CGE Energy Announces Engagement of Marcum LLP as Auditors for FYE September 30, 2018

DETROIT, Nov. 14, 2018 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI), the leading engineer of no capital cost energy solutions, has engaged Marcum LLP, one of the largest independent registered public accounting and advisory services firms in the nation, to perform the audit of CGE’s financial statements for the fiscal year ended September 30, 2018.

The Audit Committee of the CGE Energy Board of Directors engaged Marcum LLP following an extensive evaluation process of top audit firms.

“We are extremely pleased to select Marcum as our independent public accounting firm. Marcum brings their reputation and expertise along with a proven track record to provide comprehensive audit work," said Mark Cecil, CGE’s Chief Operating Officer. “Our team is looking forward to working with Marcum and ensuring the joint effort will result in a solid foundation to CGE’s next steps of growth."

CGE’s move to an independent accounting firm with the national recognition and global reach of Marcum LLP is an important step within CGE’s growth plans.

About CGE Energy, Inc.

CGE Energy, Inc. makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy projects with no upfront cost. CGE hand-selects the very best facilities to partner with and turns their wasted energy into immediate and continuous savings for the customer. By uniquely selling sustainability-as-a-service, CGE’s proprietary Sustain business model delivers an exclusive combination of today’s best energy efficiency and sustainable energy generation technologies, including CGE’s exclusive WIND•e20® wind turbine.

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About Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.

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Forward-Looking Statements
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements.

Investor Relations Contact:

Andrew Barwicki
Barwicki Investor Relations, Inc.
Phone: 516-662-9461