OXFORD, Miss., Aug. 31, 2005 (PRIMEZONE) -- DeMarco Energy Systems of America (Other OTC:DMES) issued an update to stockholders.
Expanded Business Plan:
The Company has expanded its business plan to include the acquisition of energy-related technologies and energy-related operational companies. The company is executing this plan and expects to release results of its activities soon. The company is on a rapid turn-around path and will seek to re-list its stock on the OTCBB and become fully-reporting in the near future. The company is preparing its accounts for audit now and will apply for re-listing on the OTCBB as soon as is practicable.
Corporate Branding and Alliances:
The company is actively engaged in increasing its brand awareness as well as enhancing the brand and image of the company as a energy acquisition company. The company anticipates expanding its brand and image into new areas and will release its corporate re-imaging details in the very near future. The company has forged several new strategic alliances for both energy acquisitions as well as sales of its existing technology. The company will release details and results of these alliances in the near future.
Energy Related Acquisitions:
The company has potential acquisitions lined up now. We expect to close on these acquisitions soon. These acquisitions will add both revenues and assets to the company. The company's acquisition strategy is anticipated to rapidly grow revenues and assets over the next 12 months.
New Product Lines:
The product lines will be available through the company's web site and through the company's newly formed direct sales and order department. Inventory management and distribution will be handled by newly formed strategic alliances with key partners specializing in product inventory and distribution.
DeMarco Energy is on a rapid growth and expansion track based upon revenue growth through key acquisitions, energy technology 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 Energy Systems 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
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.