SEATTLE, Jan. 8, 2013 /PRNewswire/ -- GeoBio Energy, Inc., a Colorado corporation (OTCBB:GBOE) ("GeoBio"), announced today that its' wholly-owned subsidiary El Gas North America, LLC, a Washington limited liability company ("El Gas NA") has received UL approval for a new data reporting device known as the maxiDataComm. GeoBio believes the maxiDataComm will provide great value to the gas utility industry in North America.
Mark Cangany, President of El Gas NA explained, "Our new product offers the most robust and flexible data reporting technology on the market today. The oil and gas services industry is in need of technology and equipment upgrades; utilities are being pressured to replace old, mechanical, circular chart recorders with new "real time" data reporting devices, such as the maxiDataComm. Our product represents a significant upgrade from other data instruments that are currently available on the market."
The maxiDataComm is a battery powered data reporting device with an integrated GSM/GPRS modem, which is optionally supplied from an external power supply. The maxiDataComm is designed with a single or dual channel for installation in hazardous areas. Due to the large variability of expansion boards, which can be optionally installed inside housing, the maxiDataComm offers a complete solution for telemetric data collection. The maxiDataComm uses secure sealed switches (located inside the device) to prevent unauthorized configuration changes and the collection of unauthorized data from the device. Additionally, the device allows for the activation of a sophisticated system of passwords for extra security. The device is also equipped with a six-button keyboard and backlit graphic LCD display. This allows users to easily check instant values, device parameters or archives from the device.
Mr. Cangany added, "Some of the key benefits of the maxiDataComm include compatibility to use and install in hazardous area (zones 1 and 2), battery lifetime of more than 5 years, capability to connect up to three sensors (pressure, temperature), working temperature of 25°C to +70°C and the ability to connect a second data reporting device as a subsystem
The UL approved devices are available for sale from El Gas NA. For more information regarding the maxiDataComm and other monitoring equipment from El Gas NA, please contact firstname.lastname@example.org
About GeoBio Energy, Inc.:
GeoBio Energy's business model emphasizes the development, acquisition and operation of existing companies in the oil and gas services and energy related products industry. As oil and gas exploration continues in the face of ever rising demand, facilitating delivery of oil and gas, monitoring and maintaining drilling sites to obtaining peak efficiency and production from existing, new and aging wells becomes increasingly important. GeoBio believes this to be a significant growth opportunity in its strategy to combine and consolidate companies in the oil and natural gas services sector. GeoBio's subsidiary, El Gas North America, LLC, has an exclusive license to sell Czech Republic based ELGas s.r.o.'s natural gas electronic volume corrector (EVC) and electronic data recorder (EDR) products in the United States, Canada, Mexico and the Caribbean, which products provide for the efficient monitoring and delivery of natural gas to consumers. For more information, please visit GeoBio's web site: www.geobioinc.com
Safe Harbor Statement
This Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as GBOE "expects," "should," "believes," "intends," "anticipates" or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of GBOE, which could cause actual results, performance or achievements of GBOE to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.
"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. GBOE disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Risks particularly associated with our current business include, but are not limited to the risks associated with our ability to (i) obtain the necessary financing to complete our prospective acquisitions and other targeted companies and to finance our current operations, (ii) generate sufficient revenue and obtain profitability, (iii) obtain additional financing as needed, (iv) manage changes in general economic and business conditions (both generally and in the natural gas and oil services and the energy industry), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) identify and manage risks in connection with acquisitions (viii) evaluate and effect the level of demand and market acceptance of our services and (ix) make necessary changes to our business strategies.
SOURCE GeoBio Energy, Inc.