Shaka Announces Acquisition of Home Energy Experts

DOYLESTOWN, Pa., Nov. 3, 2011 /PRNewswire/ -- Shaka (SHKZ.PK), a Pennsylvania-based globalization and corporate strategies firm, is pleased to announce the closing of the acquisition of Home Energy Experts, the second in a series of strategic acquisitions aimed at creating an immediately profitable corporation servicing the renewable energy industry. The Company announced its first acquisition of the New Jersey-based manufacturer of advanced technology sunrooms, Classic Conservatories and Solar, last week.

Based in Atlanta, GA, Home Energy Experts specializes in evaluating and recommending energy-saving home solutions. Founded in 2009 by Jim and Kristin Quigley, Home Energy Experts utilizes the management team's 20+ years of experience of in-home sales systems and processes to introduce different methods of reducing energy consumption in homes and commercial buildings. Some of these methods include life-style changes, and property improvements that lead to energy cost savings directly to the consumer. 

Jim Quigley has extensive experience taking small "mom and pop" contracting companies and growing them into large, profitable companies with strategic alliances with some of the biggest names in the industry. In 2000, Mr. Quigley purchased his first Owens Corning Basement Finishing Franchise in Toledo, Ohio.  Within two years he acquired additional franchises and was doing $40,000,000 in revenue, which ultimately got the attention of senior executives at Owens Corning in 2003.  Owens Corning ultimately purchased his unique and successful sales system for additional franchise opportunities. By 2007, using his selling system, Mr. Quigley had built his small franchise into over $100,000,000 in sales.

"We are thrilled to announce the rapid progression of our strategic initiative to combine the leading solar and renewable energy companies into a full-service industry giant," stated James Scott, CEO of Shaka. "We are in the process of fully integrating the sales and marketing experience that Mr. Quigley brings to our team with the management of Classic Conservatories, which will rapidly expand our national presence.  We are confident that as this process develops, we will see exponential revenue growth in the first quarter without the need for large capital investment. Because the Home Energy Experts sales cycle is only three to five days, this acquisition immediately adds to our anticipated weekly and monthly net revenues moving forward, allowing Shaka to continue its focus on further strategic acquisitions," Mr. Scott went on to say.

About Shaka

Shaka is comprised of globalization and corporate strategies consultants whose global reach can optimize and expedite powerful end-results with M&A, Global Alliance Building and Political Strategies. Shaka's diversified contact portfolio encompasses both International Economic and Legislative to open dialogue at any level and achieve the goals set forth by your Board of Directors, C-level staff or sole proprietor entrepreneur. Shaka has the experience and alliances to take companies to the next level in IPO, International expansion or full corporate structuring.

NOTE ABOUT FORWARD-LOOKING STATEMENTS

With the exception of historical information, this press release contains forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions such as "will be". In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties, such as general economic conditions that could limit the acceptance of Shaka's concept, increased competition, any event leading to the termination of key executive employees, and other risks relating to our business. Shaka does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact and inquiries:

Michael Irving

Paramount Advisors, LLC

407-878-5462

[email protected]

SOURCE Shaka