FORT LAUDERDALE, Fla., Dec. 1, 2011 /PRNewswire/ -- Hybrid Fuels, Inc. (Pink Sheets: HRID) announced today that it has acquired 100% of the shares of EMG Marketing Solutions, Inc., a Florida corporation, that is focused on providing sales, marketing and product development expertise to the multi-billion dollar nutraceutical and pharmaceutical industry. EMG Marketing Solutions will become a wholly owned subsidiary of Hybrid Fuels.
"In these difficult economic times, we have taken a hard look at how we should position our Company in the best interest of the shareholders. The acquisition of EMG Marketing Solutions takes us in a new direction in an industry where growth is still prevalent. The management team of EMG is solid and has successfully delivered nutraceutical and pharmaceutical products to the market. We are excited by this acquisition and look forward to reporting further progress to our shareholders," stated Philip Schmidt, CEO of Hybrid Fuels, Inc.
About Hybrid Fuels, Inc.
The company was incorporated in the state of Nevada in 1998 as Polo Equities. It has primarily been a development stage company with management focused on developing innovative business opportunities and further advancing technologies.
Forward-Looking Statements - This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Hybrid Fuels, Inc. undertakes no obligation to update such statements.
Hybrid Fuels, Inc. - 954-903-2993
|SOURCE Hybrid Fuels, Inc.|
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