CHICAGO, May 19, 2011 /PRNewswire/ -- City Capital
Corporation (Pinksheets: CTCC) is pleased to report that its
recently formed subsidiary ERX Energy, LLC, has significantly
increased its bidding on municipal projects in New Jersey and Pennsylvania. ERX currently has
opportunities in excess of $12,000,000 outstanding in various stages of
bidding review for 2011 business. ERX has seen a significant
increase in municipal opportunities, with reduced competition
bidding for each project. This number represents
approximately a 200% increase in year over year potential
installations from this corporate segment. Specializing in
commercial, industrial, and municipal solar roofing applications
and integration, ERX Energy continues to service all the solar and
roofing needs of the Northeast.
Jeffrey Smuda, Chief Executive
Officer of City Capital Corporation, stated, "Municipal business is
a significant component to our portfolio of services, representing
educational as well as state and local government properties.
We are excited about potential of this year's projects"
About ERX Energy, LLC
Specializing in commercial, industrial, and municipal solar
roofing applications and integration, ERX Energy provides services
for all the solar and roofing needs of the Northeast, USA.
About City Capital Corporation
City Capital Corporation (Pinksheets: CTCC), through its
subsidiaries, has entered the emerging solar energy technology and
related services industry. Its holdings and partnerships in the
green energy market currently focus on the design, integration,
installation, and maintenance of solar roofing projects and related
services for its clients across the nation. City Capital through
its subsidiaries and joint venture partners seeks to expand its
presence in the alternative energy services industry.
Notice on Forward-Looking Statements:
The matters set forth in this press release may contain
forward-looking statements regarding City Capital Corporation and
its business within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements speak only as of the date on which they
are made and City Capital Corporation undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
Statements are subject to risks and uncertainties that may cause
actual results to differ materially.
Investor Relations Contact:
Gary Patterson & Associates
(714)369-2933
ircitycapcorp@gmail.com
SOURCE City Capital Corp.