OTCPicks.com Announces Initiation of Profile Coverage Fidelis Energy Inc. (Pinksheets: FDEI)
(EMAILWIRE.COM, November 22, 2010 ) OTCPicks.com, announced today that it has initiated Profile Coverage of Fidelis Energy Inc. (Pinksheets: FDEI) on its exclusive penny stock alert service. Fidelis Energy Inc. is an alternative energy technology company developing and marketing solar-powered renewable energy products and solutions. Fidelis Energy Inc. announced last week that the company has received $5 million from Empres Voss Capital ("EVC") as partial payment for the company's achievement of a milestone under the Securities Purchase Agreement dated January 19, 2010, as amended June 6, 2010.

Company Overview

Fidelis Energy Inc. is an alternative energy technology company developing and marketing solar-powered renewable energy products and solutions. Their products and solutions are part of the new microgeneration' movement that is transforming the way everyday people provide for their energy needs.

The United States currently relies heavily on coal, oil, and natural gas for its energy. These fossil fuels are nonrenewable, finite resources that will eventually dwindle, becoming too expensive or too environmentally damaging to retrieve. In contrast, renewable energy resources such as solar energy are constantly replenished and will never run out.

At Fidelis, they recognize that a green wave of emerging environmental regulations, and government-wide green initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. Governments all over the world are enacting tax credits and other financial incentives for the adoption of green, solar solutions.

They are building strategic partnerships with companies that are developing cutting-edge microgeneration technologies and solutions. By harnessing the power of the sun, they're helping consumers and businesses generate their own clean power, reduce carbon emissions, and become part of the global energy solution.

To view the OTCPicks.com Company Profile for Fidelis Energy Inc. (Pinksheets: FDEI) http://otcpicks.com/Fidelis-Energy.htm

About OTCPicks.com

OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher at 972-546-3740, or via email at publisher@otcpicks.com.

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party for this FDEI email send.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.

Brian Dean

Source: EmailWire.Com
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here