Gold River Productions Inc. (GRPS) Discusses Photo-Voltaic, Solar Roof Patent
October 26 2010 - 8:01AM
Marketwired
John Ohlin, President and Chief Executive Officer of Gold River
Productions (PINKSHEETS: GRPS) Inc. announced today that the
Company's Patent Pending technology of a monolithic, photo-voltaic
solar roof will soon be filed on a world-wide basis. "There is no
known, established market for our patent pending technology as all
established P.V. solar technology is a 'bolt on' technology," he
said.
"However, the potential market for our patent pending
monolithic, P.V. solar roof is huge. In the U.S. alone in 2010,
$2.4 trillion dollars of commercial and civil construction (the
major market for our technology) is in the 'post bid' phase," Mr.
Ohlin reported. (www.reedconstructiondata.com) "The roof portion of
the construction is between 5% - 10% of the total construction cost
which means that the total available market (TAM) for our patent
pending P.V. solar roof equals between $120 billion to $240 billion
in the U.S. alone," he said. "A one half of one percent market
penetration in five years would generate between $60 million to
$120 million in sales.
"Our technology will allow solar roofs to be installed in 60'
free span lengths, with an R value in excess of R-42. Photovoltaic
solar cells, producing up to 13 watts of power per hour per square
foot are integrated into the exterior skin of the monolithic,
structural insulated roof panels," he stated. "Our P. V. solar roof
panels will be produced on high-speed, fully automated laminators.
At full production, the laminators can produce in excess of one
million sq. ft. of P. V. solar roof panels per month; generating
potential sales for AeroQuest in excess of thirty million dollars
per month."
For complete information on the Company please go to our web
site www.atpanels.com.
Except for historical information contained herein, the
statements in this release are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties that
may cause the company's actual results in future periods to differ
materially from forecasted results. Such risks and uncertainties
include, but are not limited to, market conditions, competitive
factors, the ability to successfully complete additional financing
and other risks.
Contact: Mr. John Ohlin President/CEO 801-523-2744
Gold River Productions (PK) (USOTC:GRPS)
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