Business
Nouveau Life Pharmaceuticals Provides Shareholder Update on Corporate Developments and Strategic Initiatives
Nouveau Life Pharmaceuticals Provides Shareholder Update on Corporate Developments and Strategic Initiatives.
About this update from Nouveau Life Pharmaceuticals, Inc.
[{"type":"text","content":"June 16, 2016 Nouveau Life Pharmaceuticals, Inc. (OTC PINK: NOUV)\nis pleased to present on update on corporate developments and strategic\ninitiatives. With the acquisition of\nEntuit Incorporated last December, the Company became a leading operator of hardware solutions for the Municipal Lighting,\nBuilding Automation, HVAC, Indoor Lighting, Sub-metering and many other\napplications. Entuit offers a complete line of wireless control units which\nfills a unique niche in building automation and energy consumption. Recognizing\nthe opportunity to expand in the energy consumption market, Company Management\nhas focused its efforts entirely this year on building a new strategic\ninitiative to become a one stop energy savings source. \n\nAn energy service company (ESCO) is a company that provides\ncomprehensive energy solutions to its customers, including auditing, redesigning\nand implementing changes to the ways the customer consumes energy, with the\nmain goal being improved efficiency and cost savings. ECSOs present a\ncomprehensive retrofit plan to maximize energy savings while still meeting the\ncustomer’s operational requirements. Cost for implementing an energy savings\nprogram is a win win for the customer as their savings pay for the implementation\nand they see immediate improvements in their operational spend. Traditional ESCO’s have been around for three\ndecades and the size of the market continues to grow exponentially. According to the National Society of Energy\nSavings Companies, “since 1990, ESCOs have delivered: $45B in projects, $50B\nsavings – guaranteed and verified, 425,000 person-years of direct employment, $30\nbillion of infrastructure improvements, and 470 million tons of CO2\nsavings at no additional cost comprehensive energy efficiency retrofit projects.\n\nNOUV will be implementing a strategy to capitalize on the ESCO\nmarket and become a one stop energy savings source for both commercial and\nresidential applications with a focus on savings customers up to 45% on energy\ncosts. The Company is developing\nexclusive regional sales teams to market energy savings plans implemented by\nbest of class service providers. NOUV will provide comprehensive training,\nsales support, engineering, programming, products, marketing materials, energy\naudit kn...