SOURCE: SpeechSwitch, Inc.

February 14, 2011 10:30 ET

SpeechSwitch, Inc. (USOTC: SSWC) Commercial Lease Completed

FLEMINGTON, NJ--(Marketwire - February 14, 2011) - Ken Glynn, President of SpeechSwitch, Inc. (PINKSHEETS: SSWC), today announced that the company has completed a commercial lease for a store at the Flemington Mall, Flemington, New Jersey. This welcome news comes after protracted efforts to lease from the owners of the Shoppes at Flemington, who went into receivership last Fall and left Tenants and prospective Tenants in the hands of a court-appointed receiver. When that effort failed to consummate, Ken sought an alternative location, and after some negotiation, a five year lease was signed last Thursday. The new location is strategically located between Panera Bread and Burlington Coat Factory on one side and Cold Stone Creamery and Kohl's Department Store on the other. Due to the incredible foot traffic between Burlington and Kohl's and the tremendous business by Panera, Ken believes that the new store will sit in the middle of the highest customer traffic area in the county. The approximately 2,400 square foot store will feature more than 120 products, including (a) solar power devices, such as cell phone, iPod, camera and other rechargers, solar paneled back packs and pocket books, (b) recycled products, including pocket books, clothing from recycled water bottles and recycled fabric, recycled plastic products and recycled metal products, (c) alternative heating devices that are eco-friendly, and (d) biodegradable products, including cleaning product, shampoos and health and beauty products. The clothing line will include more than a dozen varieties of caps, sweatshirts, shirts and tee shirts. There will be more than twenty five pocketbooks and backpacks with either solar packs or made of recycled materials. The store opening is scheduled for July 1st.

Ken also announced that the company will have an oversized GreenSmart Store booth at the Garden State GreenFest show next month and has been authorized to sell products directly to attendees. The show dates are March 18, 19 and 20th and all shareholders are welcome to attend and meet Ken.

He also urged the shareholders to follow the expansion, development and promotion of the new website over the next four weeks at www.greensmartstore.com. The site was originally set up for PayPal only, but the company recently received approval for and opened merchant accounts at Bank of America to accommodate credit card purchases as well.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    SpeechSwitch, Inc. (transitioning to Kenergy Scientific, Inc.)
    Ken Glynn
    CEO and President
    908 788 0077