Daulton Capital Corporation Announces Plans to Acquire Energy Solutions People, Inc. and Infinity Power, Inc.Daulton Expands into 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. Market with Manufacturer and Distributor/Marketer of Solar and Wind Energy Systems CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , Alberta Alberta (ălbûr`tə), province (2001 pop. 2,974,807), 255,285 sq mi (661,188 sq km), including 6,485 sq mi (16,796 sq km) of water surface, W Canada. -- Daulton Capital Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DULT) today announced that it has executed a Letter of Intent (LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ) to acquire Energy Solutions People, Inc. (ESPinc) and Infinity infinity, in mathematics, that which is not finite. A sequence of numbers, a1, a2, a3, … , is said to "approach infinity" if the numbers eventually become arbitrarily large, i.e. Power, Inc. Focused on renewable energy from solar and wind power, both ESPinc and Infinity Power will facilitate Daulton Capital's entry into the global market for clean energy solutions. ESPinc exclusively develops and manufactures a complete range of independent energy technology products. Created to address the needs of residential, small commercial and light industrial users, ESPinc's solar and wind energy products provide clean, renewable energy that reduces the burden on transmission lines, as well as lowers demand for traditional energy sources such as coal and natural gas. ESPinc products are developed and manufactured in the factory labs of Paolo Fadel, at the Quasar Electronics facility, located outside of Venice, Italy. Infinity Power, Inc. plans to market and distribute the complete range of ESPinc's independent energy-producing products; including ESPinc's line of solar concentration generators and TITAN wind turbines. Infinity Power, Inc. currently has distribution rights for ESPinc products in Canada, with an option for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. market. Energy Solutions People, Inc. and Infinity Power, Inc. are development-stage companies and have not yet generated any revenue. The letter of intent provides that Daulton Capital will acquire all of the issued and outstanding shares of Energy Solutions People, Inc. and Infinity Power, Inc. for shares of Daulton's common stock which, when issued, will represent approximately 65 percent of Daulton Capital's outstanding shares. The planned acquisition of Energy Solutions People, Inc. and Infinity Power, Inc. is subject to a number of conditions, including the execution of a binding agreement between Daulton Capital and all other parties to the transaction. For more information, contact: Ryan Beamin, tel. 888-387-1403 Certain statements within this press release regarding the Company's business that are not historical facts 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. " that involve risks and uncertainties, within the meaning of federal securities laws. These forward-looking statements are based on management's belief and assumptions derived from currently available information. Although Daulton Capital Corporation believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to be correct. Actual results could differ materially from forward-looking statements expressed or implied herein as a result of a variety of factors including, but not limited to: a decline in the price of, or demand for; solar and wind power, coal, oil and natural gas, general economic conditions; other financial, operational, and legal risks, and uncertainties detailed from time to time in Daulton Capital Corporation's SEC filings. Daulton Capital Corp. does not undertake any obligation to publicly update forward-looking statements contained herein to reflect subsequent events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or . |
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