Solarbrook Water and Power Corp. (fka SLRW)

[BollocksbeeBob]

Solarbrook Water & Power Provides a Progress Update on Several Current Developments
Date : 11/05/2010 @ 7:00AM
Source : MarketWire
Stock : Solarbrook Water and Power Corporation (SLRW)
Quote : 0.0018 0.0003 (20.00%) @ 4:07PM


Solarbrook Water & Power Provides a Progress Update on Several Current Developments
Solarbrook Water and Power Corp (OTC) (USOTC:SLRW)
Historical Stock Chart
1 Month : October 2010 to November 2010

Solarbrook Water and Power Corporation (PINKSHEETS: SLRW) is pleased to provide an update on several key developments currently in progress.

The company has completed its financials for fiscal year end 2009 and the first quarter of 2010. The financials have been submitted to Solarbrook's legal counsel as part of its review process and will be published on www.pinksheets.com shortly. Upon submission, Solarbrook will be current in its financial filings. George Moore, CEO of Solarbrook Water and Power Corporation, commented, "Being current in our filings is of utmost importance to our company. We are committed to full disclosure and transparency for our shareholders and prospective investors. Having the confidence of our valued shareholders is a top priority for our company and we expect to maintain our current status and continue to move up rapidly through the OTC Market tiers."

Solarbrook Water & Power updated the status of its current joint venture with industry leader, Matheson Tri-Gas. The companies are currently working together on two large industrial proposals. One of them is in Texas and the other is located in North Carolina. Solarbrook expects to have its first Matheson contract by the end of the month. "Our business relationship with Matheson is moving along as well as we anticipated it would," stated George Moore. "We are excited over the opportunity to work together with a company of Matheson Tri-Gas' stature. In just a short period of time we have seen positive results from this relationship and I am sure that this will prove to be mutually beneficial for years to come."
The company also announced that it has completed the upgrade installation on one system in Wake County, NC, and is currently working on the installation of a second system in Wake County. The second system should be completed within the next two weeks.

The final design for Solarbrook Water & Power's pitcher and filter system has received final approval and is scheduled to go to market in China this quarter. Solarbrook is also involved in discussions with the NSF to have the system tested and approved for sale in the U.S. markets.

Mr. Moore commented further, "Our company has achieved important milestones on several fronts this year and has experienced significant growth. We expect to carry our current momentum into 2011 and we will continue to report our progress as developments unfold."

About Solarbrook Water and Power Corporation

Solarbrook Water and Power Corporation, headquartered in Raleigh, North Carolina, maintains a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of Solarbrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. Solarbrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential. For more information, please visit www.solarbrookwaterandpower.com

Forward-Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact:

George Moore

Solarbrook Water & Power Corporation

Investor Relations

Ph: 202-241-0011

[e-mail]