Syracuse, IN / GlobeNewswire / April 27, 2020 / Znergy, Inc. (OTC: ZNRG) (the ”Company”) is a leading provider of new LED lighting and turnkey LED lighting conversions for businesses. In the context of the evolving dynamics related to the coronavirus, Znergy, Inc. (OTCPK: ZNRG), is prioritizing the health and safety of our teammates and partners, in cooperation with local authorities. In addition, we are operating with reduced hours but remain in constant communication with our clients.
Znergy Chief Executive Officer, Dave Baker, commented “Most of the impact from the COVID-19 will happen during the first half of the year. Therefore, we view this as a relatively short-term disruption that does not impact our long-term strategy and initiatives. While many companies have experienced product delays and shortages, Znergy has all of the necessary inventory to complete installations when our clients reopen for business. Most of our clients are predicting reopening to begin in May.”
Znergy Chairman of the Board, Rick Mikles, commented, “Znergy’s LED Lighting conversions provide the most common-sense Cost Reduction Program available to businesses today. An LED upgrade drops extra income to the bottom line each year, regardless of what the economy does.”
About Znergy, Inc.
Znergy, Inc. (OTC: ZNRG) is a leading provider of energy-efficient lighting products, lighting controls, and energy management solutions. Management is executing a growth strategy by developing large regional and national accounts and rolling out sales and installation teams across the United States. Znergy solutions enable customers to reduce energy consumption, lower maintenance costs, increase safety, and realize environmental benefits. Znergy is headquartered in Syracuse, Indiana. For more information, see our web sites at www.znergyworld.com.
This press release contains 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. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties, and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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