CyberFuels Inc. Signs Binding Letter of Intent
January 29 2014 - 1:47PM
Marketwired
CyberFuels Inc. Signs Binding Letter of Intent
PALM BEACH GARDENS, FL--(Marketwired - Jan 29, 2014) -
EncounterCare Solutions, Inc. (PINKSHEETS: ECSL) today announced
that its subsidiary CyberFuels Inc. has signed a "Binding Letter of
Intent" with an International Energy, Engineering and Petrochemical
company, agreeing to form a Joint Venture. The Joint Venture
will manufacture, and distribute the Clean Energy Fuel marketed
under the Brand names "Singular 96" and "EMG 96".
This joint venture will create new marketing and distribution
capabilities for Singular 96/EMG96 and CyberFuels proprietary
bottled additive. CyberFuels new JV partner plans to sell the
bottled additive internationally through their existing customer
outlets.
Ronald Mills, President of CyberFuels, stated that he is very
excited to have this opportunity to partner with a Premier Global
Petrochemical Company as part of the growing CyberFuels
network. The goal of this Joint Venture is to make CyberFuels
a global force and world class supplier in the growing sector of
Methanol Enhanced Gas.
We currently have a backlog of pending orders. The JV agreement,
along with the new resources being brought into the company as a
part of this agreement, will allow us to execute on these orders.
The details of those transactions are to be released as they are
completed.
It is expected that the parties to the Joint Venture will issue
joint press releases with further details as soon as the definitive
agreement is completed. These pending announcements will be issued
in the United States, Europe and Asia, where our partners maintain
a substantial presence.
About EncounterCare Solutions:
EncounterCare Solutions, Inc. (PINKSHEETS: ECSL), headquartered
in Palm Beach Gardens, Florida, is an Energy and Integrated
Healthcare company that operates its business through three
divisions, the Energy Division, the Healthcare Technology Division,
and the Healthcare Services Division. ECSL's three operating
businesses offer a broad range of proprietary technology, products
and services that address several substantial target markets,
including: The Methanol Enhanced Fuel Sector, The Healthcare
Information Technology Market, and The Pediatric Home Healthcare
Market.
www.EncounterCare.com.
About CyberFuels, Inc.:
CyberFuels products can be transported, stored and pumped like
regular gasoline.
CyberFuels' proprietary products are sold under the brand names
Singular 96™, Imperial 96™, EMG 96™, and Noventa y Seis Mas™ and
Eco Island Blend™, a hygroscopic (water absorbing) fuel.
The CyberFuels line of products also include a mpg adding
Concentrate, as well as Blend Stocks to increase octane levels and
engine performance for regular gasoline.
Our methanol based fuels are environmentally superior to
gasoline, typically releasing 73% less co2 and 68% less heat into
the atmosphere than regular gasoline. CyberFuels products offer a
seamless alternative to gasoline.
CyberFuels, "Enhanced Methanol Gasoline" contains 85% methanol,
14% gasoline and 1% CyberFuels patented additive. Our fuels offer
greater "miles per gallon" than regular gasoline, at a lower cost
than regular gasoline. Unlike other proposed fuel options, there is
no need to retrofit your car's engine and CyberFuels products have
an "A" anticorrosion rating.
Each gallon of the CyberFuels Enhanced Methanol Gasoline has the
combination of thermal and "virtual energy" to equal or exceed the
performance of all grades of gasoline.
The source of the "virtual energy" in the fuel comes from
previously wasted heat from combustion. That heat is now utilized
to produce increased mechanical energy while the engine discharges
less harmful heat to the environment.
www.Cyberfuelsinc.com
Safe Harbor:
Certain statements and information included in this press
release constitute "forward-looking statements" within the meaning
of the Federal Private Securities Litigation Act of 1995. When
used in this press release, the words or phrases "will likely
result," "expected to," "will continue," "anticipated," "estimate,"
"projected," "intends," or similar expressions are intended to
identify "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
statements are subject to certain risks, known and unknown, and
uncertainties, including but not limited to, economic conditions,
dependence on management, dilution to shareholders, lack of capital
changes in laws or regulations, the affects of rapid growth upon
the Company and the ability of management to effectively respond to
the growth, demand for products and services of the Company, newly
developing technologies, its ability to compete, conflicts of
interest related to party transactions, regulatory matters,
protection of technology, lack of industry standards, the effects
of competition, and the ability of the Company to obtain additional
financing. Such factors could materially adversely affect the
Company's financial performance and could cause the Company's
actual results for future periods to differ materially from any
opinions or statements expressed within this press release.
Contact: Bill Robertson Ph. No. 604 837 3835 Email Email
Contact
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