Follows Corporate Name Change that Leverages Strength of PwrCorTM Technology
and Aligns Company and Technology in a Single Brand Name
NEW YORK, March 28, 2017 (GLOBE NEWSWIRE) -- PwrCor, Inc. (OTCQB:CSEI), a cleantech energy technology company launching advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, today announced that FINRA has approved a change of the Company's stock ticker symbol. Effective March 29, 2017, the Company's common shares will commence trading on the OTCQB Market under the trading symbol "PWCO" (OTCQB:PWCO). The previous trading symbol was "CSEI" (OTCQB:CSEI).
The ticker change follows the rebranding of the Company under a brand name that was announced on March 21, 2017. The name change to PwrCor, Inc. leverages the strength of the PwrCorTM technology and aligns the Company and its technology under a name that more closely relates to the Company’s main operations in the alternative energy business based on its green PwrCorTM engine technology.
In addition to the name and ticker change, the Company adopted a new corporate logo and has established a new website that can be found at www.pwrcor.com. The website will continue to be revised and updated over the coming weeks.
About the Technology
PwrCorTM engines use proprietary technology that can cost effectively convert ultra-low-grade heat to usable mechanical or electrical energy, opening up an immense market that competing technologies cannot exploit with a cost effective solution. PwrCorTM is a cleantech ‘GREEN’ technology that uses no fossil fuels, does not operate via combustion, has no emissions, and does not process any working fluids that are flammable, harmful to the environment, or costly to replace. PwrCorTM is scalable, modular, and runs relatively silently, all within a small footprint.
About PwrCor, Inc.
PwrCor, Inc. is a cleantech energy technology company offering advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, as well as other applicable markets. PwrCor is also focused on energy infrastructure development projects and delivering cleantech energy solutions to commercial and not-for-profit customers. Please visit our website at www.pwrcor.com for additional information.
Forward-Looking Statement Safe Harbor
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve unknown risks and uncertainties that may individually or mutually impact the matters herein described for a variety of reasons that are outside the control of the Company, including, but not limited to, its ability to raise sufficient financing to implement its growth strategy, and its ability to successfully develop and commercialize its proprietary products. Readers are cautioned not to place undue reliance on these forward-looking statements as actual results could differ materially from the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the Company's most recent reports on Forms 10-K, 10-Q, 8-K, Schedule 14A and other filings made with the SEC. Copies of these reports are available from the SEC's website, www.sec.gov, or without charge from the Company. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future. For additional information go to www.pwrcor.com.