From the Wires
HPIL Holding Announces Cooperation Agreement With TrueSkill Energen Pvt. Ltd.
By: Marketwire .
Dec. 28, 2012 10:32 AM
SAGINAW, MI -- (Marketwire) -- 12/28/12 -- HPIL Holding (the "Company" or "HPIL") (OTCQB: HPIL) is pleased to announce that its wholly owned subsidiary HPIL ENERGYTECH INC., on December 20, 2012, entered into a Cooperation Agreement (the "Agreement") with TrueSkill Energen Pvt. Ltd., a private limited company focused on marketing renewable energy products and solutions. The parties will work cooperatively to develop and expand projects between the parties beginning on December 20, 2012. The term of the Agreement is one year unless terminated earlier by either party.
Mr. Nitin Amersey, the Director, CFO, Treasurer and Corporate Secretary of HPIL Holding, currently serves as the Chairman of the Board of Directors of TrueSkill Energen Pvt. Ltd.
Louis Bertoli, President & CEO of HPIL Holding, said he was "very pleased to be working closely with TrueSkill Energen Pvt. Ltd. through HPIL's wholly owned subsidiary HPIL ENERGYTECH INC."
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