Stabilis Energy Announces Name Change to Stabilis Solutions
Stabilis Energy, Inc. has officially rebranded as Stabilis Solutions, Inc., as approved at the 2020 Annual Meeting of Stockholders. This change reflects a broader strategy to enhance its market identity. The company, which trades under the symbol SLNG, aims to better communicate its offerings in distributed natural gas fuel and power solutions across North America. Stabilis has a 15-year history in the LNG industry, delivering over 200 million gallons. The new brand emphasizes sustainable energy solutions that help clients reduce costs and environmental impacts.
- Rebranding to Stabilis Solutions aims to enhance market identity.
- Company emphasizes commitment to sustainable energy solutions.
- Stabilis has a strong operational history with over 200 million gallons of LNG delivered.
- None.
HOUSTON, TX / ACCESSWIRE / October 26, 2020 / Stabilis Energy, Inc., ("Stabilis" or the "Company") (OTCQX:SLNG) today announced the Company has changed its name to Stabilis Solutions, Inc. The name change was approved at the Company's 2020 Annual Meeting of Stockholders and is part of a broader rebranding effort underway at the Company.
"We believe the name ‘Stabilis Solutions' better reflects the value proposition that we offer our customers." said Jim Reddinger, President and CEO of Stabilis. "Stabilis Solutions provides our customers with complete distributed natural gas fuel and power solutions throughout North America. Our solutions allow our customers to transition to natural gas to reduce fuel costs and improve their environmental footprint, and we believe these natural gas solutions will be critical partners to renewable energy sources as the world transitions to more sustainable and less carbon-intensive sources of energy."
As part of its rebranding the Company has recently launched a redesigned website at www.stabilis-solutions.com.
The Company's common stock commenced trading under the name Stabilis Solutions, Inc. on October 19, 2020. The Company's ticker symbol, "SLNG" and CUSIP number will not change. Outstanding stock certificates of Stabilis Energy, Inc. will now represent the same number of shares of Stabilis Solutions, Inc.
About Stabilis
Stabilis Solutions, Inc. is a vertically integrated provider of small-scale liquefied natural gas ("LNG") production, distribution and fueling services to multiple end markets in North America. Stabilis has safely delivered over 200 million gallons of LNG through more than 20,000 truck deliveries during its 15-year operating history in the LNG industry, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. Stabilis' customers use LNG as a fuel source in a variety of applications in the industrial, energy, mining, utilities and pipelines, commercial, and high horsepower transportation markets. Stabilis' customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions. Stabilis' customers also use LNG as a "virtual pipeline" solution when natural gas pipelines are not available or volumes are curtailed. To learn more, visit www.stabilis-solutions.com.
Investor Contact:
Andrew Puhala
Chief Financial Officer
832-456-6502
ir@stabilis-solutions.com
SOURCE: Stabilis Energy, Inc.
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