Total Revenues Expected to Top $8.5 Million in 2010
Global Earth Energy, Inc. announced that its wholly owned subsidiary RCI Solar, Inc., a North American provider of renewable energy products and services, has received commitments totaling $3 Million in solar energy product sales from its dealership network for accelerated delivery in 2010.
“In just six short months, our dealers have accounted for over $3 million in contractual sales. With a strong pipeline of additional contracts, RCI is on track to achieve record sales growth this year. We expect to generate total revenues of approximately $8.5 million to $10 million in 2010,” said Mel Dick, president of RCI Solar, Inc.
“A well-established dealership network provides the expert implementation, installation and maintenance of all our systems. New business referrals from our dealerships can lead to additional revenue upside potential in the near future,” said Syd Harland, CEO of Global Earth Energy, Inc.
About Global Earth Energy, Inc.
Through its subsidiary RCI Solar, Inc., Global Earth Energy, Inc. provides renewable energy products and services to residential and commercial markets in North America. The Company sells complete turnkey renewable energy solutions based on three core products: 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 from its headquarters in Vancouver, British Columbia, Canada.
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 www.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.
Contact:
Global Earth Energy
Tel: 910-270-7749
www.globalearthenergy.com
SOURCE: Global Earth Energy, Inc.
http://www.globalearthenergy.com
