Energy 1 Corporation Enters Sale / Lease Agreement
Energy 1 Corporation Enters Sale / Lease Agreement
PR Newswire
BOCA RATON, Fla., Feb. 28, 2012
BOCA RATON, Fla., Feb. 28, 2012 /PRNewswire/ -- Energy 1 Corporation (OTC: EGOC) is pleased to announce that it has reached a multi-year sales agreement with Proinfra Sistemas e Ingenieria S.A. de C.V. of Mexico to sell and lease E1's solutions for fuel efficiency and emission reduction into the Mexican transportation and industrial markets.
"Proinfra originally approached us to retrofit large mining equipment," said Raymond T. Brown, Chairman of E1. "We're agreeing to configure our products so Proinfra can service their mining customers, but we've also agreed that there is a major market-ready opportunity for Class-8 vehicles, customers that Proinfra can sell to now. That's where we're starting while we make the move toward retrofitting the heavy equipment used in mining."
"Earlier this month, we announced the company's market readiness," continued Brown. "Now, we're entering into sales and leasing relationships to get our products & solutions in-use on customer fleets, while opening opportunities into industries we hadn't yet considered because of cost to entry. 2012 is shaping up to be a great year for the company. We look forward to harnessing this momentum."
About Energy 1 Corporation
Headquartered in Boca Raton, Florida, E1 is a manufacturer of fuel efficiency and emission reduction solutions for retrofit on diesel & gasoline powered equipment.
For more information, please visit: www.Energy1Corp.com
Forward-Looking Statement: Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements.
Contact:Energy 1 Corporation561-347-6462Info@Energy1Corp.com
SOURCE Energy 1 Corporation
