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SONG Akazoo SA

1.163
0.00 (0.00%)
22 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Akazoo SA NASDAQ:SONG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.163 1.10 0.90 0 00:00:00

Building Turbines Issues Corporate Update

01/06/2011 1:30pm

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Building Turbines, Inc. (PINKSHEETS: BLDW) ("BT" or the "company"), a developer of commercial building rooftop mounted horizontal-axis wind turbines, issued a corporate update today detailing its progress to date and strategies and priorities for the remainder of 2011.

According to John F. Graham, Sr., CEO of BT, the company is looking to aggressively deploy its production model rooftop wind turbine with a variety of early adopter customers and renewable energy demonstration sites across the US. In addition, the company is looking to improve the investor relations section of the BT website, increase focus on the public sector, attract and retain talented human resources, and broaden the BT support network through strategic alliances.

"In today's arduous economic times, achieving a win-win-win by investing in clean renewable energy that is distributed generation (DG) in nature, saving bottom-line dollars by using fully paid for yet unutilized roof space, and supporting an American start-up trying to help reduce our dependence on fossil fuels, all at the same time is attractive," said Graham. "Our plans are to continue engaging world-class early adopter customers as well as increasing our focus on the public sector. The BT value proposition casts a wide net as it has economic, social and environmental aspects and we are seeing solid interest in our technology and turbine from corporate, commercial real-estate and governmental sectors. Another area of focus for the company will be improving the investor relations area of our website."

BT is also pleased to announce the promotion of Mr. Mark Berger from VP of Engineering to Chief Technology Officer. Mr. Graham states, "We are excited to have Mark as our CTO and look forward to his continuing expertise and significant contribution to our engineering and R&D efforts."

About Building Turbines, Inc.: Building Turbines, Inc. is an Austin, Texas-based renewable energy company focused on designing, manufacturing and deploying revolutionary rooftop mounted horizontal-axis wind turbines. For more information visit their website at www.buildingturbines.com, or email them at investor@buildingturbines.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: The material contained in this press release may include statements that are not historical facts and are considered "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current views about future events, financial performances, and project development. These "forward-looking" statements are identified by the use of terms and phrases such as "will," "believe," "expect," "plan," "anticipate," and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from the Company's expectation. These factors are elaborated upon and other factors may be disclosed from time to time in the Company's past filings with www.otcmarkets.com and available on its website. Building Turbines, Inc. expressly does not undertake any duty to update forward-looking statements.

Contact: Mr. John F. Graham, Sr. CEO Email Contact

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