Electron Solar Energy Brings to Market New Proprietary Battery Line for Energy Storage
Posted on: Thursday, 17 May 2007, 12:00 CDT
Electron Solar Energy (Pink Sheets:ESRG), an international distributor of alternative energy systems, announced today it has released a new line of VRLA Storage Batteries. Through a partnership with a leading manufacturer in China, Electron has produced a line under the registered trademark "ELECTRON by Electron Solar Energy."
"This is a big step for the Electron brand," said President and CEO of Electron Solar Energy Christopher Quinn. "With the release of our own branded line of VRLA batteries, we were able to orchestrate an increase in product quality, while at the same time strengthening our brand awareness and profit margins. This will help to fill the pipeline with repeat orders as system batteries are due for replacement in years to come. The improved acquisition cost also permits us to pass some savings along to the customer, thus increasing market share and volume."
Two containers of the new batteries have been received into Electron Miami Distribution Center from the factory. With better than expected demand, specs for the third container are already being prepared.
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.
Source: Business Wire
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