BUCKEYE VENTURES, INC. ANNOUNCES NAME CHANGE TO ENERGY KING, INC.
SAN DIEGO--(BUSINESS WIRE)--Feb. 26, 2008--Buckeye Ventures, Inc.,
(OTCBB:BEYV), a residential Heating Ventilation and Air Conditioning
(HVAC) services company, is pleased to announce that it has changed
its name to Energy King, Inc., effective immediately.
The Board of Directors and a majority of shareholders of Buckeye
Ventures, Inc., resolved to change its name to Energy King, Inc. "The
name Energy King better reflects the scope of services provided by our
company. The Energy King name is more indicative of our business and
the Company's focus," said Alan Mintz, CEO of Energy King.
Added Mr. Mintz, "Buckeye was originally formed by two Ohio State
alums, thus the Buckeye name. In nearly two years, since becoming
public, the Company has acquired and started a total of five companies
with revenues from current operations expected to reach approximately
$20 million. With potential acquisitions looming, our Board felt the
Company needed a name more in keeping with its products and services.
The name Energy King symbolizes our desire to bring the best possible
HVAC services, along with windows and plumbing, to our existing and
future customers. This change of name to Energy King reflects a
re-branding of the company around its original goal of becoming a
leader in the HVAC and Plumbing home services sector."
Company officials stated that existing locations are now empowered
to represent the national branding effort locally, by adding the
tagline 'an Energy King Company' to their name. They also affirm that
the name change will enhance shareholder relationships by providing a
means of recognizing the growing national image of Energy King. "We
are confident and comfortable that our shareholders, employees,
customers, and suppliers will see this as a positive action" stated
Mr. Mintz. "Our strength has always been in the services we provide,"
he added.
About Energy King, Inc.
Energy King is engaged in all aspects of the residential HVAC and
plumbing services industry. Being a part of the Company's network
provides subsidiaries with: standardized policies and operating
procedures which the Company's management team has adopted from their
extensive industry experience and that have wide industry acceptance
and application; comprehensive training programs to improve operating
procedures and customer relations. The Company's strong balance sheet
and liquidity enables each region to expand through various marketing
strategies. Energy King is headquartered in San Diego, California. For
more information, please visit www.beyv.com.
Disclaimer
To the extent that statements in this press release are not
strictly historical, including statements as to revenue projections,
business strategy, outlook, objectives, future milestones, plans,
intentions, goals, future financial conditions, future collaboration
agreements, the success of the Company's development, events
conditioned on stockholder or other approval, or otherwise as to
future events, such statements are forward-looking, and are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. The forward-looking statements
contained in this release are subject to certain risks and
uncertainties that could cause actual results to differ materially
from the statements made.
CONTACT: Energy King, Inc.
Larry Weinstein, 858-272-6600 x152
or
Investor Relations
Blaine Riley, 949-200-4601
SOURCE: Energy King, Inc.
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