Feb 26 2010
Interact Holdings Group Inc. (Pink Sheets: IHGP) announced today it has executed a Letter of Intent to form a joint venture with a Solar Energy manufacturer in California.
The joint venture will design, build, and market solar-powered LED lighting systems for construction including but not limited to: commercial, residential, and road construction sites. The benefits would include less pollution, less noise, and consumption of renewable energy as opposed to traditional fossil fuels.
Final details of the joint venture are to be determined and finalized within 30 days.
"Interact Holdings Group is proud to consistently be on the leading edge of promoting environmentally friendly products to be used by the contracting and building industry; as such we are glad to announce the addition of our joint venture with the solar energy firm as another, long-term revenue generating opportunity added to our portfolio," said Mr. Yates, President of Interact Holdings Group Inc.