WILMINGTON, DE and SANTA ROSA BEACH, FL -- 10/22/07 --
Perihelion Global
(PINKSHEETS: PHGI), a development company with interests in natural
resources, alternative energies, and advanced communications, today
announced that the company has selected Broadcast Electronics (BE) of
Quincy, Illinois, as one of the company's broadcast equipment suppliers for
Perihelion's communications division.
Perihelion will utilize the Broadcast Electronics series of AM transmitters
at the company's WTKN-Mississippi AM station. The company has previously
announced its intent to utilize new HD-Radio and AM Stereo technology for
its stations serving the southeastern US markets. The new BE transmitters
are capable of simultaneously generating both analog and digital radio
broadcast signals. Broadcast Electronics' components come from a company
with over 40 years of proven performance, stability, and innovation.
The company would also like to inform its shareholders that Perihelion has
made appropriations to have an on-site webcam installed at the Opp, Alabama
biodiesel refinery site. This will allow shareholders and the general
public to view the progress of the ongoing construction of the company's
first refinery. Along with regular updates released by the company over the
newswires, Perihelion believes the addition of the webcam will provide
further transparency of what is actually happening 'on the ground.' The
company expects the Opp, Alabama webcam to be operational later this week.
About Broadcast Electronics
Broadcast Electronics (BE) is the premier provider of mission-critical
solutions for over-the-air and Internet radio. For more than four decades,
our pioneering developments have set industry standards for innovation and
reliability, while providing broadcasters with new options for operational
productivity and income generation. BE products encompass program
generation, audio and data management, interfacility transport, and analog
and digital (HD Radio and DRM) transmission. BE equipment is used daily in
more than 10,000 installations in nearly 100 countries. Our Total Radio
solution permits stations to purchase fewer, more powerful components
resulting in more efficient operation. Thanks to our historical, singular
focus on radio and the breadth and depth of our technology, BE is uniquely
qualified to assist terrestrial radio broadcasters in making the transition
to digital transmission.
Website: http://www.bdcast.com/
About Perihelion Global:
Perihelion Global focuses on the acquisition, development and management of
technologies, strategic commodity reserves and assets in the energy,
natural resource and communications markets. Perihelion's management team
specializes in providing solutions for the strategic challenges of 21st
Century. We lead with decades of experience in environments that are
mission critical in today's global marketplace: Technology, Energy and
Communications.
Website: http://www.perihelionglobal.com
Caution Regarding Forward-Looking Statements
This press release contains historical information as well as
forward-looking statements that are based upon our estimates and
anticipation of future events that are subject to certain risks and
uncertainties that could cause actual results to vary materially from the
expected results described in the forward-looking statements. The words
"anticipate," "believe," "estimate," "expect," "hopeful," "intend," "may,"
"optimistic," "preliminary," "project," "should," "will," and similar
expressions are intended to identify these forward-looking statements.
There are numerous important factors that could cause our actual results to
differ materially from those in the forward-looking statements. Thus,
sentences and phrases that we use to convey our view of future events and
trends are expressly designated as Forward-Looking Statements as are
sections of this news release clearly identified as giving our outlook on
future business.
These forward-looking statements are subject to significant risks,
assumptions and uncertainties, including, among other things, the following
important factors that could affect the actual outcome of future events:
-- General economic conditions, either nationally or in our market area,
that are worse than expected;
-- regulatory and legislative actions or decisions that adversely affect
our business plans or operations;
-- price competition;
-- inflation and changes in the securities markets that adversely affect
the fair value of our operations; and
-- changes in our organization, compensation and benefit plans.
We wish to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made, and wish
to advise readers that the factors listed above could affect our financial
performance and could cause actual results for future periods to differ
materially from any opinions or statements expressed with respect to future
periods in any current statements. We do not undertake and specifically
decline any obligation to publicly release the result of any revisions that
may be made to any forward-looking statements to reflect events or
circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.
Contacts:
John H. Beebe
Chairman, Chief Executive Officer & President
866-748-7610 (Toll Free)
john@perihelion.com
Michael R. Varley
Executive Vice President
866-748-7610
mvarley@perihelion.com
