I agree... $BLDW has great news today. I believe it will keep them on the cutting edge of the the wind powered energy industry.
AUSTIN, TX--(Marketwire -04/24/12)- Building Turbines, Inc. (BLDW.PK - News)
Two separate teams of four Senior Engineering Students at UT Austin are collaborating with the Austin Green Energy Group on two different R&D Projects for Building Turbines, Inc. The first team is continuing the turbine evaluation and data acquisition project started last fall by AGEG and UT, along with making recommendations for improved design efficiencies and energy output optimizations. The second team will generate a critique of wind turbine mechanics and evaluate the viability of creating an Omni Directional Turbines made from BT's patented sail material design as well as the Structural Analysis and further enhancements to existing wind turbines.
Building Turbines, Inc. (BLDW.PK - News), a designer and manufacturer of commercial rooftop wind turbine systems and other renewable energy technologies, announced today it that The University of Texas at Austin Mechanical Engineering Design Project (MEDP) program has completed the presentation portion of their semester long projects.
The MEDP program, which embraces a public-private partnership between the university and commercial enterprise, provides mechanical engineering students with hands-on, practical applications experience while the sponsoring company enjoys the benefit of having a team of engineering seniors evaluating every aspect of the company's product design, components, specifications, operability, cost structure and overall commercial potential.
John Graham, CEO of Building Turbines, states, "The Austin Green Energy Group (AGEG) is providing technical oversight on the MEDP programs serving as student mentors and providing additional R&D engineering expertise. As a local non-profit, AGEG's mission includes promoting education and solutions for efficient energy utilization. This is our third project with AGEG and UT, we realize we will constantly be redefining our products to increase efficiency and reduce costs. We continue to strive towards our goal of providing the complete green energy solution for rooftops."
"We're delighted to partner with The University of Texas on these projects for BT," said Bernie Johnson, President of the AGEG. "We continue to welcome student recommendations for improving the design and mechanical integrity of Building Turbines rooftop wind turbines, which ultimately will improve their efficiency and make their systems more attractive from a return on investment perspective. Chris Stanford, AGEG's CTO, Derek Bridges, an AGEG electrical engineer, and other AGEG members are continuing refining the data acquisition as well as work on other R&D Projects for BT."
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable energy company focused primarily on designing, manufacturing and deploying revolutionary rooftop mounted wind turbines and other renewable energy technologies for use in an urban environment. For more information visit their website at www.buildingturbines.com, or email them at investor@buildingturbines.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
..Contact:.
.For more information, please contact:
John F. Graham
CEO
512-206-4205
