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NF Energy Saving Corporation Awarded 'Top 100 Enterprise' in Liaoning Province

NF Energy Saving Corporation of America
2009-06-25 15:41 1424

SHENYANG, China, June 25 /PRNewswire-Asia/ -- NF Energy Saving Corporation of America (OTC Bulletin Board: NFES) ("NF Energy"), a Chinese leader in energy efficient flow control systems, today announced the company has been awarded "Top 100 Enterprise" in Liaoning Province.

Additionally, during the recent visit of China Energy-Saving and Emission Reduction Guidance Panel to NF Energy, the representative of China National Development and Reform Commission commented, "US$3.8 billion of the stimulus funds have been used in energy saving, emission reduction and environmental engineering sectors." US$0.6 billion is allocated to Liaoning Province alone, accounting for 15% of the total amount released, mainly invested in construction of heat supply and water supply pipelines.

"It is good news to NF Energy," commented Mr. Li Gang, Chairman and CEO of NF Energy. "Our energy efficient flow control systems can be widely used in various kinds of heat supply and water supply pipelines. We will closely follow up the relevant projects."

About NF Energy Saving Corporation of America

Website: http://www.nfenergy.com

NF Energy Saving Corporation of America (OTCBB: NFES) 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. The management team of the Company has completed over 300 successful energy-saving projects.

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.

Source: NF Energy Saving Corporation of America
Keywords: Oil/Energy
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