Able Energy, Inc. Establishes Franchise in Pocono Mountain Region.Business Editors ROCKAWAY, N.J.--(BUSINESS WIRE)--Sept. 21, 2000 Able Energy, Inc. ("Able") (Nasdaq:ABLE) (BOSTON STOCK EXCHANGE The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. SYMBOL: AEI AEI American Enterprise Institute AEI Archive of European Integration AEI Australian Education International AEI Automotive Engineering International AEI Australian Education Index AEI Albert Einstein Institute ) today announced that it has just opened a new franchise in East Stroudsburg, Pennsylvania East Stroudsburg is a borough in Monroe County, Pennsylvania, United States. It is located in the Poconos region of the state. Originally known as "Dansbury", East Stroudsburg was renamed for geographic reasons when the Delaware, Lackawanna, and Western Railroad opened a station (Pocono Mountain Region) to Mr. Christopher Byrne Christopher Michael Byrne (1886 – 5 September, 1957) was an Irish TD and Senator whose career in the Oireachtas came in two distinct periods separated by a decade's gap and a change of party. . The establishment of this franchise underscores Able's commitment to continue its growth strategy in the Northeast corridor This article is about a rail line. For the agglomeration of metropolitan areas, see BosWash. For the New Jersey Transit line, see Northeast Corridor Line. The Northeast Corridor (NEC . Jerry Freid, Able's Franchise Director stated that "establishing this franchise is an important milestone for Able as it is the first franchise we have sold this year and we hope to have three more sold by the end of 2000. Able has very strong brand recognition which employs our distinctive logo and our concept of 'full service at discount prices' and we believe this concept lends itself well to franchising. Able is the first home energy company to franchise this highly successful business concept." Able successfully completed its initial public offering of Common Stock on June 25, 1999. The offering consisted of 1 million shares of Common Stock. Able is a holding company for five operating subsidiaries which are engaged in the retail distribution of, and the provision of services relating to, home heating oil, fuel oil, propane gas and natural gas. Able also offers complete HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free installation and repair. Able's Common Stock is traded on the Nasdaq SmallCap Market under the Symbol ABLE and on the Boston Stock Exchange under the Symbol AEI. The statements contained in this Press Release contain certain forward looking statements, including statements regarding Able and its subsidiary's expectations, intentions, strategies and beliefs regarding the future. All Statements contained herein are based upon information available to Management as at the date hereof and actual results may vary based upon future events, both within and without the control of the management of Able. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion