GEI GLOBAL ENERGY CORP GEI Global Energy Corp. (OTCBB:GEIG), a fuel cell electric power generation company, announces the re-engineering completion of GEN IV field test unit. As the result of preliminary field testing, the GEN IV unit has upgraded thermal management systems, upgraded software and embedded control systems, enhanced fuel processing capability, and more robust safety protocols.
Today, K. J. Berry, GEI Global’s Chairman and CEO, announced that, “Working closely with our global engineering and business team, we have completed a major milestone relative to our overall performance goals, and supporting our systems design and re-engineering objectives. The re-engineering to accommodate environmental factors also included global supply chain factors that influence system financial considerations,” stated Berry.
GEI Global continues to move forward with the completion of its GEN IV technology for world markets, and continues to focus on debt reduction and value added product development.
About GEI Global Energy Corp.
GEI Global Energy Corp is a fuel cell electrical power generation company leveraging a menu of novel and innovative fuel cell power systems technologies to provide clean and inexpensive energy solutions for developing economies.
For more information regarding GEI GLOBAL's vision for an energy secure future, please click on the following video link: http://private.geiglobal.com/wp-content/uploads/2013/06/who-is-gei5.mp4.
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This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2012 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events.
Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of continuous improvement and other cost-containment strategies, and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information, since these statements may no longer be accurate or timely.
