Building Turbines' New Partner ATG-LED, Announces Sale of Approximately $250,000 to Physicians Center Project, in Houston, TX
January 22 2013 - 7:30AM
Marketwired
Building Turbines, Inc. (PINKSHEETS: BLDW), a designer and
manufacturer of patented, innovative commercial rooftop wind
turbine systems, issued a statement today, that BLDW has entered
into a strategic alliance with ATG-LED, to provide a total LED
lighting solution, designed to complement all wind turbine sales,
and is the next step in BLDW becoming a full service, Green Energy
solution provider. BLDW will be a distributor for products and/or
services of ATG-LED. In the Physicians Center project, which BLDW
is providing 10 turbines at more than $270,000, ATG-LED has secured
a sale, of approximately $250,000 for interior LED lighting.
An LED lamp is a solid-state lamp that uses light-emitting
diodes (LEDs) as the source of light. LED lamps are very durable,
and offer an incredibly long service life. They are very energy
efficient; providing up to a 60% reduction in power consumption,
while providing the same amount of light, as measured in lumens. At
present, fluorescent lighting is the primary lighting source for
the majority of interior areas in facilities; such as, office
buildings, schools, hospitals, stores, hotels, garages, warehouses
and factories. An LED tube upgrade produces light more than twice
as efficient as fluorescent tubes, are non-toxic, virtually
unbreakable, and require no ballast maintenance and/or upgrade,
resulting in instant electrical savings to the end user.
John Graham, CEO of Building Turbines, commented: "I am very
excited about our new relationship with ATG-LED. ATG-LED is one of
several companies that Paul Getty is bringing to Building Turbines
that will offer a tremendous source of new revenues; as well as,
introduce us to an entirely new customer base. The addition of
ATG-LED products and services is a natural progression in the
direction that we see BLDW heading: A Full-Service Green Energy
Solution Provider for smart, self-sufficient, green
facilities."
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable
energy company focused primarily on designing, manufacturing and
deploying patented revolutionary rooftop mounted, horizontal-axis
wind turbines that can bring the dream of clean, affordable wind
energy to a reality. The turbines are mounted on a strong steel
frame, with a low rooftop signature, requiring minimal maintenance,
and generating almost no noise or vibration.
For more information:
Website: www.buildingturbines.com
E-mail: investor@buildingturbines.com
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.
Investor Relations: Dave Zembek 615 426-2565
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