TORRANCE, Calif., Sept. 15, 2011 /PRNewswire/ -- Terminus Energy
Inc. (TMGY.PK) Terminus Energy Corporation announced today that all
commercialization targets for the Terminus TE-50 distributed
electric power generator are on schedule. Terminus CEO
Dan Pratte stated, "We are meeting
all target dates for our commercialization work. We know our
efforts have yielded technology advancements that have never before
been achieved with presently operating Solid Oxide Fuel Cell (SOFC)
technology. Our company is in a position to enter the
distributed energy market place with the first SOFC based power
generation systems that require no government subsidy or tax credit
for economic viability."
About Terminus Energy:
Terminus Energy Inc. is marketing and selling next generation fuel
cell technology to a diverse customer base. Our mission is to be
the preferred distributed energy generation platform supplier to
the electric power industry. 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 extremely energy efficient and
scalable, allowing any provider to incrementally grow capacity
based upon their specific needs. The aforementioned benefits will
greatly increase the customer's bottom line while significantly
reducing the impact of power operations on the environment.
Terminus Energy Inc. plans to manufacture "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
commercially operated fuel cell units that seamlessly integrate
grid parallel distributed electric power production capacity into
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
SOURCE Terminus Energy Inc.