City Capital Corporation -- Green Energy Expansion -- New Acquisition Offers Solar Power and LED Lighting Nationwide
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 01/12/12 -- Having a firm belief that Green Energy is a sound investment as a necessity for the world's future energy requirements, City Capital Corporation (PINKSHEETS: CTCC) has acquired Strategic Energy and Power (STEP), a Nevada-based startup that manufactures, installs, sells and distributes solar installations and LED lighting. It also has proprietary technology that promises to be the future of the industry.
"The company is particularly enthused about its adaptation for terrestrial use of solar generators previously used only in space applications," said company CEO Donald MacIntyre. "We're also in the process of patenting a system that captures off-angle solar energy without the use of a tracking device that will allow much more efficient and inexpensive generation of solar power. Green Energy is still in its infancy, and we're excited about becoming a leader in this growth industry."
With distribution and installation agreements already in place, the company offers solar and LED installation for both residential and commercial applications around the country. Talks are upcoming with several Native American entities for systems to meet their needs, and plans are underway to bid competitively for governmental contracts.
Safe Harbor Statement - This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovations, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not o place undue reliance on these forward-looking statements, which speak only as of the date hereof. City Capital Corporation, does not intent to update any of the forward-looking statements after the date of this release to conform these statement to actual results or to changes in its expectation, except as may be required by law.
Contact:
Donald MacIntyre
702-294-0111
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Datum: 12.01.2012 - 14:00 Uhr
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News-ID 103589
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