Kender Energy Signs Malta LOI Agreement for 1000 Units Minimum Annually Sales Commitment for Its Solar Technology, With Markets
19 Novembro 2009 - 7:00PM
Marketwired
Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has
signed a Letter of Intent (LOI) with Malta Licensing &
Distribution Network S.A. (MLDN), a Maltese based international
distributor with exposure into over 12 countries world-wide.
The earlier discussions with Malta Licensing & Distribution
Network have resulted in an increase from the original 500 units
per year to 1000 units per year minimum sales, in the definitive
Letter of Intent (LOI).
"With distribution into North Africa, Greece, Turkey, the Middle
East and the UAE the LOI agreement with Malta Licensing will
accelerate our growth into these very important international
markets," stated Sean Kelly, President and CEO of Kender Energy
Inc. Mr. Kelly further states, "We welcome Malta Licensing and
Distribution on the Kender Energy team with the goal to further
populate the international world with our cutting edge solar
technology."
About Kender Energy Inc.:
Kender Energy Inc. is a development phase company active in the
field of solar energy. Its present prototypes of solar panels are
being developed into a full-scale solar energy production system.
The particularity of the Kender solar panel system and technology
is to allow, via a closed circuit of gas (usually helium), to
create a heat exchange with the sunlight and the air from the
environment. The exchange generates the spinning of the helium gas
in the closed circuit, propelling a turbine, which produces
electricity in a 100% clean and renewable process. The system's
main advantages are that it is efficient, cheap in production, and
modular. The company is based near Geneva, Switzerland. Its Website
is www.kendersolar.com.
Safe Harbor Statement:
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct. A
number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
For more info contact: Annex Investor Relations Services
KNDR@Annex-IR.com +1 (647) 351-7477 Kender Energy Inc. Sean Kelly
President (41) 22 700 7648 investors@kenderenergy.com
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