OXFORD, Miss., April 29, 2009 (GLOBE NEWSWIRE) -- Encore Energy Systems (Pink Sheets:ENCS) anticipates demand for eco-friendly fuels to rise in line with aggressive commitments made by the G20 leaders and USA Administration priorities. The Company anticipates the strong price inflation effects of the USA's stimulus package will concentrate most notably in energy commodities over the coming 24 months. This demand will support Encore Energy's biodiesel, geothermal, and its other alternative energy and energy efficiency initiatives.
Encore's portfolio is well positioned to capitalize on projected increased demand for eco-friendly fuels and related green technologies. In anticipation of explosive demand, the Company continues targeting distressed biodiesel asset purchases and biofuel production and distribution agreements. The Company has soon to be announced programs in Combined Heat and Power (CHP) and in the emerging energy-saving technology sectors.
The Company is confident its strategy will lead to continuing increase in stockholder value and believes it is well positioned in the alternative fuel and energy conservation sectors.
The Company will soon release additional news on:
- Continuing acquisition of biodiesel facilities and joint-ventures with biodiesel production plant - New web sites, corporate image, and published business plans - Electric Power co-generation technology and related systems - Low-to-zero-emission, Multi-Fuel electric power generation - Solar energy technology and related product lines
About Encore Energy and BioConversions
ENCS is an international aggregator of bio-diesel reactor technology, fuel distribution, production systems and fuel production facilities.
The Company also owns the patents for the use of grey-water, and domestic water in heat exchanger systems. They also provide all forms of conventional geothermal heat exchange systems. See our video at http://www.encoreenergyinc.com. The Company licenses its patented technology to other energy-related businesses.
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. The company's website version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.