AUSTIN, TX — (Marketwired) — 11/05/13 — Building Turbines, Inc. (PINKSHEETS: BLDW), developer of patented rooftop mounted Wind Turbines, and distributor of Energy Saving LED lighting, Solar and Generator Solutions through Green City Planet, a wholly owned subsidiary, announced today that they have completed the installation of their latest wind turbine design.
The new turbine is the result of over 2 years of collaboration between Building Turbines, Inc., The University of Texas at Austin, Texas State University, and the Austin Green Energy Group; incorporating five separate collegiate studies, numerous improvements, and design upgrades. Based on the original BT Wind Turbine platform, the new turbine incorporates significant changes to the blade configuration, hubs and bearings designed to reduce friction and maintenance.
“The new design is modular in nature, so existing systems can be easily outfitted with the new components. It is designed to generate electricity efficiently at lower wind speeds, while still withstanding large gusts. It has also been cost engineered and the design lends itself readily to mass production. Our Intellectual Property Expert believes that our new innovations will fall under the claims of our two issued patents; as well, another pending patent, which we believe through recent correspondence from US Patent Office, an award is eminent. R&D and continuous improvemnet is an on-going process; but, the ability to upgrade and expand existing systems will be maintained,” stated John Graham Sr., Building Turbines, Inc., CEO.
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Based in Austin, Texas, Building Turbines, Inc. is focused on the design and manufacture of patented rooftop wind turbines; as well as, vertically integrating into other renewable energy solutions to complete a total Green Energy Solution for any urban environment. Building Turbines, Inc. is a publicly traded company, (PINKSHEETS: BLDW).
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Green City Planet, is a wholly owned subsidiary of Building Turbines Inc.; is a premier provider of LED lighting, Solar and comprehensive commercial energy efficient solutions.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management-s expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
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