Encore Energy Systems Grants Technology License to Energy America Geothermal
19 Maio 2008 - 11:14AM
PR Newswire (US)
OXFORD, Miss., May 19 /PRNewswire-FirstCall/ -- Encore Energy
Systems (Pink Sheets: ENCS) announced today it entered into a
patent license agreement with Texas LLC, Energy America Geothermal.
Under the terms of the Agreement, Encore Energy will license its
patent to Energy America Geothermal. The Company will receive a
royalty from installed systems based on total installation value.
Encore and Energy America intend to enhance the current license
agreement to an exclusive license in the future. About Encore
Energy Encore Energy owns the patents for the use of grey-water,
and domestic water in heat exchanger systems. They also provide all
forms of conventional geothermal heat exchange systems. See video
at http://www.encoreenergyinc.com/. About Energy America Geothermal
Energy America Geothermal is a full spectrum geothermal resource
developer and service company. The company's web address is
http://www.energyamericageothermal.com/. Energy America Geothermal
is a subsidiary company to Energy America Inc., an energy
investment and opportunity Development Company that provides a
flexible, market responsive vehicle that identifies and unites
energy related opportunities with the resources necessary to ensure
the opportunity is realized and incubated to success. The company's
web address is: http://www.energyamericainc.com/. Safe-Harbor
Statement This press release contains statements (such as
projections regarding future performance) that are forward-looking
statements as defined in the Private Securities Litigation Reform
Act of 1995. Actual results may differ materially from those
projected as a result of certain risks and uncertainties. The
company's web-site version of this press release contains various
RISK FACTORS (and are incorporated herein by reference) and should
be read before any investment decision. Investor Relations:
Contact: Encore Energy Systems, Inc. Investor Relations
1-888-234-0963 DATASOURCE: Encore Energy Systems, Inc. CONTACT:
Investor Relations of Encore Energy Systems, Inc., 1-888-234-0963,
Web site: http://www.encoreenergyinc.com/
http://www.energyamericainc.com/
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