Energy Edge Technologies Corporation, 5LINX Enter Strategic Alliance

Energy Edge Technologies Corporation retracted the news release on which the story below was based, and issued the following statement:

BRIDGEWATER, N.J., May 11, 2012 /PRNewswire/ --

Dear Shareholders,

In a short span of time I've had multiple interactions with EEDG shareholders regarding the press release retraction we posted yesterday evening. Accordingly, I feel it's incumbent upon me to clarify and explain to everyone the events that transpired.

First and foremost, Energy Edge (OTC: EEDG) is 100% committed to moving into the residential energy market and to employing as many Veterans as possible through VetPower.org while doing so. Our concern with the press release, and the quotes and terms stated therein, was that it was approved by people within the 5 LINX organization who lacked the authority to do so. For that reason, we agreed it was best to simply retract the entire release and will move forward once the situation is fully corrected to everyone's satisfaction. We expect to issue a new press release in the coming days regarding our entry into what I believe will be a potentially explosive new market for our Company and for a large number of Veterans.

On a related note, some of the shareholders who contacted me also inquired about where the Company is heading. The answer is that we continue to build a strong sales pipeline and are now being regularly contacted by others in our industry exploring partnering opportunities. We are focused squarely on gaining new clients and forming additional strategic alliances as we aggressively pursue potential merger and acquisition opportunities.

As always, please feel free to contact us with any questions you may have.
Sincerely,

Robert Holdsworth
President

Energy Edge Technologies Corporation announced today that it has entered into a strategic alliance as a business partner with network marketer 5LINX.

Energy Edge is an energy efficiency and engineering/projects consultant focused on the industrial, institutional, and commercial sectors.

The new alliance with 5LINX will expand Energy Edge's reach into the residential market, while Energy Edge will also offer its non-residential clients competitive energy supply brokered through 5LINX.

"Adding the ability to help residential consumers switch to more competitive rates for electricity and gas through 5LINX is a natural extension of our success in the commercial, industrial and government sectors," stated Robert Holdsworth, President of EEDG.