LAS VEGAS, April 8, 2008 (PRIME NEWSWIRE) -- EnerBrite Technologies Group, Inc. (Pink Sheets:ETGU) is pleased to announce that the Company has signed a Joint Marketing Agreement with Big Apple Worldwide, Inc. (Pink Sheets:BPWI). The joint venture will assist both companies in the marketing, promotion, and sales of their respective products and services.
Under the Agreement, EnerBrite Technologies and Big Apple Worldwide have agreed to market, sell, and distribute each others products for a period of 24 months. The Company will retain a percentage of sales for every Big Apple Worldwide product it sells, and Big Apple Worldwide will, in turn, retain a percentage of sales on any energy management products they sell. The joint marketing venture will enable EnerBrite Technologies to expand its sales and advertising reach in order to meet its 2008 sales forecast.
"We believe that this Agreement is in the best interest of both parties involved. It establishes a very strong sales arm in Big Apple Worldwide and we feel that, with their track record for sales in highly visible hospitality and multi-unit residential establishments, they will significantly heighten awareness of our products," stated Ed Herbert, President and Co-CEO of EnerBrite Technologies Group, Inc.
"The Agreement will increase product awareness for both companies and potentially generate substantial revenue and sales leads for both parties. We have seen the difference that efficient energy and climate control systems can make in structures both large and small, and we firmly believe in the quality of EnerBrite's technologies," stated Neal Jablon, CEO and President of Big Apple Worldwide, Inc.
To find out more about Big Apple Worldwide, Inc., please visit: www.bigappleworldwide.com.
About EnerBrite Technologies Group, Inc.:
EnerBrite Technologies Group's focus is on introducing performance-related technologies designed to manage energy consumption and control demand. The EnerBrite product line consists of various technologies that not only have the capability of controlling energy demand, but can also be the foundation for reconfiguring base building systems. These technologies can substantially change the way building systems are installed and operated (e.g. domestic hot water, hallway ventilation, in-suite heating/cooling, etc.).
The Company recently announced that its status on Pinksheets.com has been upgraded to "Current Information." EnerBrite Technologies recently filed the information statement needed with Pinksheets.com to receive the upgraded status. "Current Information" listings on Pinksheets.com are awarded to companies that provide current information publicly available to the investment community.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.