DETROIT, Aug. 5, 2009 (GLOBE NEWSWIRE) -- Energy 1 Corporation (Pink Sheets:EGOC) announced today that Hilbroy Advisory Inc. has published its initial research report.
The initial research report by Hilbroy Advisory provides details on the company's ownership structure, financial projections and resulting stock valuation matrix. Hilbroy Advisory plans to publish updates of the research on a quarterly basis and upon material events which may affect the valuation of the company.
"Energy 1 will benefit from the publishing of a research report by a firm such as Hilbroy Advisory since investors will be able to receive a different perspective on our company's future and its potential valuation," said Robert Wilson, President of Energy 1 Corp. "The research report coupled with our progress report will truly help our shareholders, potential shareholders and stakeholders in their decision-making process," further added Mr. Wilson.
About Energy 1 Corporation
Energy 1 Corporation is a US-based Energy Research and Development Corporation, which is developing a long-life energy generator and storage systems for residential, commercial and transportation industry.
Important Information
About Forward-Looking Statements: Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Company's website does not constitute a part of this release.