PMFI Adopts Cleantech Focus
PMFI Adopts Cleantech Focus
Irvine, California, (May 1st , 2015) Probe Manufacturing, Inc. (“PMI”), (OTC QB : PMFI), announced changes to its organization that will shift the focus of the company to its innovation & product development incubation services with emphasis in Cleantech and high growth opportunities.
We are very encouraged by our new focus and our upcoming programs offering product development acceleration to startups and VC backed companies. Our Growth strategy is to leverage our currency and core competencies in engineering, project management and manufacturing for increased sales and equity opportunities in Cleantech.
As a result of this new focus we are exploring several opportunities, including patented eco-friendly water agent concentration technologies developed in Europe, which in some applications reduces irrigation water need 30-50% and would be currently very useful in California; heat to power generator technologies that can provide lower, more stable power bills and an added source of electricity revenue from otherwise waste heat sources; lithium Ion battery storage devices for wind and solar power companies that can provide an attractive cost structure relative to other alternative energy and distributed generation solutions.
We are optimistic that we can leverage our currency and core competency in engineering, manufacturing, project management and distribution to drive new growth opportunities in Cleantech resulting in increased sales, profitability and equity opportunities.
About Probe Manufacturing, Inc.
PMI is a product development accelerator supporting the technological innovators with engineering and manufacturing services through our operations in California and Utah, and as well as factories Worldwide. Our cross-market segment experience from Cleantech, medical, instrumentation to aerospace helps us bring effective solutions to tough technical product development problems. PMI’s common stock is traded on the OTC QB Market under the symbol PMFI. For more information visit us at www.probeglobal.com.
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This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; the uncertainties relating to the implementation of PMI’s business strategy and adherence to its business model; and other risk factors as outlined in the company’s periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Kam Mahdi, CEO
John Bennett, CFO