Ener-Core, Inc. (OTCBB: ENCR) designs, manufactures and has commercially deployed unique systems that generate base load, clean power from polluting waste gases including low-BTU methane; Ener-Core’s patented Power Oxidizer turns one of the most potent pollution sources into a profitable, “always on” source of clean energy, according to the company’s website (see here: www.Ener-Core.com). SNNLive caught up with Alain Castro, CEO of Ener-Core, Inc. at the 4th Annual SeeThruEquity MicroCap Investor Conference 2015 in New York City, NY.
“Ener-Core is a technology company that has developed and deployed and is currently operating a breakthrough technology that can generate clean energy from the waste gases that are produced and emitted into the atmosphere by a wide range of industries, ranging from refineries and petro-chemical plants to alcohol distilleries, land fills and wastewater treatment plants,” Mr. Castro begins.
Mr. Castro goes on to discuss how the technology works, how the company deploys their technology into the various industries mentioned in the overview, Ener-Core’s business model, and then goes into an update since the last time we spoke with him, 18 months ago (Click here):
“What we’ve done in the last two years is we successfully inaugurated our first commercial unit in Holland on a land fill, we closed a global license agreement with Dresser-Rand. We then supported Dresser-Rand in selling two more units to an ethanol facility, hence getting into another industry; and, we are now supporting Dresser-Rand in getting into a variety of additional industries, such as refineries, petro-chemical plants, and so on. We have increased our patent portfolio from what was about 4 or 5 patents, to today where we have 18 patents; and we have just sold another system in California and are now successfully scaling this up to a much larger size, 7 times larger than the size we were talking about when we last met.”
Mr. Castro concludes with his insights for the company going into the rest of 2015, heading into 2016. For more information about Ener-Core, Inc., go to: www.Ener-Core.com
Cautionary Statement Regarding Forward-Looking Statements
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Information provided by Ener-Core, Inc., such as online or printed documents, publications or information available via its website may contain forward-looking statements that involve risks, uncertainties, assumptions, and other factors, which, if they do not materialize or prove correct, could cause its results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may include, among others, plans, strategies, and objectives of management for future operations; any statements regarding proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. The information contained in this release is as of the date of this press release. Except as otherwise expressly referenced herein, Ener-Core assumes no obligation to update forward-looking statements.
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