Read
Energy 1 Corporation Concludes Merger Agreement With Vortex IP, Inc.
* Reuters is not responsible for the content in this press release.
BOCA RATON, FL, Apr 22 (MARKET WIRE) --
(PINKSHEETS: EGOC) Energy 1 Corporation announced today that it has
concluded its merger agreement with Vortex IP, Inc., a private Florida
Corporation.
According to the management of Vortex IP, Inc., Vortex IP, Inc. is a
leader in the evolving green economy business sector and intends, in
coordination with Energy 1, to manufacturer Vortex IP brands including
ExhausTek and IonTek, products that address the question of fuel economy
and emissions for the internal combustion motor.
"Vortex IP not only has state of the art technology solutions for
gasoline and diesel powered devices but has solutions for the emerging
alternative fuels such as Biodiesel and Biodiesel blends," said Dean
Stieger, President of Energy 1 Corp. "Their team really completes our own
and will truly benefit our company, expediting the release of our
technology solutions to the market," added Mr. Stieger.
About Energy 1 Corporation
Energy 1 Corporation is a US based Energy Research and Development
Corporation, which is developing energy and emission solutions for the
post carbon economy for the transportation industry.
Important Information
About Forward-Looking Statements in this press release may be
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they relate to
the company or its management, identify forward-looking statements. These
statements are based on current expectations, estimates and projections
about the company's business based, in part, on assumptions made by
management. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may, and probably will,
differ materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors, including those
described above. In addition, such statements could be affected by risks
and uncertainties related to the exploration for and development of
mineralized material, product demand, market and customer acceptance,
competition, pricing and development difficulties, as well as general
industry and market conditions and growth rates and general economic
conditions. Any forward-looking statements speak only as of the date on
which they are made, and the company does not undertake any obligation to
update any forward-looking statement to reflect events or circumstances
after the date of this release. Information on the Company's website does
not constitute a part of this release.
Contact:
Raymond T. Brown
Director
Energy 1 Corp.
(561)347-6462
Copyright 2010, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters