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NF Energy Saving Corporation Engages Resources Global Professionals for Sarbanes Oxley Section 404 Compliance Consulting Services
SHENYANG, China, September 15, 2009-- NF Energy Saving Corporation (OTC Bulletin Board: NFEC; "NF Energy"), a Chinese leader in energy efficient flow control systems, today announced the Company has engaged Resources Global Professionals to provide Sarbanes Oxley Section 404 (“SOX s404”) compliance consulting services.
Mr. Li Gang, Chairman and CEO of NF Energy commented, “We have been taking steps to improve our internal controls to secure long-term sustainable growth and enhance corporate governance. Our internal teams will work hard with Resources Global Professionals to ensure full SOX S404 compliance.”
Under SOX s404, issuers are required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures.
The registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting.
About NF Energy Saving Corporation
Website: http://www.nfenergy.com
NF Energy Saving Corporation (OTCBB:NFEC) 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.
About Resources Global Professionals
Resources Global Professionals operates from more than 85 offices in North America, Europe and Asia Pacific, serving a diverse base of 2,400 clients in 66 countries, which range in size from Fortune 1,000 corporations to mid-sized companies to small entrepreneurial entities in a broad range of industries. 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:
Howard Gostfrand
American Capital Ventures
Tel: +1-305-918-7000
Email: info@amcapventures.com
www.amcapventures.com
SOURCE:NF Energy Saving Corporation