WILSONVILLE, ORE., July 30, 2013 ─ XZERES Corp. (PINKSHEETS: XPWR), a global leader in small, wind-powered distributed energy and power efficiency systems, has engaged Liolios Group to lead its investor relations and financial communications.
“Over the past several months we have made tremendous progress in building XZERES into a major global renewable energy company,” said Frank Greco, CEO of XZERES. “This includes expanding our product portfolio earlier this month with the acquisition of Southwest Windpower’s 2.5 kW Skystream product, the world’s most popular sub-five kilowatt turbine. We’re now in a unique position to address the global distributed wind energy market that the World Wind Energy Association projects growth of 35% CAGR over the next eight years.”
“Given the growing momentum in our business and the renewable energy industry at large, we’ve arrived at a point where we believe our shareholders would benefit from an experienced team of investor relations professionals to increase awareness of our company and products,” continued Greco. “Liolios Group brings a proven track record of helping companies like XZERES enhance shareholder value by conveying the company’s strategy to the capital markets.”
Over the course of the next several months, Liolios Group will work closely with XZERES’ management to introduce the company to investors and key influencers in the financial community that are focused on the renewable energy industry. Liolios Group will be scheduling analyst meetings, roadshow presentations and investment conferences, including its Gateway Conference in San Francisco on September 10th where XZERES will present to institutional investors, portfolio managers and analysts.
For more information about XZERES, contact Liolios Group at 949-574-3860 or email XPWR@liolios.com
About Liolios Group Inc.
Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in micro to mid-cap public companies. Liolios Group aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1996 in Newport Beach, California, Liolios Group’s senior partners each have more than 16 years of experience in finance and investments, and have represented more than 120 companies in a wide range of industries, including life sciences/healthcare, consumer/internet retail, business services, financials, digital, media/software, clean technology, technology, natural resources and special situations. For more information about Liolios Group, visit www.liolios.com.
About XZERES Corp.
XZERES Corp. is a renewable energy and clean energy technology company that designs, develops, manufactures and markets distributed generation wind power systems as well as power management and power efficiency solutions for the commercial, light industrial and residential markets. The company’s grid-connected and off-grid wind turbine systems, which consist of its 2.5kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets including residential, micro-grid based rural and island electrification, agricultural, small business and rural electric utility systems, as well as other private, corporate infrastructure and government applications.
The company’s wind power systems are focused on distributed energy, where a specific machine’s energy output is largely or entirely used on-site where the equipment is installed, as well as grid-connected applications. While many of its customers take advantage of local net-metering rules within the United States and Feed-In Tariffs (to sell power back to the grid) that are available in Europe and internationally, the company’s wind power systems are not dependent on transmission needs to carry the energy produced to another location and are therefore well suited for remote electrification, available with or without a battery-coupled solution. XZERES power management and power efficiency solutions are deployed primarily for commercial and light industrial applications, and secondarily for residential usage and target both urban and rural customers. For more information, visit www.xzeres.com, www.xzeresenergy.com or www.xzeres.co.uk.
Forward-Looking Statements and Safe Harbor Statement
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those identified under "Risk Factors" in the Company’s filings made with the Securities Exchange Commission. Actual results may differ materially from those contemplated by these forward-looking statements and the Company does not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this press release.
Investor Relations Contact:
Liolios Group, Inc.
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