Encore Energy Systems Enters Into Teaming Agreement with Energy America Geothermal |
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Encore Energy Systems
3495 OAK KNOLL DR
BRIGHTON, MI, 48114-4906
USA
Press release date: February 14, 2008
BRIGHTON, Mich., Feb. 14 -- Encore Energy Systems (Pink Sheets: ENCS) announced today it has entered into a formal agreement with Texas LLC, Energy America Geothermal to collaborate on future commercial geothermal installations.
Under the terms of the Teaming Agreement, Encore Energy and Energy America Geothermal will jointly cooperate on high value commercial geothermal installations. Furthermore, Encore will grant Energy America Geothermal non-exclusive rights to promote the companies' patented Energy Miser System.
The parties to the agreement will combine its recourses and expertise on selected projects on a case by case basis. The aim of the teaming agreement is to capitalize on the strengths of both companies and speed up the turnaround of our multi million dollar sales pipeline.
Encore Energy will provide Energy America Geothermal with access to our engineering design team for customers requiring connection to waste or municipal water installations. In return, Energy America Geothermal will aggressively promote the patented Energy Miser solutions to decision makers in government and US Military. Additionally, the close working relationship with Energy America Geothermal is expected to strengthen our ability to leverage finance to fund many of the $10m plus projects currently under review.
About Encore Energy
Encore Energy owns the patents for the use of grey-water, and domestic water in heat exchanger systems. They also provide all forms of conventional geothermal heat exchange systems. See video at http://www.encoreenergyinc.com/.
About Energy America Geothermal
Energy America Geothermal is a full spectrum geothermal resource developer and service company. The company's web address is www.energyamericageothermal.com. Energy America Geothermal is a subsidiary company to Energy America Inc., an energy investment and opportunity Development Company that provides a flexible, market responsive vehicle that identifies and unites energy related opportunities with the resources necessary to ensure the opportunity is realized and incubated to success. The company's web address is: http://www.energyamericainc.com/
Source: Encore Energy Systems
Web site: http://www.encoreenergyinc.com/ http://www.energyamericainc.com/
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