CALGARY, April 24, 2018 /CNW/ - Zedcor Energy Inc. (the
"Company" or "Zedcor") (TSX VENTURE: ZDC) is pleased to announce
that it has signed an Amendment to the Exclusive Distributorship
and Supply Agreement previously entered into with Hybrid Light
Solutions, LLC. ("Hybrid") wherein Hybrid will exclusively sell
Zedcor their hybrid solar powered lighting systems and light
towers. This equipment will available for rent from Zedcor
throughout Western Canada.
The amendment expands the exclusive territory to include all of
Alberta, British Columbia, Saskatchewan, Manitoba, Yukon and the Northwest Territories, and extends the
termination date of the Agreement by three years from December 31, 2018 to December 31, 2021.
The lighting systems combine the latest in lithium ion battery
cells with high efficiency LED lighting, which together optimize
fuel consumption and power output while simultaneously reducing CO2
and particulate output by over 90% when compared to conventional
diesel light towers. Many of these units will also be
equipped with high resolution surveillance cameras and marketed in
conjunction with Zedcor's new security and surveillance service
offering, wherein the Company will remotely monitor assets,
construction sites, or other venues while also meeting the
customers lighting needs. Zedcor's security and surveillance
services are provided by licensed professionals most of whom are
former police officers who bring with them many years of knowledge
and experience.
Ian McKinnon, President &
CEO, stated "These new light towers, when paired with our new
security and surveillance service offering, provide our customers
with the security services they require to protect their assets,
while also providing them the financial benefits of lower operating
costs and the environmental benefits of a smaller carbon
footprint".
Forward-Looking Statements and Information
Certain statements included or incorporated by reference in this
press release constitute forward-looking statements or
forward-looking information. Forward-looking statements or
information may contain statements with the words "anticipate",
"believe", "expect", "plan", "intend", "estimate", "propose",
"budget", "should", "project", "or similar words suggesting future
outcomes or expectations. Although the Company believes that the
expectations implied in such forward-looking statements or
information are reasonable, undue reliance should not be placed on
these forward-looking statements because the Company can give no
assurance that such statements will prove to be correct.
Forward-looking statements or information are based on current
expectations, estimates and projections that involve a number of
assumptions about the future and uncertainties. Although management
believes these assumptions are reasonable, there can be no
assurance that they will be proved to be correct, and actual
results will differ materially from those anticipated. For this
purpose, any statements herein that are not statements of
historical fact may be deemed to be forward-looking statements. The
forward-looking statements or information contained in this press
release are made as of the date hereof and the Company assumes no
obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new contrary
information, future events or any other reason, unless it is
required by any applicable securities laws. The forward-looking
statements or information contained in this press release are
expressly qualified by this cautionary statement.
About Zedcor Energy Inc.
Zedcor Energy Inc. is a Canadian public corporation and parent
company to Zedcor Energy Services Corp. ("Zedcor Corp."). Zedcor
Corp. is engaged in the rental of surface equipment and
accommodations to the Western Canadian Oil and Gas Industry. The
Company trades on the TSX Venture Exchange under the symbol
"ZDC".
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Zedcor Energy Inc.