SOURCE: Techalt, Inc.

August 09, 2012 10:00 ET

Techalt, Inc. Announces a Change of Name

VANCOUVER, WA--(Marketwire - Aug 9, 2012) -  Techalt, Inc. (PINKSHEETS: TECA) is pleased to announce that it has officially changed its name to All American Energy Holdings, Inc. With its focus on energy and specific emphasis on propane, it is very appropriate and beneficial to the company going forward to build its brand name and investor awareness around this more identifiable corporate name. The company is actively taking steps with FINRA to change its name with them and obtain a new symbol.

Led by President and CEO Steve Amdahl, American Energy Holdings is primarily focusing on its Buy-and-Lease-Back Program, under which they currently handle nearly 3,500 propane tanks of various sizes up to 30,000 gallons. The Buy-and-Lease-Back Program can also assist customers with other associated equipment. This program runs under its wholly owned subsidiary All American Leasing, Inc.


All American Leasing, Inc. is an equipment leasing company which leases propane tanks from 50 gallons to 60,000 gallons as well as various types of equipment. The company is committed to adhere to standards acceptable by the clean energy sector of our nation.

Safe Harbor Statement Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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