DETROIT, July 22, 2009 (GLOBE NEWSWIRE) -- Energy 1 Corporation (Pink Sheets:EGOC) announced today that it has concluded its research and development agreement with the Aviron Institute of Technology.
According to the company, Aviron Institute of Technology will commit up to $1 million in tax credits and grants for the testing of Energy 1 commercial/residential and automotive units.
"Aviron not only has state of the art facilities, their professors are truly experienced and highly knowledgeable," said Robert Wilson, President of Energy 1 Corp. "Their team really completes our own and will truly benefit our company, expediting the release of our units to the market," further added Mr. Wilson.
About Energy 1 Corporation
Energy 1 Corporation is a U.S.-based Energy Research and Development Corporation, which is developing a long-life energy generator and storage systems for residential, commercial and transportation industry.
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