"We are very excited about this opportunity. I feel strongly that EAM will be better able to achieve greater profitability by combining our dynamic energy storeage technologies, product development capabilities and lean manufacturing methods with Recursos
Puerto Plata, Dominican Republic (PRWEB) November 07, 2014
Recursos Montana SA (OTCBB:”REMO”) is pleased to announce today that it has entered into an agreement to purchase Tanaris Power [http://www.tanarispower.com, a Tanaris System Brand (“Tanaris”); 100% owned by Enterprise Asset Management Inc. (EAM). Tanaris develops Smart Lithium-Ion batteries and power solutions for various industrial applications, marketed under a variety of brands. Tanaris’ forte is the design, engineering and production of some of the world’s safest, highest performance, most reliable and flexible Lithium-Ion batteries.
"We are very excited about this opportunity. I feel strongly that EAM will be better able to achieve greater profitability by combining our dynamic energy storeage technologies, product development capabilities and lean manufacturing methods with Recursos Montana’s corporate experience and resources,” stated Bruce Farmer, CEO of Enterprise Asset Management.
“Recursos Montana SA has committed to exploiting what we consider a game changing technology that will result in energy efficiencies while reducing our customers’ carbon footprints. The products and services EAM and Tanaris bring to our Company gives us the ability to immediately develop a strong position in the high tech niche of cutting edge power management solutions to the industrial Lithium-Ion battery industry; increasing the potential for strong revenues while building shareholder value, a very rewarding business model,” commented Luis Rodriguez, CEO of REMO.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the Transaction, the expected timetable for completing the Transaction, benefits and synergies of the Transaction, future opportunities for the company, expectations regarding the value and benefits of the Transaction and any other statements about Recursos Montana SA managements' future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: the ability of the parties to consummate the Transaction and satisfy the conditions thereunder; the ability to obtain, the impact of any actions taken by any other party to complicate, delay or prevent the transaction Except as required by applicable law, Recursos Montana SA disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.
Luis Rodriguez, C.E.O.
Recursos Montana SA
Oceanview Investor Relations