Transact Energy Not A One Trick Pony

July 28, 2010 - PRLog -- San Antonio, TX – July 28, 2010 – TransAct Energy, Corp.  provides realistic and sustainable power production/conservation solutions to emerging sustainable energy markets. Since October 2008 TransAct Energy has worked with public/private partners in Brazil, Canada, India, Iraq, Kingdom of Saudi Arabia, Pakistan, UAE and Vietnam to provide fully funded, sustainable solutions for small and large power plants.

“A cookie cutter approach to sustainable energy does not work; you have to look at the current power infrastructure, available energy resources, expected growth in demand and opportunities to conserve,” says TransAct Energy’s CEO Rod Bartlett.  “With this approach you can provide both power production and power conservation solutions. One country may have significant solar opportunities that will address peak load demands, while another may need more base power that a geothermal solution could address. Many countries have out dated municipal waste handling and can benefit by adopting modern recycling/gasification technologies that in turn eliminate regional power deficits. In India many cell phone towers have diesel generators providing their power, besides the carbon footprint the fuel is often stolen, so the combination of solar technologies with fuel cells solves this. TransAct Energy has secured knowledge and technologies in geothermal, solar, waste gasification and fuel cells allowing us to provide total solutions in combination with traditional power generation.”

TransAct Energy secured its knowledge base through acquisition, partnering, licensing and recruiting. TransAct Energy has pending agreements in place to acquire an interest in an energy company out of Abu Dhabi, UAE, a geothermal project in Western Canada and solar technology for Asia. We have power plant partnerships proposed in Brazil, India, Iraq and Vietnam totaling over 4,000MW and $4 Billion USD in development costs. TransAct is currently planning mass production facilities in India for licensed technologies in solar and hydrogen fuel cells. Since TransAct Energy came to trade in May 2010 we have been aggressively concluding these business relationships.

Please visit www.transactenergy.com.  

CONTACT INFORMATION:
Rod Bartlett, President &CEO (702) 715-2001         rbartlett@transactenergy.com    


Forward-Looking Statements

The foregoing news release includes numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this news release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

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About TransAct Energy Corp. Our business is the development, production, management and conservation of electricity from sustainable electricity projects. Our focus is energy produced from geothermal, solar and municipal waste. Our power conservation technologies are centered around technology innovations including hydrogen fuel cells and low temperature geothermal. The current global markets we are involved in include Brazil, Canada, India, Indonesia, Iraq, Kingdom of Saudi Arabia (“KSA”), Pakistan and Vietnam. (See attached Appendix “B”).

TransAct Energy Corp. (TEGY) is a registered public company, incorporated in Nevada in 2006, currently traded on the Over the Counter Bulletin Board (OTCBB). We received our DTC eligibility in May 2010. Our corporate offices are located in San Antonio, Texas, USA with satellite offices in Vancouver, British Columbia, Canada; Abu Dubai, UAE and soon Mumbai, India.