OWVI SIGNS EXCLUSIVE AGREEMENT W/CALDORIS
One World Ventures' Inter Solar Tech Signs Exclusive Distribution Agreement With Caldoris Europe Ltd.
LAS VEGAS, NV -- (Marketwire)
05/24/10
One World Ventures, Inc. (PINKSHEETS: OWVI) announced its subsidiary Inter Solar Tech has been selected as the exclusive supplier of solar products to Caldoris Europe Ltd. (Caldoris) and expects revenues of $2 million during the first year of the agreement.
Caldoris is a European renewable energy products expert with an aggressive distribution, marketing, venture capital, and now, a global sourcing plan focusing on serving local wholesalers, retail chains and installation companies as well as large scale business clients. Caldoris conducts business in high growth countries of Eastern Europe (Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria) where significant growth in renewables is expected due to E.U. regulatory standards. In Western Europe, Caldoris seeks to leverage the trend towards replacement of local production with Asia based imports and will focus its development in Western Europe on four priority markets: Spain, Italy, France and Germany.
"There's a great deal of emphasis on green products in the E. U.," Steve Prior, CEO of One World Ventures explained. "This agreement with Caldoris has been six months in the making and will open up new markets for our products and increase our distribution chain in this growing and vital market."
About One World Ventures, Inc.:
One World Ventures, Inc. is a company with management resourced in Asia, Mexico and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages. One World Ventures businesses include the financial services 1World Card and 1 World Cash, the alternative energy Inter Solar Tech, (HK), Ltd. and the manufacturing and trading business Tutamen (HK), Ltd.
About Inter Solar Tech:
Inter Solar Tech, Ltd. engages in the sale and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes. Inter Solar Tech, Ltd. currently sells its products to a network of distributors and resellers in the People's Republic of China and the European Union with a plan in place for expansion of its sales and distribution network throughout the rest of the world.
About CALDORIS, Ltd.:
www.caldoris.com
