$NOUV: NEWS~~Nouveau Life Pharmaceuticals Provides
Post# of 103015
Jun 16, 2017
OTC Disclosure & News Service
Daytona Beach, FL -
June 16, 2016 Nouveau Life Pharmaceuticals, Inc. (OTC PINK: NOUV) is pleased to present on update on corporate developments and strategic initiatives. With the acquisition of Entuit Incorporated last December, the Company became a leading operator of hardware solutions for the Municipal Lighting, Building Automation, HVAC, Indoor Lighting, Sub-metering and many other applications. Entuit offers a complete line of wireless control units which fills a unique niche in building automation and energy consumption. Recognizing the opportunity to expand in the energy consumption market, Company Management has focused its efforts entirely this year on building a new strategic initiative to become a one stop energy savings source.
An energy service company (ESCO) is a company that provides comprehensive energy solutions to its customers, including auditing, redesigning and implementing changes to the ways the customer consumes energy, with the main goal being improved efficiency and cost savings. ECSOs present a comprehensive retrofit plan to maximize energy savings while still meeting the customers operational requirements. Cost for implementing an energy savings program is a win win for the customer as their savings pay for the implementation and they see immediate improvements in their operational spend. Traditional ESCOs have been around for three decades and the size of the market continues to grow exponentially. According to the National Society of Energy Savings Companies, since 1990, ESCOs have delivered: $45B in projects, $50B savings guaranteed and verified, 425,000 person-years of direct employment, $30 billion of infrastructure improvements, and 470 million tons of CO2 savings at no additional cost comprehensive energy efficiency retrofit projects.
NOUV will be implementing a strategy to capitalize on the ESCO market and become a one stop energy savings source for both commercial and residential applications with a focus on savings customers up to 45% on energy costs. The Company is developing exclusive regional sales teams to market energy savings plans implemented by best of class service providers. NOUV will provide comprehensive training, sales support, engineering, programming, products, marketing materials, energy audit knowledge and project financing.
First, we would like to thank our shareholders for their continued support. We are excited to be in an industry that has continued growth and provides opportunities to create shareholder value. The demand for energy consumption savings continues to increase, and with our first-hand industry knowledge and our unique strategic vision to market comprehensive solutions, we are poised to accelerate revenue generation, stated Jeff Burns, CEO of Nouveau Life Pharmaceuticals, Inc.
Forward-Looking Statements - This press release contains "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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Nouveau Life Pharmaceuticals.
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/NOUV/news/No...00&b=y