August 14, 2008
Atlantic Energy Submits Proposal for Substantial Solar Project With LIPA
Atlantic Energy Solutions, Inc (OTC: AESO) has teamed up with one of the largest solar installation companies in the country today to bid on an over 5 mega watt solar energy plant to the Long Island Power Authority. Atlantic Energy Solutions, Inc. (AESO) will build and maintain this plant for over 20 years and sell all of the GREEN POWER generated back to the Long Island Power Authority. This equates to saving 10,800,000 kwh per year or taking 1,515 automobiles off the road per year, as well as planting the number of acres of trees equal to 3,139.
Tim Brock, CEO of Atlantic Energy Solutions, says that this marks for a whole new business model that will generate recurring earnings for Atlantic Energy Solutions, Inc. (AESO) and its shareholders for over 20 years.About Atlantic Energy Solutions Inc.
Atlantic Energy, founded in 1992, is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.