Atlantic Energy Solutions, Inc. (OTC:AESO) is announcing they have signed a contract with an Energy Corporation to provide a Northern New Jersey Township and School District to begin an energy efficiency project that is worth over $18 million. The project includes a partnership to develop and maintain a one megawatt co-generation plant, as well as to put into operation a 700 watt solar plant which will produce electricity for 8 large municipal buildings in the town. This project is expected to get underway next month and will be the first of its kind in the State of New Jersey. Furthermore, it will be one of the largest revenue generating projects to date for Atlantic Energy Solutions. Timothy Brock, CEO of Atlantic Energy Solutions, said, �We are thrilled to be in this position to be pioneers in New Jersey with this particular type of energy efficiency project. We hope to blaze the trail in the state for the further development of similar types of projects in the future. We expect that this unique partnership will propel Atlantic Energy Solutions closer to the top of our sector.� Mr. Brock further commented, �The timing of this partnership is good news for our shareholders as it will ensure a strong surge in the company�s growth near the end of the year and will certainly boost our revenue expectations for 2009.� About Atlantic Energy Solutions Inc. Atlantic Energy, founded in 1992, is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster savings at the consumer level. This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Atlantic Energy Solutions (PK) (USOTC:AESO)
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