Encore Energy Systems Grants Exclusive Technology License to Energy America Geothermal for the Persian Gulf States and USA Feder
09 Junho 2008 - 2:23PM
PR Newswire (US)
OXFORD, Miss., June 9 /PRNewswire-FirstCall/ -- Encore Energy
Systems (Pink Sheets: ENCS) announced today it granted an exclusive
patent license agreement with Texas LLC, Energy America Geothermal.
Under the terms of the Agreement, Encore Energy will exclusively
license its patent to Energy America Geothermal for projects
involving the USA Federal Government and the Persian Gulf. 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 a worldwide 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 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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