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AESO Atlantic Energy Solutions Inc (PK)

0.0135
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atlantic Energy Solutions Inc (PK) USOTC:AESO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0135 0.0116 0.048 0.00 21:01:38

Atlantic Energy Solutions Partners With Evolution Solar on Solar Panels

04/12/2008 2:15pm

Marketwired


Atlantic Energy Solutions (PK) (USOTC:AESO)
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Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) is pleased to announce they are in negotiations to make Evolution Solar Corporation (PINKSHEETS: EVSO) their provider of photovoltaic (PV) panels for several of Atlantic Energy's current solar energy efficiency projects.

After conducting extensive research with a number of global manufacturers of PV panels, Atlantic Energy has concluded that securing an Asian manufacturing partner would be a key cost reduction strategy. A collaborative effort between Evoltion Solar and Atlantic Energy is essential to ensure obtaining the Underwriters Laboratories (UL) certification for these PV panels for sales and installation in the United States.

"PV projects are a very significant source of revenues with regards to construction and ongoing electricity sales for our company," stated Timoty Brock, Atlantic Energy Solutions' CEO. Mr. Brock contiunued, "Our relationship with Evolution Solar will play a significant role in helping us capture a larger market share of the PV business."

The worldwide PV industry has been growing steadily at 20-25% per year for the last 20 years. Competitiveness in the industry is defined by the ability to reduce panel costs and the lead time between ordering and delivery. The partnership between Atlantic Energy Solutions and Evolution Solar is a natural synergy for penetrating this multi-billion dollar market. This will allow Atlantic Energy to provide low-cost panels at sufficient volumes for large projects with a much shorter lead time than many of its competitors.

About Atlantic Energy Solutions Inc.

Atlantic Energy Solutions 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. Headquartered in Saratoga Springs, NY and with a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster savings at the consumer level.

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, but are not limited to, 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 any forward-looking statements.

CONTACT: Rich Inza ir@atlanticenergy.net 1-866-788-1600 www.atlanticenergy.net

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