LAGUNA HILLS, Calif.--(BUSINESS WIRE)--MC Endeavors, Inc. (OTC: MSMY) announced that it has agreed to acquire the majority interest of ENGENAIRE, Inc. of Elkhart, Indiana, to manufacture Smart-Grid Switches and Variable Speed Generators with the MCE Label for distribution and sales worldwide. This partnership will bring to MCE an additional piece of its GREEN technology in connection of electrical production generated from wind and gas.
Tim Algier, CEO of MC Endeavors, outlined, “This is a very important partnership because it solidifies our position in the self-sustainable building industry by providing both residential and commercial clients with patented variable speed generators that connect directly to the grid without going through expensive rectifiers and converters using patented safety approved smart-grid switches that prevent generated electricity from entering the electrical grid back to the utility during accidents, downed power lines and blackouts.”
Larry Pendell, Principal of ENGENAIRE, emphasized, “The Variable Speed Generator will produce constant numbers of AC cycles (like 60 cycles per second for example) regardless of the input shaft speed. The shaft can run from 0 to the mechanical limits of the generator depending on its design. The amount of torque times the speed of the shaft determines the output in Kilowatts up to the capacity of the generator.” Larry went on to say that, “The advantage of this design is that you can hook the generator directly to the grid without going through a rectifier/inverter. Besides being very expensive, rectifier/inverters are prone to trouble and problems and have relatively high maintenance costs. This is a major savings for the end user.”
MC Endeavors, Inc. is an international Smart-Home Builder and Self-Sustaining Community Developer utilizing green technologies such as solar, wind, and biogas powered generators along with water remediation and water retention storage systems.
FORWARD-LOOKING STATEMENTS
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward–looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward–looking statements whether as a result of new information, future events or otherwise.