Tampa, FL, Sept. 25, 2012 (GLOBE NEWSWIRE) -- Innovative Software Technologies, Inc. (INIV.PK) announces that its green energy division, Znergy, Inc., (www.Znergy.co), a wholly-owned subsidiary, has hired Gregory Jennings as Vice President of Sales.
"With more than 30 years of experience in the energy solution, design/build, and community revitalization fields, Mr. Jennings brings the ideal background to drive sales for Znergy. We look forward to executing our green energy initiatives with him as part of our team," said Peter Peterson, President and Chief Executive Officer for Znergy, Inc.
Gregory Jennings states, "My extensive background in bringing energy efficiency solutions to a range of industries, particularly manufacturers and bottlers, will provide Znergy with strong leadership and market share knowledge. Since I am based in Philadelphia, I have the ability to work with our target industry market in the northeast, as well as nationwide, which will benefit from Znergy's green energy offerings."
About Znergy
Znergy, Inc. specializes in forming strategic partnerships with leading edge technologies in delivering energy efficiency and renewable energy solutions. Znergy's energy solutions enable customers to reduce energy consumption, lower operating and maintenance costs, and reduce carbon footprints. The primary services include energy-saving performance system solutions, engineering and analysis, energy audits and analysis, power system optimization, design/build, as well as measurement, verification and sequestering carbon credits.
About Innovative Software Technologies
Innovative Software Technologies, Inc. (INIV.PK) (www.ISTglobalpartners.com) is a marketing and management company engaged in owning, developing, and marketing a variety of technologies through its wholly-owned subsidiaries, Znergy, Inc. and INTech Ventures, Inc. The Company is also focused on potential business acquisitions and strategic partnering in the renewables and energy efficient industry.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Relations Contact :
Innovative Software Technologies, Inc.
Peter Peterson
813-448-6794
PPeterson@znergy.co
Source : Innovative Software Technologies, Inc.