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NF Energy Saving Corporation Announces Reconstruction Contract with Liaoning Provincial Government
.Contract Includes Building Energy Efficient Lighting System
SHENYANG, China, August 11, 2009 /PRNewswire-Asia/ -- NF Energy Saving Corporation (OTC Bulletin Board: NFES; "NF Energy"), a Chinese leader in energy efficient flow control systems, today announced it has executed an agreement with the Liaoning Government for the implementation of an energy efficient lighting system.
NF Energy will replace the traditional lamp bulbs with compact fluorescent lights for the Liaoning Government office buildings.
Data indicates that 95% of China's current buildings do not meet the standard for energy savings, and less than 20% of newly built buildings have reached these efficiency levels. The Chinese Government has carried out Articles on Energy Saving for Public Institutions throughout the country to improve energy efficiency and decrease energy consumptions.
Energy-saving lighting products, new energy vehicles, air-conditioners and other appliances all belong to the “Energy-saving Products Benefit to People Project”, which is among the top 10 projects supported by the Ministry of Finance in China.
About NF Energy Saving Corporation
Website: http://www.nfenergy.com
NF Energy Saving Corporation (OTCBB:NFES - News) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. Headquartered in Shenyang city of China, the Company currently has 220 employees and several proprietary energy saving technologies and patents.
Safe Harbor Statement
This press release contains certain statements that may include 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes, expects, anticipate, optimistic, intend, will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For more information, please contact:
Marcus Robins
Catalyst Communications
(503) 241-1880
marc@catalystresearch.com