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Geo Finance Corp Announces Move Into Manufacturing State of the Art Power Systems

2014-12-09 05:00 ET - News Release

LAS VEGAS, Dec. 9, 2014 /PRNewswire/ -- Geo Finance Corporation (OTC: GEFI) announced today it has entered into an agreement to acquire Enterprise Asset Management (EAM) an American based developer and manufacturer of next generation power systems including its Tanaris Power brand of advanced industrial vehicle lithium-ion batteries.

Tanaris Power lithium-Ion batteries are designed and engineered for industrial vehicle applications, delivering superior performance, maximum safety, long-term reliablity and tremendous flexibility.  Tanaris Power batteries are an energy efficient solution for today's demanding mission critical industrial vehicle applications.

Mr. Keasberry, GEFI's CEO, and a novice engineer, stated "I am very excitied about the Lithium-Ion battery technology EAM is develpoing and building right here in the USA. Their battery systems are very innovative and solve many of problems experienced in industries applications where electric vehicles currently use Lead-Acid batteries. EAM's custom Lithium-Ion batteries and their direct Lead-Acid replacement batteries are going to have some very positive effects on corporate energy ROI. We are looking forward to leveraging our teams understanding of production with EAM's engineering knowledge to prduce some really great products. I feel that EAM's current management and their vision is a very good fit for us. We can't wait to get started and have already begun outfitting the production facilities."

About Geo Finance Corporation:

Geo Finance Corporation is a Florida entity established to develop and invest in energy related projects including waste to energy, geothermal collection fields, natural gas and petroleum production, alternative energy production and storage. The administrative office is based in Las Vegas, NV.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

Statements in this document regarding the intentions, the expected timetable for completing any transaction, benefits and synergies of any transaction, future opportunities for the company, expectations regarding the value and benefits of any transaction and any other statements about Geo Finance Corporation's managements' future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should also be considered to be forward-looking statements. Except as required by applicable law, Geo Finance Corporation disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Contact:

shareholder@geofinancecorp.us 
Brian Keasberry, CEO
GeoFinance Corporation

Investor Relations:
ir@geofinancecorp.us

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/geo-finance-corp-announces-move-into-manufacturing-state-of-the-art-power-systems-300006770.html

SOURCE Geo Finance Corp

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