Onyx Service & Solutions Inc (OTCQB: ONYX): Two hydroelectric power projects located in the country of Honduras became the first facilities to generate Kyoto Protocol credits, being issued in 2005 by the Clean Development Mechanism (CDM) in Bonn, Germany in 2005. ONYX is advancing to repeat this process with its newly awarded 22 Megawatt Solar Project, which also happens to be located in Honduras. The strategy could have very positive effects for the Company’s revenues as a result. Eagle River Technology, a power project financing consultancy, attended the presentation ONYX made for their new 22 MW solar project to government leaders on Roatan, Honduras on Sept 21 st. After consulting further with Eagle River, ONYX management has decided to make application to the CDM for all of its solar projects that are intended to offset diesel generated power in Latin America and the Caribbean. This could prove to be a major new source of revenue for ONYX. Currently, ONYX has been awarded two solar power projects in Honduras and has several other projects in the development phase that may qualify for the CDM credits. Details of the new 22 MW solar project for Roatan, Honduras can be seen at http://www.solar-stock.com/solar-diesel-reduction.html The Onyx Service & Solutions mission is to manifest cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, which includes General Electric (NYSE: GE), LDK Solar (NYSE: LDK), Trina Solar (NYSE: TSL) and First Solar (NASDAQ: FSLR) For more information on the Company see: http://www.OnyxService.com. About Onyx Service & Solutions, Inc. (OTCQB: ONYX) Onyx Service & Solutions, Inc. is a for-profit corporation that focuses on brilliant alternative energy solutions including medium to large-scale solar construction projects, cutting edge solar technology acquisition and development, new to market solar product development, advances in solar product manufacturing, worldwide solar product sales and creative financing expertise of alternative energy related projects.
ONYX Service & Solutions Inc. is listed on the NASDAQ OTC exchange as an OTCQB tier company. OTCQB companies report to the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. OTCQB securities may also be quoted on the FINRA BB. The OTCQB allows investors to easily identify reporting companies traded in the OTC market regardless of where they are quoted.Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.