Exergetic Energy, Inc. Seeks Access to Capital for Solar Energy Project

DETROIT, Sept. 20, 2011 /PRNewswire/ -- Exergetic Energy, Inc. (EEI) (Pinksheets: XNGR.pk), an integrated energy supply company, is pleased to announce its recent nomination by Malinda Jensen, director of business development, Detroit Economic Growth Corporation to participate in the 2011 Inner City Capital Connections (ICCC) program. This nomination comes as a result of EEI's efforts, initiated two months ago with the Detroit Economic Growth Corporation, to acquire city property in order to develop a renewable energy power plant within the city.

ICCC is a free, national program designed to drive the growth of inner city businesses. It is a partnership between the Initiative for a Competitive Inner City (ICIC), a nonprofit research and strategy organization with a mission "to drive economic prosperity in America's inner cities through private sector investments to create jobs, income, and wealth for local residents" and Bank of America. ICCC connects inner city business leaders with capital providers, including: private equity, debt financing, mezzanine, venture capital, and angel investors. Additionally, ICIC educates investment-ready inner city companies about sources of capital and matches them with investors to grow their businesses and create jobs.

"We are very proud of this nomination for several reasons," stated Clarence B. McCollum, chairman and CEO of Exergetic Energy, Inc. "The benefits from the one-day coaching session in Detroit in October to the formal 'introductions to investors' sessions, which will take place in early November in New York, alone should prove invaluable."  Since its inception in 2005, the ICCC program has successfully garnered more than $372 million in capital for participating companies and continues to build upon this track record of success by fostering relationships between select companies and investors.

"We are excited about this auspicious invitation to be included on a distinguished list of other very successful businesses that have benefited from this program," added McCollum.

About Exergetic Energy, Inc.

Exergetic Energy, Inc. is a full service energy supply company that is focused on reducing the Carbon Footprint of its customers. The company's strengths are core engineering and research within the renewable energy sector. With the acquisition of SSI, Exergetic Energy, Inc. is working on capitalizing on both the renewable and non-renewable energy supply business sectors. Located in Detroit's Tech Town, EEI develops, markets, and manufactures low cost components for energy systems, while providing clients with "Energy Solutions of Tomorrow, Today..."

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations include, but are not limited to revenues and earnings, technology efficacy, strategies, and plans are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact: Vanessa Newton
Senior Communications & Research Specialist
(313) 309-4169
440 Burroughs Street, Suite 386
Detroit, MI 48202
[email protected]
www.exergeticenergy.com

Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
[email protected]

SOURCE Exergetic Energy, Inc.