ALBANY, NY, July 8, 2021 (GLOBE NEWSWIRE) – NewMediaWire – EcoChain, Inc. (“EcoChain”), a wholly owned subsidiary of Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), a cryptocurrency mining company powered by renewable energy, announced today due to the Fourth of July holiday that it now plans to launch site-level effects for the month of June 2021 on July 1.
About EcoChain, Inc.
EcoChain, Inc. , a wholly owned subsidiary of Mechanical Technology, Incorporated, is engaged in the progression and operation of highly economical ecological knowledge centers aimed at cryptocurrency mining. For more information about EcoChain, visit www. ecochainmining. com.
Forward-Looking Statement
This communication comprises forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect existing expectations of control as of the date of this communication and involve certain dangers and uncertainties. Forward-looking statements come with statements regarding the proper execution of the Company’s business strategy. The Company’s actual effects may also differ materially from those expected in those forward-looking statements due to various factors. These dangers and insecurities come with, among others, our ability to identify and maintain the proprietary nature of our generation through the patent process, as well as our ability to potentially license other patents and mandatory patent programs for development. of products ; the availability of funds; the Company’s ability to put its long-term business plan into effect for the various programs of its generation; the Company’s ability to enter into agreements with all mandatory partners; influence competition, obtaining and maintaining all mandatory regulatory approvals applicable to the Company’s generation programs; and control of expansion and other dangers and insecurities that would possibly be detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission.
Contact: Lisa Brennan
lbrennan@mtiinstruments. com
Investor Relations: Kirin Smith, President
PCG Consulting, Inc.
646. 823. 8656
Ksmith@pcgadvisory. com