TEL-AVIV, Israel, December 15, 2014 /PRNewswire/ --
WERPO (OTC BB:BBRD) - is announcing its newest addition to
the team - Mr. Uri Ben-Noon,
Formerly CEO of the Israel Electric Company [IEC] and Ex-Chairman
& CEO of the chemical conglomerate Dead Sea Works
Ltd.
WERPO has officially added Mr. Uri
Ben-Noon to its team of experts, as an external adviser. Mr.
Ben-Noon was formerly CEO of the Israel Electric Company [IEC] and
has vast experience in all elements concerning energy projects. Mr.
Ben-Noon was also a Chairman & CEO of the chemical conglomerate
Dead Sea Works Ltd. and in this capacity he has gained expertise
particularly useful to the promotion and success of WERPO's unique
sea wave energy system.
Mr. Shmuel Ovadia, Director of
WEPO, expressed his confidence that Mr. Ben-Noon will add his vast
experience to the promotion of the company's sea wave energy
solution: "I believe Mr. Ben-Noon is a wonderful addition to the
team. He will assist us in the completion of our sea wave energy
projects around the world; his experience will be a great asset to
the completion of orders WERPO has, with potential revenue of
several Hundred Million Dollars."
About Wave Electricity Renewable Power Ocean
(WERPO)
WERPO was erected in 2014 to take on the public shell of BBRD in
the OTC market, and this in order to promote its unique sea wave
energy system. The technology developed by its affiliate, SDE Ltd,
is based on the utilization of sea waves to yield hydraulic
pressure that produces electricity while exploiting the full
potential of wave speed, height, depth, rise and fall, and currents
beneath the surface of the water. Energy density in waves is high
compared with other renewable energy sources such as wind power and
solar power. Over a year, the energy output is approximately 3
times that of solar or wind technology.
Results and experimental fieldwork conducted in Israel and abroad indicate that the energy
production from sea waves by SDE's technology cost of 2-6 cents for 1KW, a significantly lower cost
compared to other renewable energy technologies (for example, wind
energy - 12 cents, Solar Energy
16 cents). In addition, SDE's
technology allows an annual output of 65% - significantly higher
yield compared to other renewable energies (wind energy - an annual
output of 24%, solar energy an annual output of 22%).
Under the development of SDE the system attained patents
worldwide, as well as patents pending and was even chosen number
one in the world in its field by an independent team of scientists
(PESWiki). Currently WERPO holds all rights to SDE's technology,
IP, contracts, subsidiaries and so on. In this manner, WERPO hopes
to spread this unique sea wave energy solution around the world,
aiding those regions most in need.
Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future.
For further information please contact:
Maximum Performance Advisors, Inc.
shareholders@werpo.us
SOURCE WERPO