X-Change Corporation Exceeds Sales Expectations First Quarter 2012-2013 at $2.4 Million for Industrial Equipment
(firmenpresse) - HOUSTON, TX -- (Marketwire) -- 09/24/12 -- X-Change Corporation (OTCQB: XCHC) announced today that Guardian Telecom, Inc. has already booked in excess of $2.4 million in sales contracts for 2012-2013 for its weatherized and industrialized telephone systems. A large portion of growth is due to increased demand from the oil and gas industry. The Company has forecasted a strong finish in sales contracts before end of first quarter, September 30, 2012.
Guardian Telecom is expected to exceed 150% growth over previous year with expectations exceeding $10 Million in sales versus last year. World population and income growth are the two most powerful driving forces behind the demand for energy causing the oil and gas industry to expand exponentially. Since 1900 the world population has more than quadrupled with primary energy consumption by a factor of 22.5. Guardian is expected to quadruple its sales in the oil and gas industry for 2012-2013 due to increased quantities of energy consumption.
Guardian Telecom, Inc. is a leader in the design and manufacture of industrial communication equipment for oil and gas companies for on and off-shore rigs, oil refineries, mining, nuclear and power facilities worldwide. Guardian Telecom has expanded markets in the petrochemical, chemical and manufacturing facilities. Guardian has manufacturing facilities in Calgary, Canada and has sales and technical support offices in the United States, UAE and Dubai.
About X-Change Corporation
X-Change Corporation is building interests in a broad range of oil and gas projects worldwide. The Company is an independent energy company engaged in the production, development, acquisition, exploitation and exploration of crude oil and natural gas.
About Guardian Telecom, Inc.
Guardian Telecom, Inc., based out of Calgary, Canada is the leader in the design and manufacturer of industrial communications equipment largely for the oil and gas, refinery, petrochemical, chemical, mining, nuclear and power facilities. Guardian's Explosion Proof products and components are designed to provide communications in Class 1 Division 1 and Class 2 Division 1 areas deemed to be hazardous due to the presence of flammable gasses, vapors, dust or fibers.
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations.
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Datum: 24.09.2012 - 12:58 Uhr
Sprache: Deutsch
News-ID 186012
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HOUSTON, TX
Kategorie:
Alternative Energy
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