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Windworks to Partner with a Leading Australian Commercial/Residential Property Developer to Progress Their Eco - Management Strategy

2009-07-22 16:11
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MUNICH--(BUSINESS WIRE)--Further to the 8 June News Release ('Windworks to raise further equity'), Windworks is entering into a partnering arrangement with Primewest Management Ltd in order to assist in achieving their eco - management and carbon pollution reduction goals.

Primewest is one of the most active and successful commercial/residential property developers in Australia and commands an extensive property portfolio. This includes commercial offices , shopping centres , warehouse and depot facilities plus residential land subdivisions. Their focus is on long-term capital growth with proactive asset management , combined with sustainable environmental outcomes.

A strong working relationship has been forged between the Boards of Windworks and Primewest. Their property portfolio and infrastructure is ideal for the installation of our innovative vertical axis wind turbine design.

The Windworks prototype turbine is being tested at a Primewest property development location.

Further updates will be provided as milestones are achieved.

Windworks Engineering Inc. is an independent, exchange listed company in the renewable energy segment with a core focus in the area of wind turbine development.

This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Windworks Engineering Inc. as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially.

Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available.

Windworks Engineering Inc., Palm Grove House, PO Box 438, Road Town, Tortola, British Virgin Islands, Company Number: 1467202, investors@windworks-invest.com

ISIN: VGG9703T1003; Austrian Code: WWE; German Code: WEI; WKN: A0RCGL

Quoted on the Vienna Stock Exchange other securites.at and listed on the Frankfurt Stock Exchange Open Market.

http://www.windworks-invest.com

 

Contacts

Windworks Engineering Inc.
Klaus Schwerdtfeger, +41 22 31 08 202
ks@keswickglobal.com