|By Marketwired .||
|January 29, 2014 01:48 PM EST||
PALM BEACH GARDENS, FL -- (Marketwired) -- 01/29/14 -- 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.
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.
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.
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