BRIGHTON, Mich., Dec. 03, 2018 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI), today announced the issuance of the following shareholder letter from its President and Chief Executive Officer, Bryan Zaplitny:


Dear CGE Energy Shareholders, Partners, Suppliers and Clients:

It is with great pleasure that I provide you with an update on CGE’s business development initiatives and our recent accomplishments. We believe we have reached a juncture where our efforts are being crystallized into decisions and actions which will pave the way for achieving the success each stakeholder is anticipating.

The Company continues to execute on its multi-year business plan to build a $2.6 Billion portfolio of Sustain program energy projects and bring its patented WIND•e20® wind turbine to market. To highlight some of our accomplishments, this year:


Bryan Zaplitny concluded, “The Company is committed to increase its position in its respective market segments and to fully capitalize on the commercial potential as related to the portfolio of Sustain energy projects. While there's much more to be done, much has been accomplished and the momentum toward success is building. We’re continuing to deliver sales and increasing our long-term asset base.

In addition to the accomplishments mentioned in this letter, there are many in-process activities going on behind the scenes that we believe will positively impact the bottom line, increase shareholder value, and make additional shareholder-friendly steps in our evolution as a public company. We believe more strongly than ever that our approach and your patience will be rewarded as the results of our efforts unfold in the coming months and years ahead.

On behalf of the Company’s Senior Management team, Board of Directors and employees, I would like to thank you for your continued support at this time of
tremendous growth and opportunity for CGE Energy.”

About CGE Energy Inc.
CGE Energy, Inc. makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy projects with no upfront cost. CGE hand-selects the very best facilities to partner with and turns their wasted energy into immediate and continuous savings for the customer. By uniquely selling sustainability-as-a-service, CGE’s proprietary Sustain business model delivers an exclusive combination of today’s best energy efficiency and sustainable energy generation technologies, including CGE’s exclusive WIND•e20® wind turbine.

To learn more visit http://www.cgeenergy.com.


Forward-Looking Statements

This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements.

Investor Relations Contact:

Andrew Barwicki
Barwicki Investor Relations, Inc.
Phone: 516-662-9461