|By Marketwired .||
|January 9, 2013 10:09 AM EST||
NEWARK NJ -- (Marketwire) -- 01/09/13 -- Today's Alternative Energy (OTCQB: TAEC) announced today it has signed a letter of intent to acquire Star Mechanical, an energy efficiency and HVAC company based in New Jersey. TAEC believes that the addition of Star, which will be a cash and stock deal, will help broaden their offerings, expand their product lines, while keeping with their mission of Alternative Green Energy Exportation and Products. With the addition of Star Mechanical, TAEC will also benefit with the joining of John Fullam, CEO of Star, who will bring his thirty plus years of industry experience by joining TAEC's senior management team with a three year contract. "This is a tremendous opportunity for TAEC as we enter into this critical phase of growth," says Albertus Hendrik Van Leiden, CEO of Today's Alternative Energy. Mr. Van Leiden further added that "We are very excited and look forward to the smooth and effective transitioning of Star Mechanical into the folds of the ever growing TAEC family and what it means to us as a 'Green Company.'"
Star, having already been revenue producing for nine years and profitable for the last five years, will be an immediate source of revenue and profits to TAEC.
Today's Alternative Energy Corporation (TAEC) is a public company that has specialized in exploring for new green, non fossil fuel energy sources which benefit their clients while causing no harm to our planet.
If you are interested in learning more about this innovative company, please reference their stock symbol TAEC or visit our website at www.taec.biz or contact us by email at firstname.lastname@example.org. Phone, 866-412-5777
This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulations.
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