PacWest Equities, Inc. Announces Partnership With Two of Brazil's Energy Companies, Itambe Energy and 3CO Energy
September 13 2013 - 9:54AM
Marketwired
PacWest Equities, Inc. (PINKSHEETS: PWEI) today announced details
of the recent partnership agreements with two of Brazil's energy
companies, Itambe Energy and 3CO Energy, both located in the
Capital of Parana, Curitiba, Brazil. The partnerships would give
PacWest Equities an immediate foothold in the region to quickly
deploy its Solar Manufacturing Line and help accelerate its plans
to capture a large share of the estimated $US89 Billion Solar
Market in South America by 2017.
The Solar Manufacturing Line, which costs over $100 Million to
develop, with $67 Million going to Research and Development, $12
Million to build the prototype line, and $27 Million going to the
actual production line now in physical possession of PacWest
Equities, Inc., addresses the construction market's need to replace
typical tinted window panes in high-rise buildings with Solar Glass
Panels that generate electricity at the same time as functioning as
a window, a skylight, or any other type of building cover. This
technology is designed to integrate with other technologies in the
building market, but at the same time opening up huge surface areas
for Solar Generation that previously were tinted, coated, and
usually curtained to attempt to stop the transfer of heat and
energy drain.
About PacWest Equities, Inc.
PacWest Equities, Inc. specializes in working with
under-performing companies and bringing together the resources
needed for them to attain financial stability and growth. Our focus
is on recession proof industries such as food and energy production
showing a positive upside while struggling to bring new
bio-technologies and unique products to market.
About Itambe Energy
Itambe Energy, or Itambe Itá Energética S.A. produces
electricity for regional users in the Brazilian State of Parana.
The company is based in Curitiba, Brazil.
About 3CO Energy
3CO is a holding company comprised of three companies:
3CO.Energy, 3CO.Environmental, and 3CO.Business. Its professionals
are recognized nationally and internationally and are challenged to
develop clean and efficient energy solutions, solving environmental
problems, the creation and implementation of programs for
sustainable use of natural resources management.
Safe Harbor
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.The
words or phrases "would be," "would allow," "intends to'" "will
likely result," "are expected to," "will continue," "anticipate,"
"expect," "estimate," "project," "indicate," "could,"
"potentially," "should," "believe," "considers," or similar
expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. These include the company's historic lack of
profitability, end user customer acceptance and actual demand,
which may differ significantly from expectations, the need for the
company to manage its growth, the need to raise funds for
operations and other risks within the regulation of the industry.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company's
past performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
CONTACT: Media Relations Email Contact
www.pacwestequities.net
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