MIAMI BEACH, Fla., Feb. 28, 2005 (PRIMEZONE) -- Energy Telecom, Inc. (Pink Sheets:EYTL) announced today it has named Mr. Jose Arriaga to the position of Vice President, Project Management.
Mr. Arriaga brings to the Company more than fifteen years of engineering and manufacturing management experience. Mr. Arriaga previously served at Pepsi-Cola as Director of Manufacturing in the Caribbean and the United States, and was with Americ-Disc in Miami, one of the largest independent CD manufacturers worldwide.
Mr. Tom Rickards, president of Energy stated, "I firmly believe Mr. Arriaga's experience and comprehensive understanding of manufacturing, and the eyewear markets, will assist Energy and its partners in bringing the company's patent-protected personal telecommunication products to the marketplace."
About Energy Telecom, Inc.
Energy Telecom holds United States and foreign patents designed to provide leading global manufacturers of cellular radio products, industrial protective eyewear, and optical projection technology with the means of offering the world's first hands-free two-way, intelligent, miniaturized, wireless personal telecommunication eyewear. These eyewear products will serve not only the cellular communication markets, but will also be worn by police, fire-rescue, military and security personnel as well as those working in the bio-hazardous, mining, construction and heavy-manufacturing markets.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Energy Telecom, Inc. (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, if applicable, are statements regarding the intent, belief or current expectations, estimates or projections of the Company, its Directors or its Officers about the Company and the industry in which it operates, and are based on assumptions made by management. Forward-looking statements include, without limitation, statements regarding: (a) the Company's strategies regarding growth and business expansion, including future acquisitions; (b) the Company's financing plans; (c) trends affecting the Company's financial condition or results of operations, including the interest rate environment and the availability of capital; (d) the Company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the Company's ability to respond to changes in customer demand and regulations. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) changes in the competitive marketplace that could affect the Company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iii) changes in technology or customer requirements, which could render the Company's technologies noncompetitive or obsolete; (iv) new product introductions, product sales mix and the geographic mix of sales.
The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise.