Encore Energy Systems Announces Caribbean Geothermal Sales Initiative
Alliance partner in Caribbean
Oxford --July 25, 2007 -- - Encore Energy Systems Inc. , a rapidly growing diversified energy company, announced today its plans to expand its sales and distribution of its geothermal heating and cooling systems to the Caribbean.
The company intends to open new sales offices in a soon to be announced port city located within the Caribbean islands. The port city will be ideally located for shipping of geothermal units and subsequent shipping to other Caribbean islands. The Company has secured an alliance partner relationship with a construction company in the region to handle all importation and installation of the systems.
Anthony Welch, Chairman, said "As promised we are expanding our operations to other markets. We have a firm foundation in the USA and now extend our reach. The Caribbean market for new construction is growing and energy costs are increasing. Our geothermal systems are ideal for the market as electricity is typically 25 cents per kilo-watt hour or more."
Ongoing Business Development
We actively recruit qualified alliance partners. We target businesses partners involved in home construction, architects and HVAC to join us and establish new operating companies in all areas of the USA, Caribbean and Europe.
Encore Energy Systems Inc. is on a rapid growth and expansion track based upon revenue growth through key acquisitions, energy technology distribution and seeking acquisitions congruent with energy conservation and supporting industries. This strategy lays the groundwork for consistent introduction of energy-related technologies and continuing revenue growth for the company and its shareholders.
About the Company
Encore Energy Systems Inc. (formerly Energy Vision International) grows through energy-related acquisitions, marketing its patented geothermal water- air heating/cooling systems, and sales of energy conservation solutions.
The company's geothermal marketing unit, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. Encore's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.encoreenergyinc.com.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.