2012-11-20 14:45:37 -
MIAMI, FL -- (Marketwire) -- 11/20/12 -- Legends Business Group (PINKSHEETS: LGBS) today announced it has signed Non-Disclosure Agreements (NDA) with two Florida based CE certification companies. The Multi-Function Charger Controller (MFCC) is ready for CE certification allowing Legends to submit the documents needed to obtain final quotes and the company expects to start the certification process next week.
With the announcement of MFCC performance testing underway, the company has prepared all of the documents needed to begin the process of obtaining CE Certification. The company is in full gear and is working in a timely manner to prepare the MFCC for both the US and International market. It is expected that once completed, the CE certification will display that the MFCC will meet the minimum levels of quality, health & safety and will provide the ability to market the MFCC freely throughout the American and EU markets.
"With our eyes on the domestic market as well as international, Legends wants to ensure that the MFCC will be ready for sale, meeting all safety requirements," said Rudy Sablon, LGBS's President and CEO. "The CE certification, 'Trade Passport,' will ensure our customers that the MFCC is a viable product ready for all markets alike."
The European Commission describes the CE mark as a "passport" that allows manufacturers to trade industrial products freely within the internal markets of the EU. The letters "CE" indicate that the manufacturer has undertaken the major safety assessment procedures required for the product. Other nations around the globe also require conformance to the EU product safety, health, and environment legal mandates.
The MFCC is described as a state-of-the-art multi-function charging controller, which digitally and thermally continuously adjusts throughout its charging cycle. The device will automatically detect and charges 12, 24, 36, and 48VDC lead acid batteries utilizing complex charging algorithms in association with bi-directional feedback to attain the optimal charging sequence for each charging session.
One of Legends new undertakings is overall transparency to its shareholders; visit our website under current projects to find updates on the MFCC. Visit: http://www.legendspower.com/current_projects.php : www.legendspower.com/current_projects.php
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com : www.legendspower.com/
Safe Harbor Statement
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
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