Energy One Corp (EGOC)

[NYC Trader]

Earlier this year Energy 1 Corp closed a merger agreement with Vortex IP inc. Vortex is a private company out of Florida that provides Green business services.


Energy 1 Corporation Concludes Merger Agreement With Vortex IP, Inc.

BOCA RATON, FL -- (Marketwire)
04/22/10
(PINKSHEETS: EGOC) Energy 1 Corporation announced today that it has concluded its merger agreement with Vortex IP, Inc., a private Florida Corporation.

According to the management of Vortex IP, Inc., Vortex IP, Inc. is a leader in the evolving green economy business sector and intends, in coordination with Energy 1, to manufacturer Vortex IP brands including ExhausTek and IonTek, products that address the question of fuel economy and emissions for the internal combustion motor.

"Vortex IP not only has state of the art technology solutions for gasoline and diesel powered devices but has solutions for the emerging alternative fuels such as Biodiesel and Biodiesel blends," said Dean Stieger, President of Energy 1 Corp. "Their team really completes our own and will truly benefit our company, expediting the release of our technology solutions to the market," added Mr. Stieger.

About Energy 1 Corporation

Energy 1 Corporation is a US based Energy Research and Development Corporation, which is developing energy and emission solutions for the post carbon economy for the transportation industry.