CALGARY, AB and New York, NY / ACCESSWIRE / March 17, 2015 / Perpetual Industries
Inc. (OTC:PRPI), a developer of new and
innovative energy efficient products, today announced that the Company has engaged Hanover International, Inc. as its
Capital Markets Advisor.
Led by
President and CEO, James Hock, Hanover International has advised more than 300
micro/small- and mid-cap companies with defining and implementing their
respective debt/equity capital formation, mergers and acquisitions and
institutional shareholder relations strategies. Responsible for creating an
effective campaign, Hanover will be applying best industry practices in the
areas of financial communications and corporate finance advisory for Perpetual
Industries.
Brent Bedford, President and
CEO of Perpetual Industries, stated, "We are very pleased to be working with the
entire team at Hanover. Perpetual Industries is at an important stage in its
growth and we need an experienced and well-respected partner like Hanover to consult
with about financial strategy, investor relations, and capital formation. Hanover
has a strong understanding of the Company's vision, strengths, and needs. With
their services at hand, our resources can be freed up to focus on our primary
goal: the optimization, implementation and commercialization of the XYO Technology."
About Perpetual Industries Inc.
Incorporated in Nevada and based in Calgary,
Alberta, Perpetual
Industries Inc. (OTC:PRPI) is an emerging growth company focusing on research, development
and industrial design of new and innovative energy efficient products. At its
core is an automatic, mechanical balancing technology called XYO, used for
balancing rotating parts in machines so that they produce less vibration and
operate more efficiently. Perpetual sublicenses XYO to third parties and
directly develops and manufactures products containing XYO. For more
information, please visit: www.perpetualindustries.com.
Forward Looking Statements
This document may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements involve assumptions, expectations and projections
about events subject to risk and uncertainty; these estimates reflect the best
judgment, at the time, of our senior management. Expressions like "believe,"
"anticipate," "intend," "estimate," "expect," and "project," identify them, but
they do not always contain such words. They may relate to our anticipated sales
performance and trends, operating income, cash flows, business strategies and
initiatives, and other matters. Actual results may differ and matters and
transactions may not proceed as contemplated. Unknown or unpredictable factors
could have material adverse effects on our future results, performance or
achievements.
We caution you not to rely unduly on our
forward-looking statements. Investors should consider our Securities and
Exchange Commission (SEC) filings, including our Registration Statement on Form
S-1, Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, especially
the "Management's Discussion and Analysis" and "Risk Factors" sections, and our
Current Reports on Form 8-K.
We undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, nor to update any news release, SEC
filing, presentation, or website.
Investor Relations
Perpetual Industries Inc.
(403) 214-4321
info@perpetualindustries.com
SOURCE: Perpetual Industries Inc.