SOURCE: Energy 1 Corp.

August 26, 2009 09:00 ET

Energy 1 Applies for Certification by the International Council for Corporate Governance

DETROIT, MI--(Marketwire - August 26, 2009) - Energy 1 Corporation (PINKSHEETS: EGOC) announced today that it has applied to be certified by the International Council for Corporate Governance (ICCG), an international organization structure using the best corporate governance practice published by the United Nations.

The certification is currently under review by the ICCG and is expected to be received by the end of September or sooner. The ICCG helps companies comply with best corporate governance practice, which ensures the protection of shareholders.

"It is not necessary in today's world to file financial results, shareholders need to be reassured that the board of directors protects their interest in every way," said Robert Wilson, President and CEO of Energy 1 Corp. "This certification, when granted, will stand us apart from companies, which does not have any standards when it comes to corporate governance and shareholder protection," further added Mr. Wilson.

About Energy 1 Corporation

Energy 1 Corporation is a US-based Energy Research and Development Corporation, which is developing a long-life energy generator and storage systems for residential, commercial and transportation industry.

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Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Company's website does not constitute a part of this release.

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