http://www.finanznachrichten.de/ext/goto.asp?id=10701182
Apr 29, 2008 12:35 ET
SolarBrook Water and Power Announces New Corporate Offices
Company Expects to Announce Several New Distribution Agreements and Additional Business Initiatives in the Coming Weeks
RALEIGH, NC--(Marketwire - April 29, 2008)
- SolarBrook Water and Power Corporation (PINKSHEETS: SWPC), a developer, manufacturer and marketer of water quality and clean power products, announced today that it has completed its move to new corporate offices that are better suited to support the future growth of the Company. The new offices are located at 1220 Cooperation Parkway, Raleigh, North Carolina, not far from the company's previous office location.
SolarBrook Water and Power Corporation is an international provider of water treatment solutions, treating water for industrial, municipal, and residential customers. The Company builds and markets filtration and treatment systems to reduce harmful contaminants like arsenic, elements, and compounds from potable water.
The new offices will allow SolarBrook to maintain warehouse, distribution and administrative capabilities in the same location, resulting in cost savings even as the Company facilitates growth in its operations.
The Company also reported that there are several new announcements that it expects to release in the near term related to distribution of its products and additional business initiatives.
"While we have not had updates on the Company's progress over the past several weeks, we now expect to release information about a number of very positive events that have occurred recently," stated George Moore, CEO of SolarBrook. "Management continues to feel that the Company is well positioned to for long-term growth, especially considering the urgent need for water treatment and clean power products in the 21st century."
About SolarBrook Water and Power Corporation
SolarBrook Water and Power Corporation, headquartered in Raleigh, North Carolina, maintains a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of SolarBrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. SolarBrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential.
For more information, please visit www.SolarBrook.com.
Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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