Electron Solar Energy Announces Continued Record Growth
Electron Solar Energy (OTC:ESRG), an international distributor of alternative energy systems, announced today that record growth in sales continues. The company expects to release financial results for the fourth quarter of 2007 next week. The Company voluntarily files detailed, quarterly reports on http://www.pinksheets.com and expects Fourth quarter statements to be posted shortly.
The Company attributes increased revenues to sales gained from new Bid and Contract business, plus the strategic acquisition of Express Communications Supply, www.expcomm.com announced 1/31/08. This progress compliments sales from existing core customers, new sales from solar panel systems, new distributor partners in new territories, and the advancement of shipping and inventory methods. President and CEO of Electron Solar Energy Christopher Quinn, said, “We are really excited about the early indications for our sales volume and profits this year. In this quarter our financial statements will realize the addition of our new division which adds significant revenues and profits, as well as manufacturing synergies.” The Synergies between the two companies are already impacting Electron’s supply chain, as some of the components for bid sales are being manufactured at Express.
About Electron Solar Energy
Electron Solar Energy, based in Miami, Florida, is engaged in the international distribution of alternative energy systems. The Company’s turnkey solutions provide solar and wind energy generation, as well as energy storage systems sold B2B and B2C worldwide. The Company also sells a proprietary line of sealed batteries, inverters, converters, Solar Panels, Related components, and gas and diesel fuel generators. For more information on the Company, visit www.electronsolarenergy.com.
For investor relations, visit http://www.otcfn.com/esrg.
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.