SNM Global Holdings Rides the Wave: Unveils 7 New Wave Power Technologies
21 10월 2010 - 9:30PM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) announced today the official
unveiling and launch of seven additional Hydrokinetic Wave Power
development technologies under its recently announced Small &
Micro Hydro Technology Development Initiative.
These Wave Power technologies address the issue of harvesting
wave and tidal power and converting it efficiently and cost
effectively into mechanical energy through innovative design,
engineering and application of proven principles; thereby providing
redundant energy supplies in a wide variety of applications,
particularly adaptable as solutions for emerging markets.
With the addition of these Wave Power projects, the Company now
has a total of eighteen distinct technologies and designs being
primed for commercialization and international distribution;
thereby further enhancing the Company's recent Technology
Acquisition, internally valued at $12.5 million.
The seven Hydrokinetic Wave technological solutions:
1. Ebb And Flow Current Converter
2. Oblique Wave Converter
3. Wave Pendulum Converter
4. Wave Absorbing Converter
5. Coastal Wave Converter
6. Swinging Buoys
7. Wave Endless-Belt
It is expected that a number of the Small & Micro Hydro
technologies can be integrated with the Company's recently
announced Clean Water and Salt Water Desalination initiatives,
thereby providing both energy and clean water sources
simultaneously.
The recent market reports from Frost & Sullivan have
estimated that the "global ocean energy industry can be worth $1
trillion" and Pike Research states 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.
And, according to a new report from Pike Research, strong growth
in the desalination technology market is predicted over the next
several years, and the respected cleantech market intelligence firm
forecasts that global desalination investment will double from $8.3
billion in 2010 to $16.6 billion per year by 2016, representing
cumulative spending of $87.8 billion during that period.
The Company's technologies and development projects will be
integrated into the Company's MicroTechnology Transfer (mt2)
Program and MicroEquity Partner Program, which enables the
acquisition, development, distribution 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
info@snmnglobal.com
SNM Global (CE) (USOTC:SNMN)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
SNM Global (CE) (USOTC:SNMN)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024