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 October 14, 2015 - 9:15 AM EDT
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Galenfeha On Track To Become Largest Consumer Of LiFePO4 Chemistry In U.S.

FT. WORTH, Texas, Oct. 14, 2015 /PRNewswire/ -- Galenfeha, Inc., (OTC: GLFH) is steadily gaining market acceptance with its stored energy solutions.  The company's advancements in the industry are positioning Galenfeha to become the nation's leader in LiFePO4 chemistry usage.  

Patricia Delgado, President/CEO of Headway Headquarters, LLC commented, "Galenfeha is rapidly becoming one of our largest customers.  Currently, there is only one company in the U.S. that utilizes this chemistry in a larger capacity, and Galenfeha is closing that gap."

James Ketner, Galenfeha's founder and Chairman added, "The market is quickly realizing the superior performance, increased safety, and long term costs savings of our batteries versus lead acid and traditional Lithium chemistry.  We believe that by next year, we will be the number one consumer of LiFePO4 chemistry in the U.S., as we continue to see increased market penetration with current applications, and expand our product lines outside the Oil and Gas industry."

About Galenfeha, Inc.

Galenfeha (OTC:GLFH) is a design, engineering, and manufacturing firm with a focus on stored energy solutions with low environmental impact.  Galenfeha designs, manufactures and markets a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for Oil and Gas measurement and automation as well as a full line of proprietary high precision chemical injection systems.  The company has also been testing stored energy solutions for U.S. military applications.

For more information on Galenfeha's products and services, please visit www.galenfeha.com.

Contact:
Galenfeha, Inc.
Ft. Worth, TX
800-280-2404

Forward-Looking Statements: Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and "appears," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization, or technological difficulties; the regulatory and trade environment; the impact of reimbursement rates and coverage; and the risk factors reported from time to time in the Company's SEC reports. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/galenfeha-on-track-to-become-largest-consumer-of-lifepo4-chemistry-in-us-300159481.html

SOURCE Galenfeha, Inc.


Source: PR Newswire (October 14, 2015 - 9:15 AM EDT)

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