Power-Save Energy Corporation Announces Name Change and Special Shareholder Program for Its KVAR PU-1200 (US Patent 5,440,442) Energy Saving Device
Posted on: Wednesday, 30 November 2005, 15:00 CST
SAN LUIS OBISPO, Calif., Nov. 30 /PRNewswire-FirstCall/ -- Power-Save Energy Corporation (Tabatha V Inc.) announced this morning that it has effected a name change from Tabatha V, Inc. to Power-Save Energy Corporation.
Additionally, management announced that Power-Save Energy Corp. will instigate a Special Shareholder Program for its KVAR PU-1200 (US patent 5,440,442) Energy Saving Product. Each Power-Save Energy Corp. shareholder of record as of June 1, 2006, who owns a minimum of 20,000 common shares of Power-Save Energy Corp. will receive directly from the Company a Certificate entitling that shareholder to receive one free KVAR PU-1200. The Company will request a registered shareholder list from its Transfer Agent on June 1, 2006 and send out one Certificate to each shareholder listed who holds a minimum of 20,000 shares.
About Power-Save Energy Corp.
Power-Save Energy Corp. is a marketing company dedicated to the mass market sale of energy saving products for homeowners. We intend to market quality, tested products and to continue to seek out and offer innovative new energy saving products to the consumer.
Power-Save Energy Corp. is utilizing the power of television to market the products. Our products will be sold via targeted DRTV (direct response television commercial) to consumers. Power-Save Energy Corp. intends to begin marketing the KVAR PU-1200 via a DRTV television commercial in early January 2006. The KVAR PU-1200 product is intended to reduce homeowner's electricity consumption and therefore reduce their monthly electric utility bill. In previous installations, some homeowners have enjoyed monthly savings of up to 25% on their home electric utility bill.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Power-Save Energy Corporation
CONTACT: Michael Forster, CEO, President of Power-Save EnergyCorporation, +1-866-297-7192
Web site: http://www.power-save.com/
Source: PRNewswire-FirstCall
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