Press Release
Healthcare of Today Acquires Controlling Interest in Alternative Energy PartnersBURBANK, CA – March 3, 2010 — (“Healthcare of Today”) announces that it has acquired a controlling interest in the publicly traded company, Alternative Energy Partners, Inc. (ticker symbol: AEGY).
Alternative Energy Partners (“AEGY”) promotes the use of clean energy by developing innovative, high-performance buildings that can provide clients with significant energy cost savings and superior work environments. AEGY buildings are supported by on-site energy systems that decrease energy consumption. At the same time as it offers energy saving alternatives, AEGY prioritizes having minimal impact on construction costs.
Healthcare of Today CEO Henry Jan says, “As our healthcare network expands, it’s important to source our energy efficiently, and alternative energy is the clear solution not only for our businesses, but many others around the world. AEGY will be a wonderful home for the energy holdings within our company portfolio, and we look forward to being part of AEGY’s mission to explore innovative alternative energy options and bring them directly to consumers.”
Healthcare of Today first announced its entrance into the energy market with the $15M acquisition of Shovon (www.shovon.com), an energy management company with leading-edge hardware technology providing users with Web-based, internet remote control capabilities for monitoring and controlling high power electrical devices. Shovon’s technology is appropriate for use in commercial offices, industrial plants, hospitals, schools and residences, and may be controlled from anywhere in the world.
In February Healthcare of Today also acquired Sunarias™ Corporation (www.sunarias.com), an advanced solar thermal energy production company that offers Solar Thermal Heating/Cooling and Power Purchase Agreements (PPAs) to facilities nationwide.
Jan says, “Today, the government is demanding, through legislation [such as CA AB 32], that businesses limit and carefully monitor their use electricity. Our involvement in alternative energy is not speculative, it’s just good business.”
About Healthcare of Today
Healthcare of Today, formed in 2008, acquires and develops companies primarily within the healthcare industry. Through its many subsidiaries, Healthcare of Today owns and operates a number of vertically-integrated businesses including: adult stem cell research and development technology, advanced human tissue engineering, medical device technology, medical and home healthcare equipment sales, hospice care, residential care facilities for the elderly, home healthcare services, nurse and therapist staffing, healthcare information technology, healthcare consulting, insurance, medical billing, data protection and security.
This announcement is not an offer to sell any Healthcare of Today securities. Offers for any given security are made only through applicable offering circulars and related supplements filed with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934.
Healthcare of Today press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements will be found in the company's Registration Statement to be filed with the SEC.
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