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Posted On: 05/24/2012 9:25:04 AM
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Posted By: lucyinthesky

EGOC News .001






















ENERGY 1 CORP
Symbol U : EGOC
Recent Sedar Documents


Energy 1 Corporation Enters Distribution Agreement with TransBioTec



2012-05-24 09:15 ET - News Release


 



Expanded Product & Service Options for Customers



BOCA RATON, Fla. , May 24, 2012 /PRNewswire/ -- Energy 1 Corporation (OTC: EGOC) announces that it has entered into a distribution agreement with TransBioTec, Inc. (OTCQB: IMLE).


"For E1, this is all about enhancing the value we offer customers," said Raymond T. Brown , Chairman of E1. "The SOBR system gives us an extra tool for fleet operators seeking to lower insurance costs and reduce liability risks of the operator."


"This was an easy collaboration," said Scott Painter , CEO of TransBioTec. "We share the same customers while selling non-competitive products and services. By joining forces, we both benefit."




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