EGOC Energy One Corporation (CE)

Wider Patent Application: E1 announced further development of its new patent pending from Vortex IP in September. It was also revealed that the wider application means a larger target market can now be addressed, namely the small to medium sized diesel truck and bus market. Management believes that as the price of fuel continues to increase over the next 18 to 24 months the small diesel engine market will also see continued growth at the expense of the gasoline engine market for the both trucks and cars. This will naturally also see a wider market potential for the Company's emission and fuel saving devices applications at E1.

Manufacture selected: Nieder Fabricating Solutions out of St. Louis was selected by the company as the Company's first choice for manufacturing the ExhausTek and IonTek emission and fuel saving devices. The Company's President Dean Steiger has been working closely with the NFS team and on a manufacture budget cost template. Mr. Steiger is pleased to say, "We are meeting and in some instances besting the Company's cost budget estimates which is very encouraging on a going forward basis."

Financing: The next phase of the company's development is procuring the necessary short and long-term financing to enact the Company's business plan. "We are currently pursing all financing options to facilitate our ability to grew," stated Raymond T. Brown II, Chairman of Energy 1.

Emission Laws widening: In early October the Canadian Environment Minister the Right Honorable Jim Prentice announced that the Canadian Emission Laws and Standards would follow the example set by the U.S. Government and in particular the California standards. While only 1/10th the size of the total U.S. market this is a significant signal to the industry that a wider application of emission standards is now shared by two of the world's largest economies in both dollar and geographic terms.

"We will let you know as things continue to develop at E1 your 'one stop for Emission and Fuel saving solutions,'" stated Raymond T. Brown II, Chairman of Energy 1 Corp.

About Energy 1 Corp:

Energy 1 Corporation is a U.S. based Energy Research and Development Corporation, specializing in the development of energy and emission solutions for the post carbon economy for the transportation, institutional and multi-unit residential industries.

For more information about EGOC visit: www.energy1corp.com.

Forward-looking Statement: Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services to be offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating efforts.

For more info, contact: Mr. Dean Steiger: President info@energy1corp.com +1 (248)351-1745

Energy One (CE) (USOTC:EGOC)
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Energy One (CE) (USOTC:EGOC)
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From Feb 2024 to Feb 2025