MIAMI BEACH, Fla., Feb. 17, 2011 (GLOBE NEWSWIRE) -- Legends Business Group (Pink Sheets:LGBS) today announced it has retained investor relations and public relations counsel. The Company has retained Peter Nasca Associates, Inc. to handle public relations for the alternative and exotic energy firm and The Cervelle Group to handle investor and shareholder relations.
"We have an excellent story to tell and we have reached that stage in our development when the time has arrived to tell that story through professionals," said Rolando Sablon, president of Legends Business Group. "Peter Nasca Associates, Inc. has more than a quarter of a century of success as one of the region's leading public relations firms. The Cervelle Group is not only well established but also has an outstanding reputation in the financial community."
"The alternative and exotic energy sector is very hot and both Dave Donlin, president of The Cervelle Group, and I are impressed with the direction Legends is taking," said Nasca. "While the Company is reaching out to developers to incubate exotic energy concepts, it also has an excellent portfolio of alternative products available for sale on its site www.legendspower.com."
The Company recently announced it has begun to negotiate with a grant specialist group to assist the company in locating additional outlets for its alternative energy, as well as entering into a non-disclosure agreement in connection with the possible acquisition of a Florida based engineering firm that designs and manufactures electronics for a major amusement park in Florida and California. Mr. Sablon said the firm specializes in both analog and digital engineering solutions, including robotics.
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com.
Safe Harbor Statement
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.