EGPI Firecreek, Inc. Subsidiary Arctic Solar Engineering, LLC to Initiate Sales and Distribution Through SolarUs
SCOTTSDALE, Ariz., Mar 04, 2011 (BUSINESS WIRE) -- EGPI Firecreek, Inc. (OTCBB: EFIR) is pleased to announce that their newest subsidiary Arctic Solar Engineering, LLC ("ASE") has formed SolarUs in order to establish a direct sales and distribution channel for their thermal energy solutions.
With the creation of this entity, Arctic Solar advances its strategic plans of focusing on the marketing and distribution of their Solar Thermal Energy products, as well as other alternative energy products, which offer true energy benefits and measurable returns on investment to the consumer.
Fred Sussman, Arctic Solar Engineering CEO, stated, "SolarUs will function as one of the initial sales channels for our alternative energy solutions. However, we plan on establishing several strategic marketing channels, networks and outlets for our energy products." He also stated, "Our initial phase will start out domestically with an emphasis and direction for global expansion."
As previously announced, Arctic Solar is currently establishing a distribution channel and network within the remediation and restoration industries.
For more information on SolarUs please see: www.solarustoday.com
About Arctic Solar Engineering, LLC
Arctic Solar Engineering, LLC integrates Solar Thermal Energy technology patented over 30 years ago by Daimler Aerospace in Germany. This technology is used throughout Germany, other parts of Europe, Asia and the Middle East. ASE's competitive advantage is product knowledge and knowledge of how water based energy systems work and can be successfully implemented to reduce an average building's energy consumption by up to 70%.
About EGPI Firecreek, Inc.
EGPI Firecreek, Inc.'s business and acquisition strategy is focused on both the vertical integration of enterprises serving the D.O.T. Construction and Intelligent Traffic System markets through South Atlantic Traffic, Inc. (SATCO) alongside its wholly owned subsidiary M3 Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers) and for oil and gas servicing business through its wholly owned subsidiary Chanwest Resources, LLC. EGPI Firecreek, Inc. is also looking to expand into alternative energy sources as well as industries in the energy field.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc.'s filings with the Securities and Exchange Commission.
SOURCE: EGPI Firecreek, Inc.
CONTACT:
EGPI Firecreek, Inc. Public Relations and Shareholder Information Joe Vazquez, 754-204-4549 infinityglobalconsulting@gmail.com
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