BOCA RATON, Fla., Dec. 12, 2011 /PRNewswire/ -- Energy 1
Corporation (OTC: EGOC) is pleased to announce
the Board of Directors has approved a plan and resolved to
move forward with a Private Equity firm in a definitive agreement
for acquisition of Common Stock in Energy 1 Corporation.
The capital infusion will be utilized to integrate the ExhausTek
& IonTek product lines into newly acquired equipment, which
will then be leased or sold through our exclusive agreement with
Master Lease, Inc. The ExhausTek is the world's first Vortex
Field Ionizer (VFI) for emission reduction, replacing two
alternative components, the diesel particulate matter filter (DPF)
and a NOx trap. Using the IonTek, either alone or in part
with the ExhausTek, improves performance, reduces emissions and
increases fuel economy.
In correlation with the plan approved and resolved by the Board
of Directors we have entered into an agreement with The Nuemark
Group, LLC, a full service Financial Communications and Consulting
firm. "Bringing Nuemark on as our firm is a major part of our
commitment to transparency and the emphasis on growth that this
plan provides," said E1 Chairman, Mr. Brown after the execution of
the Board resolution.
About The Nuemark Group, LLC
The Nuemark Group, LLC is about capital growth via research,
procedures, steps, and processes involved in successful small cap
enterprises by providing solutions to investors, media publishers
and client-corporations. "Our mission is to structure
relationships between an immense international demographic of
active investors seeking opportunities and publicly traded
companies who seek those very investors."
About Energy 1 Corporation
Headquartered in Boca Raton,
Florida, E1 is a manufacturer of fuel efficiency and
emission reduction solutions for retrofit on diesel powered
equipment.
For more information, please visit:
www.Energy1Corp.com
Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. 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.
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CONTACT:
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Investor
Relations
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The
Nuemark Group, LLC
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(www.nuemarkgroup.com)
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Toll-Free
(888) 878-1949
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EGOC@NuemarkGroup.com
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SOURCE Energy 1 Corporation