Boca Raton, Fl. June 25, 2019: Today Universal Solar Technology (UNSS) is pleased to announce its Joint Venture with The Entrex Capital Market, which created the Entrex Carbon Market, executed an agreement with Carbon Credit Capital to trade Carbon Offsets across its technology platform.
The Entrex Carbon Market utilizes Entrex’s blockchain enabled technology platform to trade carbon credits, carbon offsets and other environmental securitized products. The platform allows credits, offsets and other environmental products to be found, researched, tracked, managed and traded via regulated entities through a compliant platform.
“We are excited and honored that Carbon Credit Capital has executed an agreement to trade various upcoming Carbon Offsets on our platform” said Stephen H. Watkins, CEO of the Entrex Carbon Market. “As a leader in the sector the Carbon Credit Capital team can help influence buyers and sellers to focus on our regulatory compliant platform to buy, sell and trade offsets” continued Watkins.
“Net Zero’s been working with the Carbon Credit team since we partnered with the Entrex Carbon Market.” suggested George Sullivan, CEO of Net Zero Analysis. “Their team brings professionalism and market leadership which we hope benefits all parties building to what we believe will be a safe, secure platform for regulated constituents to help their clients buy, sell and trade across the Entrex Carbon Market.”
Paul D. Landrew, CEO of UNSS said “The Entrex Carbon Market and their partnership with Net Zero Analysis team have brought momentum to the marketplace much faster than anticipated. We all expect the market to bring order and compliance to trading environmental securities”.
Entrex was founded in 2001 as a “capital market system for entrepreneurial companies.” The new joint venture will utilize Entrex’s intellectual properties and blockchain enabled technologies; built and proven over 17 years using IBM’s Domino and Hyperledger technology platforms. The Entrex platform originates, structures, offers, places, trades, settles and services debt and equities of entrepreneurial companies through regulated entities that serve investors and issuers. Working together with industry sector leaders and regulated market constituents allows investors to find, research, track, manage, and trade entrepreneurial securities while providing entrepreneurial companies access to capital. www.EntrexCapitalMarket.com
About Universal Solar Technology Inc.:
Universal Solar Technology, Inc. (UST, Inc.) is focused on the renewable energy sector through diversified product portfolios and various strategic partnerships. By leveraging our history in renewable energy manufacturing, we envision opportunities including financial services, product generation, product installation, as well as product and process certifications. With the ever-increasing awareness of the need for environmental accountability, UST, Inc. is committed to being a catalyst to making practical solutions in this sector available in products, services and education. www.universalsolartechnology.com.
About Net Zero Analysis:
Net Zero Analysis Carbon Credit Trading Corporation was founded to offer pricing transparency in the marketplace, additional carbon-reduction financing, and to increase carbon offset project viability by connecting to newly accessible market mechanisms created by the Paris Accord, as well as to connect carbon offset product purchasers with the most appropriate sources for certified UNFCCC-compliant products. NZA’s founders represent a wealth of experience in engineering, architecture, building science, energy efficiency, renewable energy, professional education, and real estate matters, as well as a solid grasp of market trends, UNFCCC methodologies, and changes in regulations. www.netzeroanalysis.com
Entrex Phone: (877) 4-ENTREX (561) 465-7580 150 East Palmetto Park Boca Raton, FL 33432 www.EntrexCarbonMarket.com
Forward Looking Statements: This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These also include statements relating to the anticipated benefits of the announced transaction between the Company and Entrex. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “thinks,” “estimates,” “seeks,” “predicts,” “could,” “projects,” “potential” and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include the Joint Venture’s ability to successfully pursue its business plan, the possibility that the Company’s equity interest in the Joint Venture may be diluted as a result of capital raises by the Joint Venture, the possibility that Entrex may have the right to repurchase the previously contributed assets for nominal consideration, the Company’s ability to develop and commercialize new technologies, the Company’s history of losses and expectation of further losses, its ability to expand its operations into blockchain technologies, its ability to develop or acquire new brands, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.