Universal Bioenergy's NDR Energy Group Announces Launch of Natural Gas
Commercial Industrial Division
IRVINE, Calif., Feb. 11, 2013 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc.,
(OTCMarkets:UBRG), a publicly traded independent diversified energy company,
that markets and distributes natural gas, propane and coal, announced that NDR
Energy Group, its subsidiary in Charlotte, has launched a new
commercial/industrial division to begin marketing, selling and distributing
natural gas. The new division will focus on marketing natural gas to large
commercial and industrial users of natural gas, as well as cities,
municipalities and the U.S. military.
NDR Energy Group has signed an agreement, in a major strategic partnership
with one of the largest independent natural gas marketers in the United States
to begin marketing natural gas to large commercial and industrial customers
that could potentially generate millions in additional revenue and profits.
Universal's President, Vince M. Guest says, "We are very excited about the
launch of this new Commercial Industrial Division by NDR Energy. NDR has been
working on developing this new division for several months with this new
partner, and now we have its official launch. This is a major shift in our
marketing strategy and business model from only selling gas to our electric
utility customers. This will give greater width and diversification to our
expanding customer base, and should increase our revenues and generate greater
margins and profits for the Company. This is a tribute to the hard work and
creativity of Ken Harris and his team at NDR Energy. We will be issuing more
news on this new division and the positive impacts on the Company shortly."
AboutUniversal Bioenergy Inc.
Founded in 2004, Universal Bioenergy Inc. is a publicly traded independent
diversified energy company that produces and markets natural gas, petroleum,
coal andpropane. We market energy resources to the largest public utilities,
electric power producers and local gas distribution companies in the U.S.,
that serve millions of commercial, industrial and residential customers. We
are also engaged in the acquisition and development of existing or recently
discovered oil and gas fields, leases and surface coal mines. For more
information visit www.universalbioenergy.com.
The Universal Bioenergy Inc. logo is available at
Safe Harbor Statement - There are matters discussed in this media information
that are forward looking statements within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of
1934, and are subject to the safe harbor created by those rules. Such
statements are only forecasts and actual events or results may differ
materially from those discussed. For a discussion of important factors which
could cause actual results to differ from the forward looking statements,
refer to Universal Bioenergy Inc.'s most recent annual report and accounts and
other SEC filings. The company undertakes no obligation to update publicly, or
revise, forward lookingstatements, whether as a result of new information,
future events or otherwise, except to the extent legally required.
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