Higher Oil and Gas Prices to Increase Value Proposition for Zurvita’s Commercial Energy Services
29 April 2010 - 2:30PM
Business Wire
Zurvita Holdings, Inc. (OTCBB:ZRVT) (“Zurvita” or the
“Company”), a dynamic direct-to-consumer network marketing company
offering turn-key solutions for high-quality consumer and business
products and services, reported increased optimism about the
company’s energy-related offerings like Zurvita Choice®, noting
that rising oil and natural gas prices are creating an even
stronger value proposition for its commercial energy services.
Crude oil recently rose to an 18-month high, reaching over $87 a
barrel from $69 in early February on optimism that oil demand would
increase following an improved economic outlook. In July 2008,
crude oil reached a record high of over $147 a barrel after trading
in the $90 a barrel range just a few months earlier.
“Everyone’s attention is on energy. Sudden increases in the cost
of fuel have the ongoing potential to hurt both consumers and
businesses alike. Those consumers and businesses are increasingly
vigilant, seeking to maximize their savings and minimize their
risk,” explained Zurvita Co-Chief Executive Officer Jay Shafer.
“Even though energy deregulation has now made it possible for
customers to choose who will provide their power, many consumers
and business owners aren’t aware that they have a choice and aren’t
taking advantage of potential costs savings. Given the number of
suppliers that are out there, they can be paying less for their
energy. Zurvita Choice® by MXenergy gives consumers and business
owners in Texas, Georgia, New York, New Jersey, Ohio, Michigan and
Indiana the option to lock in energy prices with fixed term
rates.”
Mark Jarvis, Founder and Co-Chief Executive Officer of Zurvita,
stated, “We believe that a catalyst for economic change will be
partly driven by the national momentum of energy reform and
deregulation. As a result, the opportunities for growth for Zurvita
and its independent business consultants are tremendous as we work
to show energy users that they have a choice of providers now, and
how to save money on their bills every month. We are in the
development stage of our new energy technology platform, which will
provide our certified energy consultants with a web-based portal to
manage business by enhancing their ability to present competitive
data to commercial accounts as well as manage and track revenue and
commissions.”
Concluded Mr. Shafer: “Zurvita has positioned our independent
business consultants to make cost savings available to energy
customers in key markets around the country making this a true
‘win-win’ scenario for everyone involved as we get out in front of
this changing market.”
More information on Zurvita, the opportunity, and the product
and service offerings can be found at: http://www.zurvita.com
About Zurvita Holdings, Inc.
Zurvita is a dynamic direct-to-consumer marketing company
offering high-quality products and services targeting individuals,
families and small businesses. The company's highly differentiated
services feature best in class consumer products and small business
solutions through a growing network of independent sales
consultants. Zurvita has rapid growth potential due to its
experienced sales management team and its unique
business-to-business strategy offering turnkey solutions for
commercial and residential energy, advertising, telecommunications
and financial services.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, and distributor
performance, the impact on the national and local economies
resulting from terrorist actions, and U.S. actions subsequently;
and other factors detailed in reports filed by the Company.
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