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CGE Energy Engages Firm Zwick & Banyai for 2-Year Certified Audit

BRIGHTON, Mich., June 15, 2016 (GLOBE NEWSWIRE) -- CGE Energy (OTCPink:CGEI), the leading engineer of no capital cost energy solutions, is pleased to announce the selection and engagement of independent registered public accounting firm Zwick & Banyai, PLLC to perform a certified audit of fiscal years ending March 31, 2015 and March 31, 2016.

The Audit Committee of CGE Energy’s Board of Directors recently conducted a competitive process to select the Company’s independent registered public accounting firm. As a result of this process and subject to completion of its standard client acceptance procedures, the Committee unanimously approved the appointment of Zwick & Banyai, PLLC.

Zwick & Banyai is the Detroit office of IAPA, which has member firms throughout the world. Founded in 1994, the registered public accounting firm he has worked with growing publicly traded companies in a wide variety of industries, providing services ranging from accounting and auditing services, as well as SEC compliance work, which includes initial public offerings of corporations.

Zwick & Banyai’s founding member Jack Zwick has experience with multiple publicly traded companies in the energy industry, including serving on the Board and Chairman of the audit committee of Solar Energy Initiatives Corporation as well as being CFO and a member of the Board of Car Charging Group, Inc.

In response to CGE Energy’s appointment, Mr. Zwick commented, "I look forward to working with the team at CGE Energy during this important juncture in the company’s growth. The audit process will be performed to meet all the SEC compliances required for CGE’s forthcoming plans."

"Zwick & Banyai has the experience necessary to use this certified audit to achieve the growth strategy that we have been executing over the past two years. There are many nuances that make our business model and energy solutions unique, and their firm has a good understanding of all the working parts,” said Bryan Zaplitny, President and CEO of CGE Energy.

About CGE Energy

CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation. http://www.cgeenergy.com

This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results may differ materially from those projected in the forward-looking statements.

Media Contact: Paul Schneider 248-446-1344, pschneider@cgeenergy.com

Source:CGE Energy