TORRANCE, Calif., Sept. 15, 2011 /PRNewswire/ -- Terminus Energy Inc. (TMGY.PK) Terminus Energy Corporation announced today that all commercialization targets for the Terminus TE-50 distributed electric power generator are on schedule. Terminus CEO Dan Pratte stated, "We are meeting all target dates for our commercialization work. We know our efforts have yielded technology advancements that have never before been achieved with presently operating Solid Oxide Fuel Cell (SOFC) technology. Our company is in a position to enter the distributed energy market place with the first SOFC based power generation systems that require no government subsidy or tax credit for economic viability."
About Terminus Energy:
Terminus Energy Inc. is marketing and selling next generation fuel cell technology to a diverse customer base. Our mission is to be the preferred distributed energy generation platform supplier to the electric power industry. The Terminus Energy TE-50 system provides many benefits to prospective electric power providers; including commercial utilities, IPPs, industrial customers and the military. The TE-50 has the advantage of low installation costs, low operational costs, low carbon generation and minimal environmental impact. The product is extremely energy efficient and scalable, allowing any provider to incrementally grow capacity based upon their specific needs. The aforementioned benefits will greatly increase the customer's bottom line while significantly reducing the impact of power operations on the environment.
Terminus Energy Inc. plans to manufacture "TE-50" power generation units that will be ready for distribution in 2012. Terminus Energy's products help solve the problems of electric energy producing companies. This is done through point-of-use commercially operated fuel cell units that seamlessly integrate grid parallel distributed electric power production capacity into the existing utility distribution infrastructure.
For additional information go to www.Terminusenergy.com. This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
For Further Information Contact:
Terminus Energy Inc. 631-828-2525
SOURCE Terminus Energy Inc.