GWS Technologies, Inc. Partners with Microgeneration Innovator Urban Green Energy to Distribute its 2nd Generation VAWTSCOTTSDALE, Ariz.--(BUSINESS WIRE)--GWS Technologies, Inc., (OTCBB: GWSI - News) an alternative energy company developing and marketing microgeneration solar and wind-powered renewable energy products and solutions, today announced that it has entered into an agreement with Urban Green Energy, Inc. to distribute its incredibly advanced 2nd generation 4kW vertical axis wind turbine (VAWT), the first in a line which will include several other sizes, including a 1kW VAWT available this fall. The 4kW VAWT uses composite materials to create a wind turbine that is, according to Urban Green Energy’s CEO Nick Blitterswyk, “quieter than a human whisper” while providing enough energy to power an average American home. “Our second generation line combines functionality and visual appeal,” Mr. Blitterswyk said, “and was designed for peak energy output in an urban environment.” One of the advantages in placing wind turbines on a residence is the efficiency gained in point-of-use electrical generation. Typically, energy is generated far from where it is used, which requires utilities to build transmission lines to deliver power to the consumer, who may be hundreds of miles away. Not only is energy lost in transmission, but environmental and other groups have blocked the construction of new transmission lines, citing negative effects on the environment. “This is an aesthetically dazzling product that is remarkably quiet and efficient,” said GWS Technologies Vice President Michael Coskun. “It will help our customers save money while contributing to a cleaner environment.” Installed wind power grew a staggering 45% in 2007, and the U.S. Department of Energy predicted that the United States should be able to derive a full 20% of its electric demand from wind power alone by 2030. A recent market research report predicts that the market for wind turbines will grow to $16 Billion by the end of 2015. About GWS Technologies, Inc. GWS stands for GreenWindSolar. We are an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona. Safe Harbor Statement: Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel. Contact
for GWS Technologies, Inc. |
