Kender Energy Inc. Retains Annex Investor Relations Services in Preparation of Extending Shareholder Base
20 August 2009 - 3:00PM
Marketwired
Kender Energy Inc. (PINKSHEETS: KNDR) is pleased to announce that
it has signed with Annex Investor Relations Services for ongoing
services as it prepares to extend its shareholder base, following
the successful completion of its Phase 1 testing on its
revolutionary solar power engine.
The new Investor Relations agreement is for 50,000 restricted
shares with options to purchase another 10k shares at $0.50, and
10k at $1.00. Contracted services will be based upon an 8 week
reoccurring cycle, with ongoing restructured share options.
Toronto-based Annex-IR provides a comprehensive range of
Investor Relations services to a growing list of clients in North
America and around the globe. Annex delivers expertise and
professionalism in such areas as Investor Management; Relationship
Building; Awareness Campaigns; Online Presence and Corporate
Identity.
Annex-IR strategically manages the responsibility that
integrates finance, communication, marketing and securities law
compliance to enable the most effective two-way communication
between a company, the financial community, and other
constituencies, which ultimately contributes to a company's
securities achieving fair valuation.
"Adding to our existing Investor Relations team will allow us to
deal with the increase in our North American shareholder base,"
stated Mr. Sean Kelly, President and CEO of Kender Energy Inc.
"With the anticipation of increased oil and gas prices, combined
with the recent success of our Phase 1 testing, we expect major
growth in solar power demand and we must be in a position to
effectively communicate our message to new and existing
shareholders alike."
To learn more and to subscribe for alerts and current news,
visit: www.Annex-IR.com
About Kender Energy Inc.:
Kender Energy Inc. is a development phase company active in the
field of solar energy. Its present prototypes of solar panels are
being developed into a full-scale solar energy production system.
The particularity of the Kender solar panel system and technology
is to allow, via a closed circuit of gas (usually helium), to
create a heat exchange with the sunlight and the air from the
environment. The exchange generates the spinning of the helium gas
in the closed circuit, propelling a turbine, which produces
electricity in a 100% clean and renewable process. The system's
main advantages are that it is efficient, cheap in production, and
modular. The company is based near Geneva, Switzerland. Its Website
is www.kendersolar.com.
Safe Harbor Statement
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct. A
number of factors may affect our future results and may cause those
results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
For more info. contact: Annex Investor Relations Services
KNDR@Annex-IR.com +1 (647) 351-7477 Kender Energy Inc. Sean Kelly
President (41) 22 700 7648 investors@kenderenergy.com
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