CHARLOTTE, N.C., Dec. 27, 2010 (GLOBE NEWSWIRE) -- NDR Energy Group LLC, a natural and alternative energy company, and subsidiary of Universal Bioenergy Inc. (Pink Sheets:UBRG), a publicly traded company, reported record sales of $31,558,161 for the nine month period ending September 30, 2010.
NDR Energy generated these strong sales in natural gas, in spite of the current weak economy. The sales also reflect a growing demand for natural gas from its major electric utility customers in the energy services sector.
NDR Energy's President and CEO Gina Roy states, "I'm very pleased with our progress and growth so far this year. We're very confident in our plans to continue building a solid company, with strong revenues and profitability. We still have nearly $15 million in accounts receivables pending for the month of December. This demonstrates our ability to execute our new aggressive marketing and sales strategy. I believe we should be on track to exceed well over $50 million in sales this year."
About NDR Energy Group LLC
NDR Energy Group is an energy marketing and services company, that markets natural gas and alternative energy, to major utilities and corporate clients throughout the U.S. NDR provides energy management services to assist its clients in finding efficient and economic solutions to reduce their energy cost. NDR supplies other energy products and solutions, including propane (HD-5), energy efficient lighting systems, and sustainable, alternative and renewable energy solutions to reduce our clients' carbon footprint.
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There are matters discussed in this media information that are forward looking statements. These statements relate to future events or future economic performance and reflect current performance and expectations of management. Certain unknown factors may affect the events, economic performance and results described herein. Such statements are only forecasts and actual events or results may differ materially from those discussed. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent as required by applicable law.
CONTACT: NDR Energy Group Gina Roy 704-248-0583 Fax: (240) 892-9177 www.ndrenergy.com 525 N. Tryon Street #1600 Charlotte, NC 28202