EPOD Announces New German Subsidiary.
The wholly-owned subsidiary, to be named EPOD Renewable Utilities Inc., is to be based in Frankfurt, Germany, focusing on the German and western European markets. The objective of the subsidiary is to own and operate renewable power generation assets with a view to creating long term renewable power sales revenue, and an outlet for EPOD International's power conversion and power storage products.
"Germany's commitment to renewable energy and its central location to the remainder of the EU makes it an ideal market to launch our solar power management and storage systems," said Mark Roseborough, EPOD President.
L. Mark Roseborough, President
EPOD International Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD's future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's 10-KSB for year ended December 31, 2004 filed on or about March 30, 2005, and incorporated herein by reference.
About EPOD: EPOD International Inc. is a leader in the development of advanced energy management technologies with real-world market applications. The Company's patent-pending 'Energy Pod' technology manages and manipulates electrical energy such that utilization of DC-electric battery power becomes significantly more efficient. EPOD's patent-pending and proprietary technologies are applicable to a wide variety of industries and applications, and are available through licensed OEM's and directly to end-users.
The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.
EPOD International Inc. (OTC Bulletin Board:EPOI) (FRANKFURT:EDU.F)
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|Date:||Jul 27, 2005|
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