ST. LOUIS, July 22, 2011 (GLOBE NEWSWIRE) -- Murphy Analytics has initiated coverage on Sky Power Solutions, Inc. (OTCBB:SPOW). The Initiation Report contains a detailed discussion of the Company's business segments, market opportunity and dynamics, industry competitors, macroeconomic data and indicators, financial results and risks.
The Initiation Report is available at http://www.murphyanalytics.com/uploads/SPOW_Initiation.pdf.
Analyst Patrick J. Murphy, CFA notes in the report: "SPOW is targeting opportunity in two markets with the potential for significant growth. The reality of a finite quantity of fossil fuels coupled with massive additions to the global vehicle fleet driven by the developing countries is leading to a search for economical fuel alternatives. Similarly, the demands made of the U.S. power grid at peak load forces utilities to price electricity at rates that compensate them for power generation capacity that sits unused much of the time. As the demand for electricity continues to grow in the U.S., prices are likely to rise and utilities will be forced to build new generation unless alternative solutions are adopted, including by residential consumers who are discovering alternatives to buying power only from the incumbents. Increasingly, consumers are looking to distributed generation as an alternative / complement to traditional electricity purchase. Working in concert with these macroeconomic trends, SPOW is in the process of positioning the Company to provide the technologies that meet the corresponding consumer needs and demands."
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks. Murphy Analytics LLC is owned by Patrick J. Murphy, who has over 15 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Disclosure: Murphy Analytics was paid $8,000 by Quality Stocks in advance of the publication of this report. Neither Murphy Analytics nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.