SILVER SPRING, MD--(NewMediaWire - Feb 14, 2017)
- Premier Products Group,
Inc. (OTC
PINK: PMPG) (the "Company" or "Premier") today announced
they have successfully closed the acquisition of Satic Incorporated
("Satic") (www.saticusa.com). The Company will apply
for a name and symbol change to reflect the new business. Mr.
B.D. Erickson will assume the position of CEO with Clifford Pope
staying in a transitional position for the next 30 days.
Satic is uniquely positioned to begin mass commercialization of
several products developed over the years inclusive of the Satic
Power Perfect Box as well as new industry specific solutions to be
launched in the near future. The Company believes the
scalability of these products is significant.
As terms of the transaction, Satic will receive a class of
preferred stock, which represents 65% of Premier Products Group,
Inc. Full terms and conditions can be found in the 8k
filing.
Please look for Mr. BD Erickson on CEOLIVE.tv on Thursday of
this week to introduce Satic to investors. Satic USA will also be
bolstering our website to include an "Investor Information"
section, as well work to enhance our social media programs as we
roll out our products and look to educate consumers on the features
and benefits.
About Premier Products Group Inc.
Premier Products Group Inc. (PMPG)
is an early stage product development company.
About Satic USA
Satic USA are American engineers, designers and manufacturers of
innovative energy saving products, headquartered in Missoula,
MT.
As manufacturers we are absolutely driven to produce the finest
line of products in our sector and take tremendous pride in
engineering to the very highest standards of performance.
To that end Satic sets itself apart by taking a fresh look
engineering approach to traditional issues, sourcing the latest
components available, choosing high quality build materials and
assembling to six sigma standards. That culmination has resulted in
the power perfect line, offering unparalleled features and benefits
in the most effective yet affordable and scalable package on the
market at any price. As a result of our superior engineering and
design, we feel we have no real competition in our market space. A
space currently exploding as the result of factors including
raising utility costs, increased electrical demand and the growing
concerns related to dirty electricity.
We have a complete line of plug-in and wire-in power
conditioners designed to clean electrical service and save money.
No other system has our unique circuit board integrated design,
allowing it to be smaller, modularly scalable and affordable; yet
still more effective than anything else on the market.
Every Satic Power Perfect Energy Saver is manufactured in the
U.S.A. of top quality components with meticulous build quality,
guaranteed performance and warranted against failure.
Satic Pulse quantum photon lighting technologies proprietary
driver design is unequaled in the market today, offering the finest
line of energy conscious lighting available.
We have applied our advanced wave-form technology to high
quality lighting and partnered with the east's leading lamp
manufacturer to produce an incredibly beautiful, full spectrum
light that uses very little electricity and lasts for years.
Lastly, we have our Satic Solar Power Pod, modular and fully
assembled remote power supply.
Satic's Power Perfect line are not to be confused with anything
else on the market as we are the exclusive manufacturers and
trademark holders of our proprietary technology and product
line.
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995. Statements contained in this release that are not
historical facts, including, without limitation, statements that
relate to the Company's expectations with regard to the future
impact on the Company's results from new products in development,
may be seemed to be forward-looking statements. Words such as
"expects," "intends", "plans", "may", "could", "should",
"anticipates", "likely", "believes" and words of similar import
also identify forward-looking statements. These statements are
subject to risks and uncertainties. Forward-looking statements
are based on current facts and analysis and other information that
are based on forecasts of future results, estimates of amounts not
yet determined and assumptions of management. Readers are
urged not to place undue reliance on the forward-looking
statements, which speak only as of the date of the
release. Except as may be required under applicable law, we
assume no obligation to update any forward-looking statements in
order to reflect any event or circumstance that may arise after the
date of this release.