Tanaris Power Holdings up Sharply today. Shares for TPHX were up as much as 41%, closing at $0.59 for a gain of 31%.
Their Products:
- Eagle Standard Golf Car & LSEV Batteries
- Hawk Industrial Motive Power Batteries
- Falcon Standard Industrial & GSE Batteries
- Osprey Custom Industrial & GSE Batteries
Here’s the most recent news:
Tanaris Power, Inc. Acquires Rights To United Airlines Battery Evaluation
The Assignment of the Evaluation Agreement to Tanaris Power Brings a Partnership between the Energy Solutions Leaders and United Airlines One Step Closer To Fruition
Tanaris Power Holdings, Inc. has announced that, Tanaris Power Inc., has acquired the rights to a product evaluation agreement with United Airlines. Tanaris Power is a preeminent developer of Smart Lithium-Ion batteries and power solutions for diverse industrial applications.
The agreement was originally executed by Tanaris Systems, which is an operating unit of Enterprise Asset Management, Inc. But now the evaluation agreement has been fully assigned to Tanaris Power Inc.. As explained by Tanaris Power Inc. CEO Bruce Farmer, “The opportunity to partner with United, which is the world’s largest airline in terms of the number of destinations served, is a great honor. Everyone on the Tanaris team is excited and looking forward to a dynamic and mutually-beneficial relationship over the coming weeks, months, and years.”
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this document regarding the intentions, the expected timetable for completing any transaction and any other statements about Tanaris Power Holdings, Inc. managements’ future expectations, beliefs, goals, plans or prospects constitute forward-looking statements. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. document regarding the intentions, the expected timetable for completing any transaction, benefits and synergies of any transaction, future opportunities for the company, expectations regarding the value and benefits of any transaction and any other statements about Tanaris Power Holdings, Inc.’s managements’ future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. Except as required by applicable law, Tanaris Power Holdings, Inc. disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.