Mass Megawatts Wind Power Inc (MMMW)

[TPX]

MMMW NEWS OUT! Mass Megawatts Wind Power, Inc. Launches Sales Effort for Projects with its Low-Cost, Solar Tracking System

Feb 19, 2015 (ACCESSWIRE via COMTEX) -- WORCESTER, MA / ACCESSWIRE / February 19, 2015 / Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) announces the launch of a sales program with company financing available for potential customers in states with the best government incentives. In qualified projects, the company will be able to deliver their innovative 'Solar-Power Tracking System' (STS), with a low initial upfront, out-of-pocket costs incurred by the customer after the purchaser utilizing the 30% federal tax credit and other incentives. This type of arrangement gives most home and business owners the financial means to quickly acquire an STS and realize immediate savings on their energy bill. In many locations, this improved output translates into a 30% or 40% rate of return for the customer with investment payback occurring in the 4th year.
The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system designed to automatically adjust the position of its solar panels throughout the day to receive an optimal level of direct sunlight. Unlike other solar tracking technologies, the Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while improving energy production levels by 25+%.

In other news, the company is developing the manufacturing processes to support large-scale production of the company's Solar Tracking System (STS). Working with senior members of the alternative energy and manufacturing community, these new processes will reduce costs, streamline assembly, and improve quality control efforts.

Mass Megawatts reports strong demand, both domestically and abroad, from residential and business, energy-consumers. To accelerate market penetration, the company plans to leverage recently developed, strategic-partnerships with established solar-power companies in the Northeastern United States.

With its patent pending, Solar Tracking System and very little debt, Mass Megawatts believes it is well positioned to ramp-up production in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.

This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power.

As part of the aggressive sales campaign, potential customers can reach Jon Ricker, the company's Chief Executive Officer at [phone].

Product information and sales inquiries can also be made through the company's contact page at www.massmegawatts.com.

Contact Information:

Mass Megawatts Wind Power, Inc.

[e-mail]

www.massmegawatts.com

SOURCE: Mass Megawatts Wind Power, Inc.

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