Universal Bioenergy's NDR Energy Group Gears Up Energy Products Division --
Forecasts Sales of $30 Million
IRVINE, Calif., Feb. 13, 2013 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc.,
(OTCMarkets:UBRG), a publicly traded independent diversified energy company,
in its plans for growth and expansion, announced today that its subsidiary NDR
Energy Group's, refined energy products division is preparing to market, sell
and distribute petroleum based products to generate greater revenues and
higher profit margins for the Company. The Company is forecasting sales of up
to $30 million annually from the sales of these products.
The Energy Products division intends to market and distribute refined
petroleum based energy products including industrial fuels, diesel fuels,
gasoline, kerosene, jet fuel aviation fuels, Jet A and Jet A-1, motor oils and
other lubricants. NDR Energy Group will be procuring these energy products to
market through its distribution channels. The products will be sold to its
existing customer base, and its expanding customer base which will include
federal and state agencies, U.S. military, cities, municipalities and large
commercial and industrial companies. Refined oil energy products typically
have higher profit margins, and should generate additional streams of revenues
and profits for the Company.
Universal's President, Vince M. Guest stated, "We're very excitedabout our
energy products division. NDR Energy is establishing relationships with
several producers of refined petroleum products to distribute them to our
customers. This division reflects our business model to continue to diversify
our Company and compete in multiple energy market segments. NDR Energy has
developed an aggressive marketing campaign to expand into this industry
segment, to provide for more rapid growth of the Company.
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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