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CKEI news..Clickable Enterprises Provides Solution to Current Oil Prices in Its Letter to Shareholders MOUNT VERNON, N.Y., Sept. 1, 2005 (PRIMEZONE) -- Clickable Enterprises, Inc. (OTCBB:CKEI), an Internet-based home heating oil company, today issued the following important announcement to its shareholders:
Dear Shareholders:
As you may be aware, due to a myriad of circumstances in the world marketplace, market conditions for energy have become inflated, with speculative interest in the futures markets influencing the rise in oil, natural gas and propane prices. This has created an environment of uncertainty, negatively affecting our economy, and putting the heating oil consumer in a state of crisis to lock-in oil costs for the winter, and desperately find any method possible to reduce their expenses for staple commodities like heating oil. While the volatile market has created due concern, ClickableOil.com has the solution.
Our business was created by replacing traditional fuel oil buying with a Web-based infrastructure to lower the cost of heating oil to the consumer. However, we realized that the consumer now needed us to do more. We maintain a crisis-mode strategy to protect the heating oil consumer during these difficult times by keeping our operating and office costs at "bare bones" levels. This has effectively allowed us to continue, without interruption, being the low-cost provider servicing our market areas. This is, and remains, our number one priority. Our unique financial structure enables us to expand during this difficult time for the industry and consumers.
While consumers are switching to ClickableOil.com for their home heating oil needs and a sense of certainty in light of this unstable market, we encourage consumers to do their part and conserve oil use. For ways to reduce your heating bills through conservation, please visit www.oilheat.com
Thank you for your continued interest and support as shareholders.
Very truly yours,
Clickable Enterprises, Inc.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company. Based in New York, the company leverages the Internet and proprietary order processing and pricing software to offer its customers well priced home heating oil primarily in the New York metropolitan region. ClickableOil.com specializes in price control, risk management, and product positioning, leaving the physical transportation of the product to specially chosen vendors. The company plans to continue to grow geographically throughout New York, New Jersey, Pennsylvania, and eventually the entire northeast. For more information, visit www.clickableoil.com
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, results from future research and testing, failure to obtain regulatory approval for the company's products, if required, failure to develop a product based on the technology acquired, failure of any such products to compete effectively with existing products, failure to develop a cost-effective commercial manufacturing method, the ability of the company to fund additional studies and product development and other factors discussed in filings made by the company with the Securities and Exchange Commission.
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