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OWVI One World Ventures Inc (PK)

0.007
-0.0007 (-9.09%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
One World Ventures Inc (PK) USOTC:OWVI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0007 -9.09% 0.007 0.0042 0.011 0.007 0.007 0.007 2,250 21:00:14

One World Ventures' Inter Solar Tech to Open London Office

10/02/2010 2:29pm

Marketwired


One World Ventures (PK) (USOTC:OWVI)
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One World Ventures, Inc. (PINKSHEETS: OWVI) subsidiary Inter Solar Tech today announced it is in final negotiations to open new facilities and offices in London, England. The London office will focus on sales of Inter Solar Tech products in the European Union. One World Ventures, Inc. projects $2 million to $4 million in revenue in 2010 from the European operations.

The European market for solar products grew at a rate of 60% in 2008 for residential and commercial use. An office in London primes Inter Solar Tech to gain market share in the European marketplace.

"We are focused on becoming a world leader in solar products," Stephen Prior, CEO of One World Ventures, explained. "With products soon being introduced in the U.S., Mexico and now Europe, we are pleased to be steadily marching towards that goal."

Inter Solar Tech intends to name Lukas Dobrovolski its President/CEO of its European division upon opening of the London office. Dobrovolski previously served as a senior management consultant at McKinsey & Company -- one of the world's leading management consulting firms.

"We are very excited to have Mr. Dobrovolski leading our sales and expansion into the European solar thermal market," stated Amy Yao, CEO of Inter Solar Tech. "We have no doubt his expertise will allow us to take advantage of the growth in this market."

About One World Ventures, Inc.

One World Ventures, Inc. is a company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. One World Ventures businesses include the financial services 1World Card and 1 World Cash, the alternative energy Inter Solar Tech, (HK), Ltd. and the manufacturing and trading business Tutamen (HK), Ltd.

About Inter Solar Tech

Inter Solar Tech, Ltd. engages in the sale and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes. Inter Solar Tech, Ltd. currently sells its products to a network of distributors and resellers in the People's Republic of China and the European Union with a plan in place for expansion of its sales and distribution network throughout the rest of the world.

Safe Harbor Statement:

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

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Contact: One World Ventures, Inc. USA Tel (+1) 702-789-1088 investors@1worldventures.net www.1worldventures.net

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