Clean Power Concepts Inc. Targets Western Canada for Acquisitions and Engages Search Firm to Recruit Senior Management.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Clean Power Concepts Inc. ("Clean Power" or the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CPOW CPOW Chief Petty Officer of the Watch ) is pleased to announce that it has entered into discussions with a number of retail organizations involved in the sale of renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. products and services. "After announcing our strategy of acquisitions and engaging the assistance of professionals in this process, we have quickly set our sights on a number of retailers that fit our selection criteria," says Cory Turner, President. "We have determined that the Company's market is made up of a number of independent stores which specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in various facets of renewable energy products. Our concept is to create and establish a retail network servicing regional markets through acquisitions and new store build outs. The Company is in discussions with consultants to assist in identifying possible acquisition targets." Targeting independent retailers with various specialties allows us to enter multiple markets quickly, and gain expertise in specialized fields such as agriculture, commercial buildings, recreational vehicles, etc. that we have identified in our business model," adds Ken Kelln, Vice President of Research and Development." "To support the Company's business strategy, we are now looking to strengthen our senior management team, specifically in the area of regional retail management," Turner adds. "We have engaged a firm to conduct a national search for senior management." The alternative power industry is made up of a number of dynamic and complex groups of service providers, equipment specialists and retail providers. "What Clean Power Concepts brings to the field is a platform for marketing and packaging a suite of products and services that makes it simple, user friendly and cost effective for the average consumer," says Turner. "By taking an evolving product line, local expertise and some seasoned retail experts, we are creating a new concept in clean power." About Clean Power Concepts, Inc. Clean Power Concepts (formerly Loma Verde Inc.) is a corporation committed to developing its one stop shop concept for retailing and wholesaling clean power products and services throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Its focus is to create a portfolio of three primary activities (retail, b-to-b and e-commerce) in the solar, wind and hydro hy·dro adj. Hydroelectric. n. pl. hy·dros 1. Hydroelectric power. 2. A hydroelectric power plant. generation sectors. The Company anticipates that it will be fully engaged in implementing its business plan by the end of the second quarter of 2007. Legal Notice Regarding Forward Looking Statements The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are 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. , within the meaning of 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. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
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