SOURCE: IX Energy Holdings, Inc.

IX Energy Holdings, Inc.

June 22, 2009 10:05 ET

IX Energy and Legatus6 Awarded Solar Rooftop Project at VA Medical Center

NEW YORK, NY--(Marketwire - June 22, 2009) - IX Energy Holdings, Inc. (OTCBB: IXEH), a company engaged in the development of solar power and other renewable energy solutions for the federal government and commercial markets, announced that it is teaming with Legatus6 in a procurement 100% set-aside for service-disabled, veteran-owned, small businesses (SDVOSB) to design and build a solar rooftop array at the Veterans Affairs (VA) Ann Arbor Health Care System in Michigan.

The system is part of a Veterans Affairs-wide push to use renewable energy under an order signed by President Bush in January 2007 to improve energy efficiency and reduce greenhouse gas emissions by 3% per year or 30% by the end of 2015.

Steve Hoffmann, CEO of IX Energy, said, "Hospitals are significant consumers of energy, with large carbon footprints, so they are a good fit for clean renewable solar power. In addition, VA hospitals are also under a broader federal mandate for government agencies to increase their consumption of renewable energy, which is creating more demand and opportunities in the market. We are pleased to work with this VA facility in its effort to increase its use of renewable energy."

Hoffmann added, "This is the first solar project we have won through our recently announced teaming agreement with Legatus6. In addition, we are seeing an increasing level of opportunities in the federal markets for facilities and agencies responding to mandates for renewable energy and reduction of their carbon footprints."

Robert Bowe, CEO of Legatus6, said, "We are pleased to have been selected to deliver this solar array to the VA medical center in Ann Arbor. The Ann Arbor VA has taken the lead in terms of its commitment to renewable energy, and as renewable energy is a core offering of Legatus6, we are looking forward to helping it achieve its energy objectives."

About Legatus6

Legatus6, founded in 2007, is a Service Disabled Veteran Owned Small Business (SDVOSB) providing professional services including program management, intelligence support, information technology, logistics, base operations, and staffing to the federal government. Bob Bowe, and his partner and President of Legatus6, John McCann, both have extensive executive experience in industry. Bob Bowe has over 28 years on active duty in the U.S. Army where, among other senior officer assignments, he has had command responsibility for the operation of large facilities, the type now being mandated to achieve energy savings as described above. Past and current clients include the U.S. Army, Department of Homeland Security, National Geospatial-Intelligence Agency, National Institutes of Health, various Defense activities, and the Nuclear Regulatory Commission. For more information about Legatus6 go to www.legatus6.com.

About Veterans Health Administration (VHA)

VA operates the largest direct health care delivery system in America. VA meets the health care needs of America's veterans by providing a broad range of primary care, specialized care, and related medical and social support services. VHA has a wide range of land (15,708 acres), buildings (4,894) and equipment to accomplish VA's mission.

About IX Energy Holdings, Inc.

Founded in 2006, IX Energy, Inc., the wholly owned subsidiary of IX Energy Holdings, Inc. is a renewable energy services company engaged in the design, marketing development and financing of solar power systems and other renewable energy solutions to federal and commercial customers. In June, 2008, the Company entered into a non-exclusive agreement with Federal Prison Industries, Inc. ("UNICOR"), under which UNICOR provides the labor for assembly and production of solar panels for the Company, and the Company sells the solar panels to Federal customers. The agreement has a term of five years.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

Contact Information

  • Company Contacts:

    Corporate Communications
    Aspire Clean Tech Communications, Inc.
    Todd M. Pitcher
    760-798-4938

    Rubenstein Investor Relations
    Tim Clemensen
    212-843-9337