LAS VEGAS, Dec. 9, 2014 /PRNewswire/ -- Geo Finance
Corporation (OTC: GEFI) announced today it has entered into an
agreement to acquire Enterprise Asset Management (EAM) an American
based developer and manufacturer of next generation power systems
including its Tanaris Power brand of advanced industrial vehicle
lithium-ion batteries.
Tanaris Power lithium-Ion batteries are designed and engineered
for industrial vehicle applications, delivering superior
performance, maximum safety, long-term reliablity and tremendous
flexibility. Tanaris Power batteries are an energy efficient
solution for today's demanding mission critical industrial vehicle
applications.
Mr. Keasberry, GEFI's CEO, and a novice engineer, stated "I am
very excitied about the Lithium-Ion battery technology EAM is
develpoing and building right here in the USA. Their battery systems are very innovative
and solve many of problems experienced in industries applications
where electric vehicles currently use Lead-Acid batteries. EAM's
custom Lithium-Ion batteries and their direct Lead-Acid replacement
batteries are going to have some very positive effects on corporate
energy ROI. We are looking forward to leveraging our teams
understanding of production with EAM's engineering knowledge to
prduce some really great products. I feel that EAM's current
management and their vision is a very good fit for us. We can't
wait to get started and have already begun outfitting the
production facilities."
About Geo Finance Corporation:
Geo Finance Corporation is a Florida entity established to develop and
invest in energy related projects including waste to energy,
geothermal collection fields, natural gas and petroleum production,
alternative energy production and storage. The administrative
office is based in Las Vegas,
NV.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the intentions, the
expected timetable for completing any transaction, benefits and
synergies of any transaction, future opportunities for the company,
expectations regarding the value and benefits of any transaction
and any other statements about Geo Finance Corporation's
managements' future expectations, beliefs, goals, plans or
prospects constitute forward-looking statements within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and other applicable securities laws. Any statements that are
not statements of historical fact (including statements containing
the words "believes," "plans," "anticipates," "expects," estimates
and similar expressions) should also be considered to be
forward-looking statements. Except as required by applicable law,
Geo Finance Corporation disclaims any intention or obligation to
update any forward-looking statements as a result of developments
occurring after the date of this document.
Contact:
shareholder@geofinancecorp.us
Brian Keasberry, CEO
GeoFinance Corporation
Investor Relations:
ir@geofinancecorp.us
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/geo-finance-corp-announces-move-into-manufacturing-state-of-the-art-power-systems-300006770.html
SOURCE Geo Finance Corp
