LAS VEGAS, Nov. 19 /PRNewswire-FirstCall/ -- Easy Energy, Inc.
(OTCBulletinBoard: ESYE)
(http://www.easy-energy.biz), inventor and manufacturer of the Yogen(R) product suite, a series of highly innovative man-powered generators for recharging cellular phones and small electronics devices, is pleased to announce that the final version of the Yogen(R) has been completed and is now ready for mass production.
On April 20th of this year the company executed an agreement for the Middle East Territory with Al-Sadeef Trading Company (headquartered in Jordan) and its shareholders Mr. Tahseen Jasim Hamadi and Mr. Ali Jasim Hamadi. In exchange for exclusive sales and marketing rights in the region, Al-Sadeef agreed to purchase an amount of at least 300,000 Yogens per year or $3,000,000.
ESYE's CEO, Mr. Guy Ofir, remarked: "This is a significant event in our company's history. The hard work of our R&D and management teams has resulted in a Yogen(R) that is ready to go to market. As our company expands we are also pleased to announce that negotiations with other potential distributors in Europe and Africa are taking place and we are hopeful that we will be able to sign another exclusive distribution agreement before the end of the year."
About Easy Energy
Easy Energy, Inc
(OTCBulletinBoard: ESYE)
is the sole owner of the Yogen(R) man-powered charger products. The company is headquartered in Naariya, Israel. Visit http://www.easy-energy.biz.
Forward-Looking Statements: Actual results could differ materially from any forward-looking statements contained in any Easy Energy press release. All statements made in this press release are made as of the date of the release and could change due to unknown risks and uncertainties.
Website: http://www.easy-energy.biz/