Legends Signs Agreement; Hires Florida-Based Engineering Firm to Manufacture MFCC
September 11 2012 - 9:30AM
Marketwired
Legends Business Group (PINKSHEETS: LGBS) today announced it has
signed a manufacturing agreement with a Florida-based engineering
firm. Under the agreement, the engineering firm has agreed to
manufacture a minimum of 500 units over the next twelve months.
Legends plans to have the MFCC assembled and manufactured in the
United States. The Company's new agreement resulted from an
existing relationship between Legends and the engineering firm that
dates back to February 2011 when Legends was in negotiations to
acquire the firm that manufactures electronics for a major
amusement park in Florida and California.
"I think they will be ideal to manufacture the MFCC," said Rudy
Sablon, LGBS's President and CEO. "As partners in researching
alternative energy projects, we have seen the professionalism and
outstanding work the engineering firm has produced." Specializing
in both analog and digital engineering solutions the firm has shown
extensive knowledge in its field.
One of Legends' new undertakings is overall transparency to its
shareholders; visit our website under current projects to see the
signed agreement with the Florida-based engineering firm. Visit:
http://www.legendspower.com/current_projects.php
About Legends Business Group
Legends Business Group, Inc. was incorporated in March 2006, and
is a publicly traded company. The company has recently refocused
its purpose and has moved itself into the alternative and exotic
energy marketplace. For more information please visit:
http://www.legendspower.com
Safe Harbor Statement
This report includes forward-looking statements covered by the
Private Securities Litigation Reform Act of 1995. Because such
statements deal with future events, they are subject to various
risks and uncertainties and actual results for the fiscal year and
beyond could differ materially from the Company's current
expectations. Forward-looking statements are identified by words
such as "anticipates," "projects," "expects," "plans," "intends,"
"believes," "estimates," "targets," and other similar expressions
that indicate trends and future events. Factors that could cause
the Company's results to differ materially from those expressed in
forward-looking statements include, without limitation, variation
in demand and acceptance of the Company's products and services,
the frequency, magnitude and timing of paper and other
raw-material-price changes, general business and economic
conditions beyond the Company's control, timing of the completion
and integration of acquisitions, the consequences of competitive
factors in the marketplace, cost-containment strategies, and the
Company's success in attracting and retaining key personnel.
Additional information concerning factors that could cause actual
results to differ materially from those projected is contained in
the Company's filings. The Company undertakes no obligation to
revise or update forward-looking statements as a result of new
information since these statements may no longer be accurate or
timely.
Contact: Investor / Public Relations: Rodolfo
Sablon Phone: 305-767-7993 Email: Email Contact
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