OXFORD, Miss., May 11, 2006 (PRIMEZONE) -- Energy Vision International (Pink Sheets:EGVI), a rapidly growing diversified energy company, is gaining market recognition from a leading stock research group.
PQL Research editor Tim Fostik stated, "Energy Vision International appears to be an attractive, relatively unknown company in what is really becoming a white-hot industry. While there are several solar and wind companies attempting to make their mark, Energy Vision International is the first publicly traded company I've seen pegged to geothermal energy and technology. The latest data I've located suggests that the U.S. alone has an estimated 150,000 MWe of geothermal capacity, of which only 2,800 MWe of production is actually online. There certainly exists a large space for ambitious small companies to enter this market and be successful. With under a $2M market cap and company-projected revenues from one subsidiary at $1M alone, Energy Vision International seems fairly inexpensive considering its future potential in a market that is no doubt going to grow exponentially in the coming years."
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About the Company
Energy Vision International grows through energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, and sales of energy conservation solutions. The company has three subsidiaries at present with plans for more.
The company's subsidiary, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.energyvisionintl.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.