“After announcing our strategy of acquisitions and engaging the assistance of professionals in this process, we have quickly set our sights on a number of retailers that fit our selection criteria,” says Cory Turner, President. “We have determined that the Company’s market is made up of a number of independent stores which specialize in various facets of renewable energy products. Our concept is to create and establish a retail network servicing regional markets through acquisitions and new store build outs. The Company is in discussions with consultants to assist in identifying possible acquisition targets.”
Targeting independent retailers with various specialties allows us to enter multiple markets quickly, and gain expertise in specialized fields such as agriculture, commercial buildings, recreational vehicles, etc. that we have identified in our business model,” adds Ken Kelln, Vice President of Research and Development.”
“To support the Company’s business strategy, we are now looking to strengthen our senior management team, specifically in the area of regional retail management,” Turner adds. ”We have engaged a firm to conduct a national search for senior management.”
The alternative power industry is made up of a number of dynamic and complex groups of service providers, equipment specialists and retail providers. “What Clean Power Concepts brings to the field is a platform for marketing and packaging a suite of products and services that makes it simple, user friendly and cost effective for the average consumer,” says Turner. “By taking an evolving product line, local expertise and some seasoned retail experts, we are creating a new concept in clean power.”
About Clean Power Concepts, Inc.
Clean Power Concepts (formerly Loma Verde Inc.) is a corporation committed to developing its one stop shop concept for retailing and wholesaling clean power products and services throughout North America. Its focus is to create a portfolio of three primary activities (retail, b-to-b and e-commerce) in the solar, wind and hydro generation sectors. The Company anticipates that it will be fully engaged in implementing its business plan by the end of the second quarter of 2007.
Legal Notice Regarding Forward Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
