CGE Energy Issues Shareholder Letter Update

BRIGHTON, Mich, Aug. 19, 2020 (GLOBE NEWSWIRE) — CGE Energy, Inc. (OTCPink: CGEI) today announced the issuance of the following shareholder letter from its President and Chief Executive Officer, Bryan Zaplitny.

Dear CGE Energy Shareholders and Partners:

Over the last five months, we have been presented with an unprecedented set of challenges that have impacted the economy and our personal lives. I’m proud to say that our team has enabled the company to continue to execute and position ourselves for growth. While our day-to-day energy project business unit was slowed by statewide construction projects being put on hold and client facilities being closed, we focused our resources over the last several months to make strong developments with the wind turbine and Self-Powered 5G Cell Tower.

In these recent months, we have had the opportunity to present the technology to congressmen, federal agencies, tribal communities and various tech and telecom companies, with enthusiastic response.

Recently, when most of America was staying home, the digital divide shone more obvious than ever. Having a secure connection to high-speed internet for telehealth, remote learning and working from home is of utmost importance. We can turn the immense challenges we face as a nation into an opportunity to provide resilient communications infrastructure and connectivity.

With 5G, new markets are being created, and people’s lives will be completely changed for the better. Some of the sectors of innovation that will benefit from 5G include edge computing, private 5G networks, and empowering high-speed connectivity in rural America. CGE Energy uniquely positioned and is excited to engineer a solution in these fast-growing markets.

Finally, we are thrilled to have grown our management team, hiring a talented individual as President overseeing the technology division of our company. He has grown seven start-ups, many in the IoT sector. Over the next few months, we expect to have substantive announcements and updates on this progress. We will look back at 2020 as an instrumental milestone for CGE Energy.

Thank you for being a shareholder of CGE Energy. We have the “Power to make a difference™.”

Bryan Zaplitny
Chief Executive Officer
CGE Energy

About CGE Energy, Inc.

CGE Energy, Inc. makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy with no upfront costs. CGE is a well-established Energy Service Company, providing comprehensive energy efficiency and renewable energy technology solutions such as solar, combined heat and power (CHP), LED lighting, wind and other technologies. CGE has now introduced a sustainable, self-powered 5G cell tower technology that empowers and expedites deployment of 5G in Rural America.

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Press Release Contacts

CGE Energy, Inc.
Paul Schneider, VP Marketing
[email protected]

Forward-Looking Statements

This release may contain “forward-looking statements” that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements

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