Easy Energy Inc. Updates Company Production Progress
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Company makes significant development in the production process LAS VEGAS, April 29 /PRNewswire-FirstCall/ -- Easy Energy Inc., (OTC Bulletin Board: ESYE), the sole owner of the Yogen(R) product suite, a line of highly innovative, compact, ergonomically efficient manpowered generators designed for use recharging portable electronic devices ranging from cell phones to laptop computers, announced today the following details regarding the production progress of the Yogen(R). Mechanical Parts: Product plastic cover tools - ready for mass production Internal mechanical parts tools - in process & will be ready mid-end of May '09 Metal parts tools will be ready end of April '09 Electronic parts & PCB: Tools are ready for mass production. Packaging: Design in process and will be completed for mass production early May 2009 Packaging samples will be ready end of May 2009 Connectors: 700 samples are ready for distribution. Production Schedule: The first pilot run of 1,000 units is scheduled for early June '09, with full mass production scheduled for the end June '09. Easy Energy's CEO, Guy Ofir, stated that "We are proud to say that all molds, tools & first pilot run Yogen(R) units are already fully paid for by the company. We did experience a small delay in production, but that was related to company engineers making continued improvements to the plastic mechanical parts (specially, the ratchet mechanism of the Yogen(R)). We now believe we have perfected a superior product and are now ready to fulfill our test run." Safe Harbor Statement This press release contains certain forward-looking statements. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product and service developments, future financial conditions, results or projections or current expectations. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. For example, when we discuss the Yogen production progress and schedule or when we say that we have perfected a superior product and are now ready to fulfill our test run, we are using forward-looking statements. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. Further information on potential factors that could affect our business is described in Part I, Item 1A, "Risk Factors" of our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. Except as otherwise required by law, Easy Energy, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. SOURCE Easy Energy Inc. Investor Relations, Falcon Financial Partners, LLC, 1-877-701-9880, for Easy Energy Inc.
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