Kender Energy Selects Deutsche Boerse as Its European Exchange
December 10 2009 - 12:32PM
Marketwired
Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has
selected the (Deutsche Boerse: Frankfurt Stock Exchange) as the
company's foreign stock exchange.
The Company, after careful review, starting on October 26, 2009,
has selected the Frankfurt Stock Exchange as the company's winning
exchange to act as the gateway into the European and other
International financial markets. The Company has started the
detailed documentation for its listing.
As stated in its earlier announcement, "The European listing
will enable the company to expand its shareholder base as well as
provide the company with additional exposure to environmentally
friendly investment funds located in Europe," said Sean Kelly,
President and CEO of Kender Energy Inc. Mr. Kelly further
reiterates, "We strongly believe that the Frankfurt exchange is not
just a gateway into European markets but also attracts the
sophisticated investor from a much wider International community
including North Africa, Middle East, and the Gulf Co-operative
Countries (Saudi Arabia, and the UAE) to name a few. Our goal is to
widen our exposure for the benefit of the Company and all of our
stake holders."
About Kender Energy Inc.:
Kender Energy Inc. is a development phase company active in the
field of solar energy. Its present prototypes of solar panels are
being developed into a full-scale solar energy production system.
The particularity of the Kender solar panel system and technology
is to allow, via a closed circuit of gas (usually helium), to
create a heat exchange with the sunlight and the air from the
environment. The exchange generates the spinning of the helium gas
in the closed circuit, propelling a turbine, which produces
electricity in a 100% clean and renewable process. The system's
main advantages are that it is efficient, cheap in production, and
modular. The company is based near Geneva, Switzerland. Its Website
is www.kendersolar.com.
Safe Harbor Statement
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct. A
number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
For more info. contact: Annex Investor Relations Services
KNDR@Annex-IR.com +1 (647) 351-7477 Kender Energy Inc. Sean Kelly
President (41) 22 700 7648 investors@kenderenergy.com
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