Energy Management International -- Nova Wind, Inc's Joint Venture Preparing for Move to Second Stage of Development
27 Julio 2010 - 10:52AM
Marketwired
Energy Management International, Inc. (PINKSHEETS: ENMI) is pleased
to confirm acceptance of Nova Wind, Inc's "Nova Motor" as the
design to be used in developing the joint-venture's prototype wind
generator. Nova Wind's horizontal direct drive shaft design appears
to be capable of eliminating gear box, brake and transmission
problems associated with traditionally designed wind generators.
With fewer moving parts, Nova Wind's direct drive shaft concept
should result in a less expensive wind generator with fewer
mechanical breakdowns.
Howard Dunn, President of Energy Management, said, "Nova Wind's
turbine concept is based on reducing wear and tear on the internal
working parts of a traditionally designed electric motor."
Energy Management International, Inc,
formally known as Gust Engineering and Speed Production, Inc, is
positioning itself to acquire North and South American oil and gas
production projects and enter into downstream processing design,
build, and/or operating agreements in Paraguay, Bolivia, and
Argentina. Recently, the Company entered negotiations for the
purchase of oil producing properties in central Texas.
DISCLOSURES: "Safe Harbor" statement under
the Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements that are subject to
risk and uncertainties, including, but not limited to, the impact
of competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in Energy Management International,
Inc.'s filings with the Securities and Exchange Commission. These
risks could cause Energy Management Internationals, Inc.'s actual
results to differ materially from those expressed in any
forward-looking statements made by, or on behalf of, Energy
Management International, Inc.
For additional information, please visit our website
(www.EnergyManagementInternational.com) or contact our Investor
Relations firm, A S Austin Company, 858-537-7439 or
ENMI@asaustinco.com
Contact: A S Austin Company 858-537-7439 ENMI@asaustinco.com
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