Easy Energy, Inc. Announces First Sale of the YoGen(R) Charger, Signs Exclusive Distribution...
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Easy Energy, Inc. Announces First Sale of the YoGen(R) Charger, Signs Exclusive Distribution Rights for the U.K. and Ireland LAS VEGAS, May 18 /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 recharging portable electronic devices ranging from cell phones to laptop computers - announced today that it has signed an exclusive Distribution and Marketing Agreement for the YoGen(R) in the United Kingdom and Ireland. Easy Energy, Inc. has contracted with Green Pulse Trading Limited to be the sole distributor and marketer for these territories. Green Pulse Trading Limited has agreed to purchase a minimum of 150,000 units annually or more than $2,500,000 with an initial Purchase Order of 1,000 units of the YoGen(R). All subsequent Purchase Orders will be for a minimum of 10,000 units and all payments will occur in advance of delivery for the initial and all future orders. Easy Energy's CEO, Guy Ofir, stated that "We are pleased to announce the expansion of distribution for the YoGen(R) product suite into both the United Kingdom and Ireland. This is a clear indication of the high demand for our products and will open up new revenue streams for Easy Energy, Inc. We are excited to be executing on our business strategy and to be opening up our suite of products to the global market." About Easy Energy: Easy Energy, Inc. (OTCBB: ESYE) is the sole owner of the YoGen(R) product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable. Included in the product line are the basic YoGen(R), a slim, pocket-sized charger for small devices such as cell phones, GPS, iPODs, etc., which is operated by a convenient pull-cord; the YoGen Max(TM), a compact, fold-up foot-driven charger for laptop computer sized devices which also includes its own battery pack; and the most recently prototyped YoGen Bat(TM), which will replace a conventional cell phone battery and provide pull-cord charging capability without the need for a stand-alone charger. The chargers have advanced the user friendliness and economics of this technology to the point at which they become eminently practical and desirable as a means to fill a void in an almost limitless market. The company is headquartered in Las Vegas, Nevada with offices in Naariya, Israel. For more information on our company and innovative YoGen(R) product suite, please visit our corporate website at: http://www.easy-energy.biz 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. 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 under the heading "Risks Related to Our Business" in Part I, Item 1, "Description of Business" of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007 and in our registration statement on Form S-1 no 333-150468, which was declared effective on October 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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