our corporate website at: http://www.easy-energy.biz

Safe Harbor Statement

This press release contains certain forward-looking statements. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product and service developments, future financial conditions, results or projections or current expectations. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. Further information on potential factors that could affect our business is described under the heading "Risks Related to Our Business" in Part I, Item 1, "Description of Business" of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007 and in our registration statement on Form S-1 no 333-150468, which was declared effective on October 31, 2008. Except as otherwise required by law, Easy Energy, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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Evian IR
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