Business & Finance
Business and Finance
Business and Finance
Thu, December 18, 2008 GWS Technologies, Inc. Offers Patented Four Seasons Windpower Turbines
SCOTTSDALE, Ariz.--([ BUSINESS WIRE ])--GWS Technologies, Inc., (OTCBB: GWSC) an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, today announced that it will be distributing Four Seasons Windpower's patented residential and commercial vertical axis wind turbine product line.
"The Four Seasons Windpower line of vertical axis wind turbines, or VAWTs, are among the most versatile in the market today, ranging in size from 10 watt mini-VAWTs to 4 megawatt super-VAWTs," said GWS Technologies Vice President Michael Coskun. "This product line will allow our customers to satisfy every type of wind power requirement."
Four Seasons Windpower VAWTs hold nine international patents, representing industry-wide improvements in design and performance. The turbines are sleek, quiet, and efficient, designed to operate in a broad range of wind conditions.
The U.S. wind industry grew approximately 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 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.
