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Electron Solar Energy Announces Results for the Second Quarter of 2007
October 16, 2007
MIAMI--(BUSINESS WIRE)--Electron Solar Energy (OTC:ESRG), an international distributor of alternative energy systems, announced today its financial results for the quarter ended June 30, 2007. The Company voluntarily files detailed, quarterly reports on http://www.pinksheets.com and expects third quarter statements to be posted by mid-November.
For the second quarter ended June 30, 2007, The Company attributes increased revenues from sales gained from its core battery customers, new sales from solar panel systems, and the advancement of shipping and inventory methods. President and CEO of Electron Solar Energy Christopher Quinn, said, “We are very pleased to be turning some corners this year. During the Second quarter, we expanded our sourcing to multiple suppliers of solar panel equipment, enabling us to package customized solutions for our residential and commercial customers. We also have our strong distribution network in place, along with our expanded facility in Miami, which enables us to achieve quicker turnarounds on orders, from anywhere in the world. With our recently added high-margin, installation services, we expect to report a record year of growth in 2007.”
Financial statements for the Third Quarter are currently being prepared, and the numbers appear to be record breaking for the company both in sales revenue and in profit.
About Electron Solar Energy
Electron Solar Energy, based in Miami, Florida, is engaged in the international distribution of alternative energy systems. The Company's turnkey solutions provide solar and wind energy generation, as well as energy storage systems sold B2B and B2C worldwide. The Company also sells a proprietary line of sealed batteries, inverters, converters, Solar Panels, Related components, and gas and diesel fuel generators. For more information on the Company, visit www.electronsolarenergy.com. For investor relations, visit http://www.otcfn.com/esrg.
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