Energy Visions Inc. Announces the Launch of Pure Energy's 'Pure Power Saver' Kit.Business Editors TORONTO--(BUSINESS WIRE)--Jan. 6, 2004 Energy Visions Inc. ("EVI Evi (ē`vī), in the Bible, Midianite king. ") (TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. ("TSXV") "EVI.S" and NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). : OTCBB OTCBB See OTC Bulletin Board (OTCBB). : "EGYV") announces the introduction of the "Pure Power Saver" kit by Pure Energy Visions Inc. ("Pure Energy"). The "Pure Power Saver" kit includes a radio, hand flashlight, lantern and 12 AA size Pure Power single-use alkaline batteries made by Pure Energy to power the devices. "After the August 2003 blackout, many consumers contacted us to applaud Pure Energy's mini-radios and batteries as life savers during the blackout" stated Dr. Phil Dr. Phil may refer to:
"The reception from retailers to our "Pure Power Saver" kit has been very positive. The product will retail in Canada for approximately Cdn $25.00. During the next 6 months we plan on introducing additional types of emergency kits in Canada and the U.S., featuring our rechargeable alkaline batteries and unique chargers," said Jeff Chalmers, Vice President, Sales for Pure Energy. EVI also reports that it has issued a total of 41,000 warrants, each exercisable at a conversion price of Cdn. $0.25 per EVI common share on or before December 31, 2005. Such warrants were issued in relation to secured loan financing agreements Financing Agreements In the context of project financing, the documents which provide the project financing and sponsor support for the project as defined in the project contracts. of Energy Ventures Inc. (Canada), EVI's Canadian operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. . About Energy Visions Inc.: EVI develops and commercializes advanced battery and direct methanol fuel cell Direct-methanol fuel cells or DMFCs are a subcategory of proton-exchange fuel cells where, the fuel, methanol (CH3OH), is not reformed, but fed directly to the fuel cell. technologies and products. EVI recently acquired a major interest in Pure Energy Inc. whose subsidiary, Pure Energy Visions Inc., manufactures and markets rechargeable and single-use alkaline batteries globally sold under the "Pure Energy", XL(TM) and "Pure Power" labels and to private label customers worldwide. Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward looking statements" contained herein. The website of Energy Visions Inc. is http://www.energyvi.com. The website of Pure Energy Visions Inc. is http://www.pureenergybattery.com. Neither the TSXV nor the NASD OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. have reviewed or accept responsibility for the adequacy or accuracy of this release. |
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