SNM Global Launches New Hybrid Hydro Development Projects
23 9월 2010 - 9:21PM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) -- Based on unprecedented
market growth in Hydrokinetic energy solutions, the Company
announced today it accelerated the product development cycle and
officially launched projects on four 'Hybrid Hydro" hydrokinetic
energy solutions.
Each of the technology solutions, resulting from its recent
technology acquisitions, are unique integration of proven
sustainable alternative sources, engineered to provide redundant
energy supplies in a wide variety of applications, particularly
adaptable as solutions for emerging markets.
The Small Hydro Hybrid technologies to be primed for
commercialization and international distribution are:
1. Hybrid Hydro-Wind
Plant - 2. Hybrid Hydro Plant -
3. Renewable Energy
Plant - 4. Hybrid
Hydro-Solar Plant -
The recent market reports from Frost & Sullivan and have
estimated that the "global ocean energy industry can be worth $1
trillion" and Pike Research, states "Hydrokinetic energy generated
from the ocean and rivers may grow by 22 gigawatts in the next five
years."
In fact, Pike Research further suggests that ocean hydrokinetic
energy is "50 to 100 times more cost-efficient than wind or
solar"... and can be more reliable than other kinds of renewable
energy sources such as wind or solar.
The Company recently announced the launch of it Small &
Micro Hydro Technology Development Projects resulting from its
recent technology acquisitions and expects further announcements
regarding additional technologies to be developed for preparation
of commercialization and international distribution.
The Small Hydro Development Projects represent important
technologies to assist emerging economies to leapfrog into
sustainable and independent energy-production.
Access to electricity is one of the keys to development, as it
provides light, heat and power for productive uses and
communication. Today 1.7 billion people in developing countries do
not have access to electricity, most of them living in rural
areas.
Based on internal market projections and asset appreciation over
the market cycle, the Company values the technology acquisition at
$12,500,000, to be purchased through by the issuance of Preferred
Stock. Redemption of the Preferred Stock is contemplated to contain
several performance based terms relating to sales and market
penetration, thus protecting shareholders and insuring equity
appreciation.
The Company's acquired technologies and development projects
will be integrated into the Company's MicroTechnology Transfer
(mt2) Program and MicroEquity Partner Program; and will be
introduced into SNM Global's distribution network for emerging
market insertion and introduction.
SNM Global's MicroTechnology Transfer (mt2) Program and
MicroEquity Partner Program enable the acquisition, development,
and transfer of technologies that will provide for the betterment
of society and provide the catalyst for emerging markets to
leapfrog into the sustainable sectors that will drive the
twenty-first century.
The Company encourages collaboration with public, private and
institutional partners in all phases of the development and
technology transfer cycle; and accepts submissions from both
collaborative development, distribution and inventor partners
through the Collaboration Portal on its new website at
www.SNMNglobal.com.
About SNM Global Holdings
SNM Global Holdings (SNM Global) is a technology holding and
development company that invests in, acquires, and develops
Intellectual Property Assets and Operations in the
Clean/Alternative Energy, Biotech, Water and Better Health &
Living sectors adapted specifically for the emerging global
markets.
The Company realizes revenues from the distribution of its
technology, products, and solutions through its network of
international agents and distributors and through the licensing of
Intellectual Property through its innovative mt2 Program. The
Company provides its International MicroEquity Partner program to
our local partners in our target international markets. This
program provides initial funding to a community building and
life-enhancing organization. The Company sees profits through
equity ownership and sales and distribution of its technology and
solutions. The company operates through its subsidiaries and
various distribution partners worldwide.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from the statements made herein.
CONTACT: SNM Global Holdings 100 Pall Mall Saint James
London SW1Y 5NQ United Kingdom Tel Number: (44) 020 7096 0200
Investor Relations: 1-(321)-251-6082 info@snmnglobal.com
SNM Global (CE) (USOTC:SNMN)
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