NEW YORK, March 30, 2017 (GLOBE NEWSWIRE) -- PwrCor, Inc. (OTCQB:PWCO), a cleantech energy technology company launching advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, today announced that it has retained PCG Advisory Group, a leading integrated communications firm, to serve as an advisor for investor relations and social and digital media.
“PwrCor is on the cusp of several key milestones, including our recent corporate name and ticker change and most importantly, the completion of our first geothermal project that will convert ultra-low-grade heat into electricity in northern California in several months,” said Tom Telegades, Chief Executive Officer of PwrCor, Inc. "The selection of the team at PCG Advisory reflects our commitment to strategically develop our corporate and investor message regarding the market potential of our PwrCor TM engine technology for a wider audience of investors via both traditional investor relations and social and digital media strategies.”
Jeff Ramson, Founder and CEO of PCG Advisory Group said, "PCG is pleased to add PwrCor, Inc. to its roster of clients who desire a more clearly defined communications strategy. We believe that PwrCor’s disruptive engine technology is an important market development and as such, is a story that investors need to hear. We look forward to working together to bring PwrCor’s value proposition to our network of investors, bloggers, journalists, and other key stakeholders.”
About the Technology
PwrCor TM engines use proprietary technology that can cost effectively convert ultra-low-grade heat to usable mechanical or electrical energy, opening up an immense market that competing technologies cannot exploit with a cost effective solution. PwrCor TM is a cleantech ‘GREEN’ technology that uses no fossil fuels, does not operate via combustion, has no emissions, and does not process any working fluids that are flammable, harmful to the environment, or costly to replace. PwrCor TM is scalable, modular, and runs relatively silently, all within a small footprint.
About PwrCor, Inc.
PwrCor, Inc. is a cleantech energy technology company offering advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, as well as other applicable markets. PwrCor is also focused on energy infrastructure development projects and delivering cleantech energy solutions to commercial and not-for-profit customers. Please visit our website at www.pwrcor.com for additional information.
Forward-Looking Statement Safe Harbor
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve unknown risks and uncertainties that may individually or mutually impact the matters herein described for a variety of reasons that are outside the control of the Company, including, but not limited to, its ability to raise sufficient financing to implement its growth strategy, and its ability to successfully develop and commercialize its proprietary products. Readers are cautioned not to place undue reliance on these forward-looking statements as actual results could differ materially from the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the Company's most recent reports on Forms 10-K, 10-Q, 8-K, Schedule 14A and other filings made with the SEC. Copies of these reports are available from the SEC's website, www.sec.gov , or without charge from the Company. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future.
Company Contact: Thomas Telegades, CEO 212-796-4097 ttelegades@pwrcor.com Investor Relations Contact: PCG Advisory Group Stephanie Prince, Managing Director Ph: (646) 762-4518 sprince@pcgadvisory.com
