Terminus Energy Inc. to Commercialize
June 23 2011 - 7:31AM
Marketwired
Terminus Energy Corporation (PINKSHEETS: TMGY) announced today that
it has entered into an agreement with a Colorado advanced
technology company to commercialize the Terminus TE-50 distributed
electric power generator using that company's demonstrated next
generation advanced proprietary SOFC technology. The Colorado
Company has a proven track record of successfully commercializing
cutting edge electric power generation products. Terminus CEO Dan
Pratte, stated, "This technology will literally leapfrog all
existing SOFC technologies that we know of by reducing production
costs dramatically while significantly increasing system
robustness. While initially using pipeline natural gas as the
primary fuel feed stock, these fuel flexible SOFC systems can
operate directly on virtually any hydrocarbon based fuel. Terminus
will be able to compete in virtually all domestic and international
markets as a supplier of reliable low-cost distributed electric
power generation capacity. The significance of this agreement
cannot be overstated." Mr. Pratte declined to name the Colorado
Company at this time, citing confidentiality concerns.
About Terminus Energy: Terminus Energy
Inc. is manufacturing, marketing and distributing next generation
fuel cell technology for utilities. Our mission is to be the
distributed energy generation platform supplier for our utility
customers. The Terminus Energy TE-50 system provides many benefits
to prospective electric power providers; including commercial
utilities, IPPs, industrial customers and the military. The TE-50
has the advantage of low installation costs, low operational costs,
low carbon generation and minimal environmental impact. The product
is also energy efficient and scalable, allowing any provider to
incrementally grow capacity based upon their specific needs. The
aforementioned benefits will both positively impact the customer's
bottom line and improve their environmental image.
Terminus Energy Inc. plans to manufacture, market and sell
"TE-50" power generation units that will be ready for distribution
in 2012. Terminus Energy's products help solve the problems of
electric energy producing companies. This is done through
point-of-use utility operated fuel cell units that seamlessly
integrate grid parallel distributed electric power production
capacity with the existing utility distribution infrastructure.
For additional information go to www.Terminusenergy.com
This press release contains certain "forward-looking"
statements, as defined in the United States Private Securities
Litigation Reform Act of 1995 that involve a number of risks and
uncertainties. Statements, which are not historical facts, are
forward-looking statements. The Company, through its management,
makes forward-looking public statements concerning its expected
future operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
Company's best judgment based upon current information and involve
a number of risks and uncertainties, and there can be no assurance
that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all such
factors, factors that could cause actual results to differ
materially from those estimated by the Company. They include, but
are not limited to, the Company's ability to develop operations,
the Company's ability to consummate and complete an acquisition,
the Company's access to future capital, the successful integration
of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from
time to time in the Company's public announcements.
For Further Information Contact: Terminus Energy Inc.
631-828-2525 Info@Terminusenergy.com
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