EPOD Management announces the Company has entered into an agreement to acquire a controlling interest in Innovative Systems Engineering Solar, LLC ("ISE Solar"), a leading provider of vacuum deposition equipment based in Warminster, Pennsylvania. Founded in 1994, ISE's core focus is state-of-the-art equipment, control systems, and full factory solutions for the manufacture of thin-film amorphous silicon photovoltaics, although the company also offers similar solutions for industries ranging from automotive assembly to semiconductor processing. ISE offers standard equipment including sputtering systems, evaporators, plasma deposition, CVD and etch systems, as well as custom equipment engineered to client specifications. In addition to possessing extensive experience in the construction of thin-film solar panel factories, ISE management is also experienced in the management and operation of thin-film solar plants.
The acquisition of ISE Solar represents the last component of EPOD's strategy to become a fully vertically integrated power generator and manufacturer of thin-film-based solar panel factories and commercial solar installations. With this acquisition, the Company now possesses all of the components for amorphous-silicon manufacturing, assembly, installation, and operation.
L. Mark Roseborough President EPOD International Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD's future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's 10-KSB for year ended December 31, 2005 filed on or about April 17, 2006, and incorporated herein by reference.
About EPOD: EPOD International Inc. is a leader in the development of advanced energy management technologies with real-world market applications. The Company's patent-pending 'Energy Pod' technology manages and manipulates electrical energy such that utilization of DC-electric battery power becomes significantly more efficient. EPOD's patent-pending and proprietary technologies are applicable to a wide variety of industries and applications, and are available through licensed OEM's and directly to end-users.
The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.
For more information please contact: Brett Walker Telephone: (604) 669-0600 Fax: (604) 662-0672