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Canada Business News and Press Releases
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(EMAILWIRE.COM, September 21, 2010 ) Montréal, Québec - The publisher of hot OTC stocks picks free newsletter (http://thepennytrade.com/spotlight/) presents
the following penny stock to watch today:
OTC.BB: GLER Global Earth Energy, Inc, a U.S.-based provider of solar energy solutions, announced today that its wholly-owned subsidiary RCI Solar, Inc. has responded to a Request for Information (RFI) from one of North America's leading wireless telecommunication service providers. RCI Solar has submitted a quote for the design and installation of a customized solar energy back-up power system and related infrastructure.
"Due to the high costs to run a grid power line to a remote cell site, large telecoms are increasingly seeking alternative energy systems that can be deployed at a lower cost. President Obama's economic stimulus plan has lifted prior restrictions on tax incentives for solar paneling, providing even greater incentives for corporations to deploy renewable energy systems. Our quote provides a turnkey solution that augments power at existing cell sites to stabilize or lower grid power requirements for this major telecom provider," said Syd Harland, CEO of Global Earth Energy, Inc.
Through its subsidiary RCI Solar, Inc., Global Earth Energy is a leading solar solutions provider with extensive market experience in systems integration and the development of renewable energy products and services. Global Earth Energy plans to open a Canadian office based in Ontario to fill key contracts from RCI Solar Network. RCI Solar's mission is to make solar energy affordable in the residential, commercial and industrial sectors. RCI Solar offers a wide range of solar, thermo energy and other "go green" alternative products, primarily Solar Domestic Hot Water, Solar Photo Voltaic (PV) Panels and AQUA III Heating & Cooling System. Along with these products, RCI Solar supplies a wide variety of fan convectors, solar storage tanks, controls, inverters, and ancillaries. For more information, please visit www.globalearthenergy.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information 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, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Certain risks are detailed in the Company's Form 10-K and other periodic filings with the Securities Exchange Commission at sec.gov. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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