MAHWAH, N.J., Sept. 25, 2012 /PRNewswire/ -- InterCore Energy, Inc., (OTCBB:ICOR), a technology-focused company seeking operations and investments in the areas of clean energy and clean technology, today discussed its perspective on Epec Biofuels Holdings, Inc. and the Legacy Group, outlining the future of InterCore and discussing investor expectations.

James F. Groelinger, InterCore's CEO, commented, "Our corporate objective is to invest in viable technologies that improve the country's energy landscape, moving in the direction of energy independence while meeting environmental requirements without relying on government subsidies to survive. By acquiring a stake of up to 25% in Epec Biofuels, we are investing in a clean, renewable energy source based on ethanol derived from sweet sorghum. For the US, sorghum is vastly superior to either sugar cane or corn-based ethanol both in terms of cost to produce and overall societal impact. With the pending Environmental Protection Agency's (EPA) approval of grain sorghum as an alternative feedstock to corn for the production of biofuel-based ethanol, we expect consideration and approval of sweet sorghum to follow, with Epec ideally positioned to capitalize on this limitless emerging market.

"The planned acquisition of the Legacy Group has implications in a number of areas of interest to InterCore," Mr. Groelinger continued. "Legacy's product lines include power and automation products for the oil and gas industries, a unique ultra-efficient marine hybrid propulsion system that reduces the fuel consumption and emissions of larger marine vessels, and a highly efficient and very low power-consuming cooling system for use in portable data centers and power systems for oil and gas drilling rigs. Potentially adaptable for commercial and residential use, the Legacy system uses approximately 50% less energy than traditional chilled water systems. All of these represent ways of improving energy utilization, increasing energy efficiency, and enhancing the competitive position of US industries while providing the opportunity for excellent financial performance.