EPOD International Inc. (the "Company", "EPOD") (OTC BB: EPOI), (Frankfurt: EDU.F), announces the Company has developed a new, proprietary solar panel assembly/manufacturing process.
EPOD announces that it has developed a new, proprietary, solar panel assembly/manufacturing process that will reduce costs by up to 40% and result in the Company being one of the lowest cost solar panel producers in the world. The new assembly/manufacturing process will significantly improve the Company's gross profit per unit. Further, EPOD can apply this process to any existing amorphous silicon solar panel plant, which creates an opportunity for the Company to acquire old solar panel factories that are currently only marginally profitable and apply EPOD's new technology.
"The development of this new process will definitely benefit all of our solar efforts and help develop new opportunities," commented Mark Roseborough, EPOD President.
L. Mark Roseborough
President
EPOD International Inc.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD's future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's 10-KSB for year ended December 31, 2004 filed on or about March 30, 2005, and incorporated herein by reference.
Highlighted Links EPOD International Inc.
About EPOD: EPOD International Inc. is a leader in the development of advanced energy management technologies with real-world market applications. The Company's patent-pending 'Energy Pod' technology manages and manipulates electrical energy such that utilization of DC-electric battery power becomes significantly more efficient. EPOD's patent-pending and proprietary technologies are applicable to a wide variety of industries and applications, and are available through licensed OEMs and directly to end-users.
The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.
For more information please contact:
Brett Walker
Telephone: (604) 669-0600
Fax: (604) 662-4929
SOURCE: EPOD International Inc.
