Share Name | Share Symbol | Market | Type |
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Galenfeha Inc (PK) | USOTC:GLFH | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.035 | 0.016 | 0.035 | 0.00 | 00:00:00 |
FT. WORTH, Texas, March 6, 2015 /PRNewswire/ -- Galenfeha, Inc., (OTCBB: GLFH) will be presenting its line of patent-pending, LiFePO4 Golf Cart Batteries at the D/FW Golf Show this weekend in the Irving Convention Center, Los Colinas Texas. Over 5,000 golf Enthusiasts are expected to attend the Varsity Communications Event.
In a recent press release, the company announced it has developed and tested a battery system specifically designed for the golf cart industry that presents a paradigm shift in an environment historically dominated by lead/acid chemistry.
Galenfeha's new system enhances customer experience regarding physical maintenance, re-charge management, and a vastly improved form factor. The Galenfeha system requires no water and the OEM charging system is retained. Overall weight plays a huge role in the lifespan and performance of electric carts. The Galenfeha system answers the call with a solid 70% (335lb as tested) reduction in battery mass over conventional lead/acid units. Stable voltage and current delivery are crucial to the technology built into today's state of the art carts. The LiFePO4 chemistry in the Galenfeha product line delivers up to a 40% increase in usable voltage under the performance curve which stabilizes current demand under the most taxing of today's echelon level courses. Benefits include, but are not limited to:
James Ketner, Chief Executive Officer of Galenfeha added "This is the first public showing of our new battery technology specifically designed for golf carts. We have tested and proved this new product in strenuous environments, and are ready to commercialize the new system. When customers see what we have to offer, there will be little doubt as to the superiority of our environmentally friendly batteries. They are a clean, powerful alternative to what is currently available."
About Galenfeha, Inc.:
Galenfeha (OTCBB: GLFH) is a design, engineering, and manufacturing firm with a focus on stored energy and a conscious pursuit of low environmental impact product development. Galenfeha also proudly designs, manufactures and markets a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for Oil and Gas measurement and automation as well as a full line of proprietary chemical injection systems.
For more information on Galenfeha's products and services, please visit www.galenfeha.com.
Brian Nallin
President/Stored Energy
Galenfeha, Inc.
bnallin@galenfeha.com
318-525-5155
Forward-Looking Statements: Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and "appears," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization, or technological difficulties; the regulatory and trade environment; the impact of reimbursement rates and coverage; and the risk factors reported from time to time in the Company's SEC reports. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/galenfeha-presents-at-dfw-golf-show-300046578.html
SOURCE Galenfeha, Inc.
Copyright 2015 PR Newswire
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