CSLI Alternative Energy Towers Included in $1.1 million DOE Award
Towers to Power a Mesh Wireless Broadband System At the
Nevada Test Site
CLEVELAND, Jan. 22, 2008 (GLOBE NEWSWIRE) -- Critical Solutions Inc. (Pink Sheets:CSLI), the designer of renewable energy tower systems, is pleased to announce that the Company's rapidly deployable towers have been included in a contract awarded by the Department of Energy (DOE), NNSA Service Center to implement a mesh broadband network system for the Nevada Test Site (NTS). The $1.1 million Contract was awarded to Next Wave Systems, LLC and was issued as a competitive 100% small business set-aside.
Critical Solutions has been contracted to provide its Mini-Titan towers to power the MESH broadband network. The wind and solar powered Mini-Titan, is a miniaturized version of the Company's Titan tower system. The units, requested by the NNSA Service Center, will interface with existing security applications at the Nevada Test Site. The NNSA Service Center's primary mission is stewardship and maintenance of the US nuclear weapons stockpile.
"Next Wave Systems is a forward-looking, highly specialized technology company and we value our relationship with them," stated Critical Solutions' CEO James Margulies. "This is a substantial contract award for our Company that calls for up to 20 Mini-Titan units to power the mesh network and should result in upwards of $500,000 in revenue for the Company during the first half of 2009. The inclusion in this contract award once again demonstrates the versatility of our renewable energy platforms. Also, we are exploring numerous additional DOE projects of similar scope and size that are currently being federally funded."
Next Wave Systems, LLC, www.nextwavesys.com, is an engineering and technology company specializing in security and expeditionary warfare-related systems. Their mission is to deliver high quality systems and services to customers in the most expedient and cost-effective manner possible.
About Critical Solutions Inc.
Critical Solutions Inc., through its wholly owned subsidiary, Critical Power Solutions International, Inc., manufactures and sells a line of patent-pending, self-powered trailer systems that can be rapidly deployed to power physical security and communication requirements for areas where power is difficult to obtain, or where conventional power means are too expensive to deploy. The company utilizes non-traditional power sources such as solar, wind, and hydrogen to provide efficient recovery, backup and primary power systems. The company's alternative energy trailer systems have been chosen by a top defense contractor to secure a nuclear power plant, by the Federal Bureau of Prisons for Emergency Response Teams, and to the Marines for emergency communications. Please visit www.criticalsolutions.net.
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Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.