Integrated Energy Solutions Announces Launch of Patten Energy Enterprises of Illinois
July 21 2015 - 9:00AM
Access Wire
NESCONSET, NY / ACCESSWIRE / July 21, 2015 /
Integrated Energy Solutions, Inc. (OTC Markets: IENG ) (the
"Company" or "Integrated Energy" or "IES")
(www.Integrated-Energy.co), a fully integrated large and small
format downstream oil marketer as well as waste oil collector,
value-adding recycler and re-distributor,announces the launch
of Patten Energy Enterprises of Illinois.
Patten Energy Enterprises, Inc., is a well-established and
respected minority owned company in Southern California and a
wholly owned subsidiary of Integrated. It has operated a premium
oil distribution business for the past 25 years. Patten Energy
Enterprises, Inc. already has approval for operations in Cook
County, Illinois. With the integration of Atlantic-Pacific LLC into
Patten Energy Enterprises, Inc., of Illinois, it will allow the
expansion Patten's ability in the Midwest market for the
distribution and delivery of premium oil, the collection of waste
oil and the processing of waste oil. The integration will allow for
the expansion of Integrated into the industrial waste water
collection and industrial waste water treatment industries.
The integration allows the Company, based on the many years of
operations and the numerous connections of Patten Energy
Industries, Inc., as outlined on its website
(http://pattenenergy.com), to enable its expansion into the
Chicagoland and North West Indiana area.
With this announced consolidation of Atlantic-Pacific's waste
oil and collection and waste oil processing, along with Patten's
premium oil distribution business, the new Patten Energy
Enterprises of Illinois, will be a fully integrated premium oil
distribution, waste oil collection and waste oil processing
operation. It will also allow the Company to begin an industrial
wastewater collection and industrial wastewater treatment operation
in September 2015.
The plan is to consolidate all the operating entities of
Integrated into a cohesive operation, or unit, all under Patten
Energy Enterprises brand. The consolidation will also streamline
back office expenses by reducing overhead and streamlining
operations and thus making the Company more profitable.
Ernest Remo, CEO of Integrated stated, "We are very excited
about the expansion and consolidation of the various business into
one consolidated unit, and the expansion of operations into the
Chicago area. This will be our second major area in our
integration. We expect future area and territories to follow."
On an unrelated note, Integrated would like to take this time to
thank all is shareholders for their patience and understanding with
respect to the delays in the Company's filings. The Company has
been working diligently to complete the filings as quickly as
possible. The delays are mostly due to the first time audit of a 25
year old privately held company, although all issues are resolved.
The Company is pushing very hard to be current by the end of July
2015.
ABOUT INTEGRATED ENERGY SOLUTIONS
Integrated Energy Solutions Inc., a publicly traded SEC
reporting Company on OTC Markets Exchange under the symbol (IENG),
is a fully integrated large and small format downstream oil
marketer, as well as waste oil collector, value-adding recycler and
re-distributor. Through its three wholly owned subsidiaries, Patten
Energy Enterprises Inc., Atlantic Pacific LLC and AP Lubes Inc. the
company seeks to expand the regional businesses of each to other
states where respective Company subsidiaries operate to vertically
integrate, cost-share and generate new revenues from within the
existing Company "ecosystem."
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
Contact:
Integrated Energy Solutions, Inc.
Ernest Remo,
CEO
ernestremo@san.rr.com
SOURCE: Integrated Energy Solutions, Inc.
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