Powerdyne International Announces the Completion of Its Engineering Study for Silver City Aluminum Company
09 Abril 2014 - 6:55AM
Marketwired
Powerdyne International Announces the Completion of Its Engineering
Study for Silver City Aluminum Company
WARWICK, RI--(Marketwired -
April 09, 2014) - Powerdyne International, Inc. (OTCQB: PWDY), a manufacturing company that
builds and leases electrical generation equipment, today announced
it has completed its engineering study for Silver City Aluminum
Company according to Stephen Caromile, VP and Lead Engineer of
Powerdyne International Inc. The Company worked closely with
Silver City Aluminum Company's owner Mr. Ron Xavier, the plant
engineer and the company's prime electrical consultant engineer.
The details of this study account for all of the planning and
interface operations for the PDIGenset installation.
The engineering study also provided the basis for forward
planning and the identification of materials and equipment that
will be needed by Powerdyne to manufacture the units and install
the equipment. Further, some of the areas that were expected to be
long lead items have been eliminated due to the reconfiguration of
the interface components and the arrangement of the units on the
site and the ability to upgrade and re-use existing transformers
and switchgear according to Dale Euga, President and CEO of
Powerdyne International, Inc. Euga said this will result in a
significant saving on the manufacturing and also, a reduced cost
for the installation. In addition, the new location of the
PDIGenset units will also provide a more accessible space for the
equipment maintenance and equipment maneuvering.
"Completing this study for Silver City Aluminum has given us a
great opportunity to become more familiar with the company and
vital insight on how we can assist them when it comes to providing
them with superior electrical power generation equipment such as
our PDIGenset equipment," said Mr. Euga. "We are confident that we
can save Silver City a substantial amount of money compared to
their current power bills and look forward to demonstrating the
tremendous effectiveness of our PDIGenset equipment in a setting
such as Silver City."
In order to initiate the study, the Company took an extensive
walk through of the plant where the manufacturing process was
explained in detail. All of the power requirements and the
individual electrical panels were located and recorded on a
preliminary floor plan and interior measurements of the physical
plant were taken and documented. Exterior facilities that are used
for the company shipping and receiving were located and other
external equipment such as tanks and transformers were pinpointed,
detailed and measured. Existing utilities, to include gas,
electricity and water were also located for the purpose of
identifying all of the elements where coordination between the
existing public utilities will need to be addressed.
About Powerdyne International, Inc.:Powerdyne International, Inc
(www.PowerdyneInternational.com) is a manufacturing company that
builds and leases electrical generation equipment including its own
portable electrical power generation equipment called PDIGenset
(which is patent and trademark pending).
The PDIGenset is a self contained generator using a modified
radial air cooled aircraft engine to drive a 1-megawatt (MW)
generator. The PDIGenset, runs on natural gas, propane or almost
any gaseous fuel. It is compact, lightweight, clean burning,
produces low emissions and is extremely energy-efficient.
PDIGensets are designed to be installed at virtually any
location. The genset is leased and maintained by PDI. Although the
company's target customer will typically use its PDIGenset to
produce its own primary electrical power, it can be used for
emergency back-up power generation and is useful in any situation
where reliable power is needed.
PDI is founded on the ability to produce primary electrical
power using proprietary technology to power electrical generation
equipment which makes electricity cheaper than existing means of
producing primary electric power. PDI expects that the difference
between its cost of generating electricity over its customer's
current cost will result in substantial savings to the
customer.
For more information on Powerdyne International go
to: www.PowerdyneInternational.com.
This release may contain "forward-looking statements" that are
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect the Company's current expectations about its future plans
and performance, including statements concerning the impact of
marketing strategies, new product introductions and innovation,
deliveries of product, sales, earnings and margins. These
forward-looking statements rely on a number of assumptions and
estimates which could be inaccurate and which are subject to risks
and uncertainties. Actual results could vary materially from those
anticipated or expressed in any forward-looking statement made by
the Company. Please refer to the Company's most recent Form 10-K
and subsequent filings with the Securities and Exchange Commission
for a further discussion of these risks and uncertainties. The
Company disclaims any obligation or intent to update the
forward-looking statements in order to reflect events or
circumstances after the date of this release.
Contact: Powerdyne International, Inc. contact@powerdyne.org
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