SOURCE: City Capital Corp.

March 16, 2011 11:00 ET

City Capital Subsidiary ERX Energy Reports $1,200,000 Initial Revenue and Announces Solar Contract

NEW YORK, NY--(Marketwire - March 16, 2011) - City Capital Corporation (PINKSHEETS: CTCC) today announced that its recently formed subsidiary ERX Energy, LLC, has completed revenues in excess of $1,200,000 for the month of February, primarily from Fortune 100 companies. In addition, ERX Energy has signed a new solar project. Specializing in commercial, industrial, municipal and solar roofing applications and integration, ERX Energy continues to service all the solar and roofing needs of the Northeast.

Jeffrey Smuda, Chief Executive Officer of City Capital Corporation, stated, "This first full month of revenues for our newly formed subsidiary marks a solid beginning for the new direction of City Capital Corp. Backlog is solid, and solar project bidding continues to increase as the year progresses." 

About City Capital Corporation
City Capital Corporation (PINKSHEETS: CTCC), through its subsidiaries, has entered the emerging solar energy technology and related services industry. Its holdings and partnerships in the green energy market currently focus on the design, integration, installation, and maintenance of solar roofing projects and related services for its clients across the nation. City Capital through its subsidiaries and joint venture partners seeks to expand its presence in the alternative energy services industry.

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