Terminus Develops Colorado Production Plans
15 12월 2010 - 10:11PM
Marketwired
Terminus Energy Inc (PINKSHEETS: TMGY) announced today that it is
moving forward with its plans to establish offices and laboratory
facilities in Golden, Colorado. The company expects to have these
facilities, that will be will be staffed by highly qualified
production development engineering personnel, to be operational
during the first quarter of 2011 in preparation for TE-50 unit
production operations.
The company anticipates that production of the TE-50 units will
begin in 2011. The production schedule has been structured to
reflect present U.S. capital market conditions.
Terminus CEO Dan Pratte stated, "The establishment of this
facility in Golden represents a significant milestone for our
company, allowing us to take advantage of robust technical and
logistical resources critical to TE-50 electric power generator
production."
About Terminus Energy Inc.:
Terminus Energy Inc. is developing the next generation fuel cell
technology for utilities. Our mission is to be the preferred
distributed energy generation platform supplier for our utility
customers. Terminus Energy's system provides many benefits to
prospective electric power providers; including commercial
utilities, industrial customers and the military. Terminus Energy
believes it has the advantage of low installation costs, low
operational costs, low carbon generation and minimal environmental
impact. The product is also energy efficient and scalable, allowing
any provider to incrementally grow capacity based upon their
specific needs. Terminus Energy provides an environmentally
friendly yet cost competitive power generation option able to
compete head-to-head with current generation platforms.
For additional information go to www.Terminusenergy.com
This press release contains certain "forward-looking"
statements, as defined in the United States Private Securities
Litigation Reform Act of 1995 that involve a number of risks and
uncertainties. Statements, which are not historical facts, are
forward-looking statements. The Company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
Company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all such
factors, factors that could cause actual results to differ
materially from those estimated by the Company. They include, but
are not limited to, the Company's ability to develop operations,
the Company's ability to consummate and complete an acquisition,
the company's access to future capital, the successful integration
of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from
time to time in the Company's public announcements.
For Further Information Contact: info@terminusenergy.com
Terminus Energy Inc. 631-828-2525 Terminus@Optimum.net
Terminus Energy (CE) (USOTC:TMGY)
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