EGPI Firecreek, Inc. Subsidiary Arctic Solar Engineering, LLC Negotiates Licensing Terms for Distribution in Georgia and Colorado
Press Release Source: EGPI Firecreek, Inc. On Thursday April 7, 2011, 8:00 am EDT
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- EGPI Firecreek, Inc. (OTCBB:EFIR.ob - News) is pleased to announce that their subsidiary Arctic Solar Engineering, LLC. (“ASE”) has negotiated the licensing terms for a sales and distribution agreement in the states of Georgia and Colorado through their distribution entity SolarUS.
The two initial agreements for SolarUS will advance ASE’s strategic plan of focusing on the marketing and distribution of their Solar Thermal Energy products, and other alternative energy products, which offer true energy benefits and measurable returns on investment to the retail, residential, and commercial consumer.
Arctic Solar is currently negotiating similar distribution agreements in the states of Texas, Louisiana, and Florida. Once completed, the company anticipates diversifying through a multi-channel distribution network that should allow the company to grow at a rapid pace throughout the U.S.
As previously announced, Arctic Solar is currently establishing a distribution channel and network within the United States for 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 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. and for oil and gas servicing business through its wholly owned subsidiary Chanwest Resources, LLC.
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.
Contact:
EGPI Firecreek, Inc.Public Relations and Shareholder InformationJoe Vazquez, 754-204-4549infinityglobalconsulting@gmail.comFollow Yahoo! Finance on Twitter; become a fan on Facebook.
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