OXFORD, Miss., May 10, 2005 (PRIMEZONE) -- DeMarco Energy Systems of America (Pink Sheets:DMES) announces that it has initiated efforts to expand distribution and sales internationally. The company plans to create distribution and licensing programs for its patented technology and products throughout the Middle East and Europe. DMES's first geographical area of new distribution will be Israel, followed by the EU.
Israel is on the forefront of countries in the arena of water-related technologies, such as water treatment/desalination processes and is involved in joint projects with neighboring countries, namely Jordan, Turkey, and Greece. Israel has demonstrated a genuine interest in implementing unique geothermal solutions. DeMarco's Advisory Board recently made preliminary contacts with interested parties in Israel, in order to help establish marketing channels for our patented applications.
Planned multi-lingual web pages are expected to enhance our global reach in foreign countries. The Company will release additional details and dates as operations in these areas commence.
Anthony Welch, Chairman of DeMarco Energy and Modern Technology Corp (OTCBB:MOTG) added, "We are working very hard to expand the company's asset and revenue base and add new technologies to the portfolio. Expanding our footprint internationally is an important component to those efforts. The global crisis in energy is unprecedented. We stand on the vanguard of the search for alternative energy technologies and our partners around the world welcome our efforts."
DeMarco Energy is on a rapid growth and expansion track based upon revenue growth through key acquisitions, distribution and international licensing of its patented geothermal technology, and seeking acquisitions congruent with energy conservation and supporting industries. This strategy lays the groundwork for consistent introduction of energy-related technologies and continuing revenue growth for DeMarco and its shareholders.
About DeMarco Energy Systems of America, Inc.
DeMarco, a Modern Technology Corp (OTCBB:MOTG) portfolio company, expanded its business plan in 2004 to include energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, sales of energy conservation solutions. DMES currently has geothermal system installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. DMES's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit the company's web site at: http://www.demarcoenergy.com and http://www.moderntechnologycorp.com.
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.