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Notch Novelty announces new corporate name, trading symbol and CUSIP number

http://markets.chron.com/chron?GUID=6074567&Page=M [2008-7-23]

Tag : new energy

SARATOGA SPRINGS, NY -- (MARKET WIRE) -- 07/22/08 -- Notch NoveltyInc. ( NHNV ) announced today that the Company has officially changed its nameto Atlantic Energy Solutions, Inc. in order to reflect theCompany's main operating business pursuant to the completed mergerof Notch Novelty Inc. by Atlantic Energy in March 2008. In additionto the name change, the company has received a new trading symbolfrom FINRA and a new CUSIP number from the CUSIP Bureau. All threechanges took effect on Monday, July 21st, 2008, at which time thecompany's shares resumed trading on the OTC Pink Sheets under thenew corporate name and trading symbol, ( AESO ).
Tim Brock, CEO of Atlantic Energy Solutions, Inc., commented, "Thisidentity change represents an important event, one that representsthe official 'last step' of Atlantic Energy's transition from aprivately held company to a publicly held entity. While the name,symbol and CUSIP change are largely cosmetic at this point, it isstill very exciting that we can now move forward as Atlantic EnergySolutions so we can continue to build the Company to a world classEnergy Efficiency and Resource company." He continued, "Based onour presumed rate of growth we feel that Atlantic Energy will be ina position to qualify for listing on a major exchange such as theNASDAQ or the AMEX within the next 18 months. In the meantime wewill continue to move the company forward as we expand our top-linerevenues and free cash flows by obtaining more and more newcontracts for energy efficiency projects from manufacturers,nursing homes, schools, dealerships, municipalities and similarentities."
About Atlantic Energy Solutions, Inc.
Atlantic Energy, founded in 1992, is a globally accredited EnergyEfficiency and Resource Company that identifies, implements andfinances projects designed to improve the overall efficiency ofenergy, water usage and renewable resources.
Headquartered in Saratoga Springs, NY and with a satellite officein Fairfield, NJ, Atlantic Energy Solutions assesses the energydemands and usages of municipal, corporate and industrial complexesto improve conservation and apply measures to boaster savings atthe consumer level. The company incorporates the latesttechnologies, including wind and solar energy generation and otherrenewable resources focusing on energy and financial strategies toachieve comprehensive, innovative and cost-beneficial improvements.
Safe Harbor
This press release contains statements which may constitute"forward-looking statements" within the meaning of the SecuritiesAct of 1933 and the Securities Exchange Act of 1934, as amended bythe Private Securities Litigation Reform Act of 1995. Thosestatements include statements regarding the intent, belief orcurrent expectations of Atlantic Energy Solutions Inc., and membersof its management as well as the assumptions on which suchstatements are based. Prospective investors are cautioned that anysuch forward-looking statements are not guarantees of futureperformance and involve risks and uncertainties, and that actualresults may differ materially from those contemplated by suchforward-looking statements. Important factors currently known tomanagement that could cause actual results to differ materiallyfrom those in forward-statements include fluctuation of operatingresults, the ability to compete successfully and the ability tocomplete before-mentioned transactions. The company undertakes noobligation to update or revise forward-looking statements toreflect changed assumptions, the occurrence of unanticipated eventsor changes to future operating results.

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