Americas Power Partners Expands into Pittsburgh.Business Editors HINSDALE, Ill.--(BUSINESS WIRE)--Aug. 2, 2000 Americas Power Partners, Inc. (APP) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :APPN (Advanced Peer-to-Peer Networking) Extensions to IBM's SNA communications that provide the necessary flexibility to enable direct communication between users anywhere on the network. ) announced it has opened its first regional power development office in Pittsburgh, Pennsylvania “Pittsburgh” redirects here. For the region, see Pittsburgh Metropolitan Area. Pittsburgh (pronounced IPA: /ˈpɪtsbɚg/) is the second largest city in the Commonwealth of Pennsylvania. . Ty Christy chris·ty n. Variant of christie. , Regional Vice President for APP, opened the office to further capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the numerous opportunities in the development and implementation of energy projects in the Pittsburgh region. APP expanded to Pittsburgh for its proximity to APP's key alliance partner, Strategic Energy Limited. Mark Margason, Chief Executive Officer for APP, stated, "Our goal in the Pittsburgh region is to focus on core industrial, commercial and institutional accounts that APP identified as having an interest in monetizing or optimizing their existing utility assets. APP feels Ty Christy's 20-year experience in power development, coupled with APP's partnership with Strategic Energy Limited will provide a strong footprint to our power plant rollup strategy." Ty Christy added, "This development marks a major milestone in the history of APP and clearly demonstrates management's diligent efforts to take APP to the next level by expanding APP's commitment to close new business in the Pittsburgh region. It is with great honor that we are opening this office, as we fully anticipate this regional APP location is central to several of our clients, as well as to our key partner, Strategic Energy Limited. This combination will give us the additional expertise to provide the best customer service in our industry." About Americas Power Partners, Inc. Americas Power Partners, Inc. was formed to develop, optimize, own and operate power plant systems (steam, electric, compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. , water and wastewater) for industrial, institutional and commercial clients. APP has strategic alliances with industry leaders in the areas of power plant optimization, water and wastewater management, operations and maintenance, fuel supply and electric power marketing. APP's management team has extensive industry experience in power development and financing of power plant systems. Additional information can be found on their Web site, www.americaspowerpartners.com. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe-harbor" for forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc plans for future expansion. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, completion of definitive purchase agreements, ability to obtain needed capital, those relating to development activities, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission. |
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