SOURCE: AC ENERGY INC.

March 05, 2007 08:00 ET

AC Energy Secures Letter of Intent

GARDNERVILLE, NV -- (MARKET WIRE) -- March 5, 2007 -- (PINKSHEETS: ACEN) AC Energy is pleased to announce overwhelming interest from industry giants from around the globe, seeking their revolutionary uninterrupted power supply technology. AC Energy’s team is working hard to correspond with all interested parties. So far AC Energy is pleased to announce that they have secured the first letter of intent for an agency license with Innovative Energy and Environmental Solutions (IES) of New Jersey. IES’ goal is to treat AC Energy as a business partner, to combine their excellent, in depth knowledge of evolving energy technologies, with a commitment to the successful introduction of AC Energy’s new and patented battery technology.

IES is currently involved in the following emerging energy industries: Ethanol, Butanol, wind, solar, oil shale, waste to energy, wave to ocean as well as environmental technologies such as clean coal and water purification. IES has ongoing activities and projects at various stages of development, and has every confidence that the technology being introduced by AC Energy in the field of battery technology will establish them as a worldwide leader. Please watch ACEN. PK closely for future news releases.

About AC Energy Inc.

AC Energy is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivering a commodity of peerless value with virtually unlimited applications in commercial, industrial and military markets.

Forward-Looking Statements:

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by AC Energy Corp. with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of AC Energy Corp. as of the date of this release. AC Energy Corp. and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Mike Dillon,
President and Director

Contact Information

  • CONTACT:
    AC Energy Inc.
    775-782-6739
    1528 Hwy 395 N # 130
    Gardnerville, NV. 89410
    www.acenergy.ca