LAS VEGAS, June 11, 2009 (GLOBE NEWSWIRE) -- In a market populated by bright-eyed companies with bold visions of market share and abundant success it is often difficult to discern those with staying power . . . or a real technology. But what can often indicate that a company indeed has the 'goods' is third-party validation via a potential agreement with a larger, more established industry player who would certainly vet the smaller party before entering into an agreement. Such a deal could send a signal to the market that the smaller company has 'the goods' and is viable while simultaneously infusing the fruits of the agreement into the emergent equity. Yesterday, it appears, GWS Technologies (OTCBB:GWSC) began its pursuit of such a moment in the sun when it announced plans for a new solar farm in the Phoenix area. The market reacted strongly to the GWS press release, responding with 1,141,694 shares traded and GWSC shares closing up 181%.
A profile featuring emerging solar company GWS Technologies and of interest to investors of solar industry leaders Evolution Solar Corporation (Pink Sheets:EVSO), LDK Solar (NYSE:LDK), Suntech Power Holdings Co., Ltd. (NYSE:STP), XsunX Inc. (OTCBB:XSNX), and U.S. Geothermal (Amex:HTM) is available at the link below:
http://www.emergingmarketsllc.com/profiles.php?ID=greenwindsolar.php
In a Wednesday release, GWS Technologies (OTCBB:GWSC), an alternative energy company developing renewable energy solutions, announced that it has submitted preliminary plans to the Salt River Project Agricultural Improvement and Power District (SRP) to develop a solar farm near the Phoenix-Mesa Gateway Airport in Mesa, Arizona. An agreement with SRP would be a breakthrough for GWS, establishing them as a solar player with SRP which provides electricity to nearly 930,000 retail customers in the Phoenix area. SRP operates or participates in 11 major power plants and numerous other generating stations, including thermal, nuclear, natural gas and hydroelectric sources.
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. Integrity Media Inc. (IMI) provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI is the beneficial owner of 30,000 restricted shares of GWSC provided by Emerging Markets Consulting LLC, an investor relations consultant to GWSC, for this report and other advertising services. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.