Legends Business Group Inc (LGBS)

[LicharTin]

Legends in Negotiations With Multiple Third Party Testing Companies; Multi-Function Charger Controller (MFCC) Is Now Patent Pending Marketwire   "Press Releases"
MIAMI, FL -- (Marketwire) -- 08/30/12 -- Legends Business Group (PINKSHEETS: LGBS) today announced it is in negotiations with multiple independent testing companies to test the MFCC. This decision follows the confirmation of the MFCC's "Patent Pending" status.

Legends is in the process of selecting an independent company to test the MFCC for efficiencies and performance. "With the MFCC now patent pending we feel it is ready for independent testing," said Rudy Sablon , LGBS's President and CEO. "After consulting with several third party testing companies, we narrowed it down to a select few with enough experience to do the job."

The initial test for the MFCC will attempt to verify that the MFCC uses approximately 90% less power from the grid than the standard 36V, 16A golf cart charger. The MFCC will be tested against a standard 36V, 16A golf cart charger, charge and drain a 36v lead acid battery bank repeatedly for one week. "Legends expects this test to show that the longer you use the MFCC, the longer it will take to drain your batteries," said Sablon. Legends states that the MFCC tends to not heat the battery like the standard 36V, 16A golf cart charger. Not heating the battery has been shown to extend the life of the battery.

The MFCC is described as a state-of-the-art multi-function charging controller, which digitally and thermally continuously adjusts throughout its charging cycle. The device will automatically detect and charges 12, 24, 36, and 48VDC lead acid batteries utilizing complex charging algorithms in association with bi-directional feedback to attain the optimal charging sequence for each charging session.

As a reminder, the Zombie Chargers logo competition is still ongoing for a limited time. The winner will receive one of the first MFCCs manufactured in production. To find out more or to submit your logo visit: http://www.Zombiechargers.com.

One of Legends' new undertakings is overall transparency to its shareholders; visit our website under current projects to find updates on the MFCC. Visit: http://www.legendspower.com/current_projects.php.

About Legends Business Group

Legends Business Group, Inc. , was incorporated in March 2006 , and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information, please visit: http://www.legendspower.com.

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

Contact: Corporate / Investor / Public Relations: Rodolfo Sablon Phone: [phone] Email: Email Contact

Source: Legends Business Group, Inc.