Sector 10, Inc. Acquires 100% of Solar Tracer Corporation
January 10 2011 - 8:00AM
Sector 10, Inc. (OTCBB:SECI) (Frankfurt:4RS1) has acquired 100% of
Solar Tracer Corporation, an alternative energy R&D company
seeking to capitalize on the $450 Billion global alternative energy
market by developing Solar Tracer™, a low cost, high efficiency
solar concentrator for national and international licensing and
sale.
Solar Tracer Corporation contracted renowned satellite and
microwave antenna engineer Eugene Augustin, President of Wireless
Engineering, for the development of Solar Tracer™. Christian
Tedrow, President of Solar Tracer Corporation said, "We choose to
work with Eugene Augustin and his company, Wireless Engineering
Corp, because of his outstanding success record in designing
technological breakthrough products for the U.S. Navy, Hughes,
Comtech, NATO, the government of Taiwan and many others. They
have all sought the technology expertise of Eugene Augustin, a
leading expert in the design of Microwave Antennas, components and
satellite systems."
Tedrow went on to say, "Mr. Augustin's antenna designs are in
current production and used on virtually every ship in the U.S.
Navy. His antennas and rotary joints are on more than 2,000
Freedom Fighter aircraft. He helped design the Coastal Defense
Radar System for Taiwan and the satellite TVRO systems for Hughes,
Comtech and Boman. We are confident in Mr. Augustin's ability
to bring 'Solar Tracer™' successfully to market."
Pericles DeAvila, President of Sector 10, Inc., concluded, "We
are very excited about acquiring Solar Tracer Corporation. We
believe that Solar Tracer Corporation, with their experienced team
and world class designer Eugene Augustin, is strategically placed
to capitalize on the booming $100 Billion global solar market."
Solar Tracer Corporation
Solar Tracer Corporation, a Nevada corporation, is an
alternative energy R&D company seeking to capitalize on the
$450 Billion global alternative energy market by developing "Solar
Tracer™", a low cost, high efficiency Concentrated Solar Power
(CSP) collector. In terms of domestic applications, Solar
Tracer™ will use concentrating solar power technology to capture
energy from the sun and use it to provide hot water for
homes. In terms of large, commercial applications, Solar
Tracer™ will use concentrating solar power technology to capture
energy from the sun and transfer it in the form of heat to run
steam turbine generators which, in turn, produce electricity which
is then sold to power grids. The company believes that Solar
Tracer™ will exceed the performance of the current generation of
linear concentrator systems. (www.solartracer.com)
About Sector 10, Inc.
Sector 10, Inc. is redefining the emergency response paradigm
from centralized equipment staging to onsite pre-deployed resources
to "Bridge the Survival Gap." Sector 10 has
developed the most leading edge emergency response integration
equipment available today. http://www.sector10inc.com.
FORWARD-LOOKING STATEMENTS
This press release may include "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical facts,
included in this press release that address activities, events or
development that the company expects, believes or anticipates will
or may occur in the future are forward-looking statements. These
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the Company,
which may cause the Company's actual results to differ materially
from those implied or expressed by the forward-looking statements.
The Company assumes no duty whatsoever to update these
forward-looking statements or to conform them to future events or
developments. www.sector10inc.com
CONTACT: For more information contact: IR@sector10.com
or LMadison@sector10.com
Phone: (206) 853-4866
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