New York, NY -- (ReleaseWire) -- 04/28/2017 --Tarsier Ltd (OTCMKTS:TAER) has announced that is it working on PPP (Public Private Partnerships) agreements with several municipalities worldwide to replace their inefficient energy consuming lights with NEW LED Lights. The PPP's are 10 year agreements based on partnering on the savings; energy costs, replacement costs and maintenance costs.
Isaac H. Sutton Tarsier's CEO commented, "These PPP's represent a win win for everyone. The municipality saves money and can direct saved funds to new projects. The energy usage and carbon emissions are reduced by using more energy efficient LED lights. At the same time, Tarsier creates a network for future Smart City applications. All of our projects contain centralized controls systems enabling the lights to be managed remotely. This same network can be used for Smart Applications either providing new revenue for the municipalities or information for further savings. "
About Tarsier Ltd.
Tarsier Ltd., publicly listed under the stock ticker symbol "TAER," is a New York City based Energy, Big Data and Smart City Solutions Company. The Company continues to develop and manage additional Intelligent LED/Smart City products, provide energy audits, re-sell electricity and gas in U.S. deregulated markets and manage energy demand response and battery storage through proprietary software. Tarsier recently acquired a GE Authorized Dealer and Distributor that provides bulb supply and lighting maintenance services to the growing market for innovative, energy efficient LED lighting solutions.
For more information on Tarsier please visit the Company's website at www.tarsierltd.com.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Tarsier Ltd.( the "Company") that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believes," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. The Company cautions you that any forward-looking information provided by or on behalf of the Company is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. The Company's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond the Company's control. In addition to those discussed in the Company's press releases, public filings, and statements by the Company's management, such statements may include, but are not limited to, the Company's estimate of the sufficiency of its existing capital resources, the Company's ability to raise additional capital to fund future operations, the Company's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match the Company's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. The Company does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contact:
IR@tarsierltd.com
646-880-8680
SOURCE: Uptick Newswire
TARSIER Launches PPP Program for Smart Cities to Replace Street Lights