MIAMI, June 30, 2011 (GLOBE NEWSWIRE) -- Legends Business Group (Pink Sheets:LGBS) today announced it has entered into an agreement with Excellent Energies to help develop alternative energy products for the Miami-based firm. Last week, Legends announced it had entered into an affiliate agreement with Excellent Energies to offer Excellent Energies' highly effective, energy products and local services.
In the latest development between the two local firms, Legends has signed a non-disclosure agreement to aid Excellent Energies in the research and development of proprietary, alternative energy products. Legends President and CEO, Rudy Sablon, said they cannot disclose the products they will be developing at this time.
"Because of the sensitive nature of this research and development we cannot divulge the nature of the products we will be working on," said Sablon. "I can say that it will be in keeping with the high level of products Excellent Energies currently offers such as the Green Energy Conditioner (GEC) also known as the Energy Box."
The Energy Box is designed to provide significant savings on electric bills increase the life of electrical motors through heat reduction and provide surge protection for an entire home or facility. It causes less waste of electrical energy while increasing the life of the inductive equipment in a home or office. It also protects against power surges and increases the capacity to the electrical panel by making it run cooler.
"We love to support local alternative energy companies and hope that by combining our resources we can help everyone by introducing new innovative products to the alternative energy market," added Sablon. "We see this as just the beginning of a hopefully long-term cooperative venture."
Excellent Energies is a worldwide technology company dedicated to the balance and management of natural resources with the desire to provide efficient and effective services to residential and commercial property owners. One of their primary goals is to implement energy efficient measures in order to reduce traditional electric consumption.
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: www.legendspower.com/" target="_top" rel="nofollow">http://www.legendspower.com
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