BOCA RATON, Fla., May 24, 2012 /PRNewswire/ -- Energy 1 Corporation
(OTC: EGOC) announces that it has entered into a distribution
agreement with TransBioTec, Inc. (OTCQB: IMLE).
"For E1, this is all about enhancing the value we offer
customers," said Raymond T. Brown,
Chairman of E1. "The SOBR system gives us an extra tool for
fleet operators seeking to lower insurance costs and reduce
liability risks of the operator."
"This was an easy collaboration," said Scott Painter, CEO of TransBioTec. "We
share the same customers while selling non-competitive products and
services. By joining forces, we both benefit."
About Energy 1 Corporation
Headquartered in Boca Raton,
Florida, E1 develops, manufactures and distributes fuel
efficiency and emission reduction solutions for retrofit on diesel
and gasoline powered equipment. E1's technologies are
available for variable as well as constant speed motors and can be
configured to meet most desires or need.
For more information, please visit:
www.Energy1Corp.com
About TransBioTec, Inc.
TransBioTec has developed and patented a non-invasive alcohol
sensing system "SOBR" that can determine the alcohol level of a
driver, pilot, equipment operator, etc., which includes an ignition
interlock. SOBR is the first product to the market, which is
entirely non-intrusive, non-invasive. The detection mechanism
is specific to blood alcohol. SOBR can dramatically reduce most
alcohol related vehicle accidents and deaths. Additionally it
can offer vehicle insurance premium discounts to policyholders, who
install SOBR provide a huge savings for fleet operators, especially
the largest with thousands of trucks.
There are many large market TransBioTec opportunities in
addition to the 15.5 million commercial trucks and truck fleets in
the US alone. These include 440,000 school buses, metro
buses, subways, trolleys and trains, aviation and entry screening
in security, weapons, dangerous machinery areas, manufacturing
floors, and crane and heavy equipment operation.
For more information, please visit: www.SOBRFleet.com
Forward-Looking Statement: Please be advised that
statements made herein, other than historical data, constitute
forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those
stated or implied by such forward-looking statements.
Contact:
Energy 1 Corporation
561-347-6462
nfo@Energy1Corp.com
SOURCE Energy 1 Corporation