City Windmills Ltd.
City Windmills Ltd. initiates partnership with major transportation company
City Windmills Ltd. / Key word(s): Agreement City Windmills Ltd. initiates partnership with major transportation company Esher, U.K., June 13th, 2012 – City Windmills, Ltd. (Frankfurt symbol: CYW – www.citywindmills.com) is pleased to announce it initiated a partnership with a major multinational transportation company. City Windmills has recently initiated a partnership with a large multinational transportation company. Sean Kelly, CFO of City Windmills, has said: 'This first major partnership brings our company to new levels of value'. 'Besides this first partnership we have now initiated, several other corporations have shown interest in advertising on or owning Windvertisers. Our market research is being pursued and more and more positive elements are emerging from it, which is very encouraging for the future', he added. To mark the launch of the partnership, the partner, which does not yet wish to be named, sees many merits at being present on the Windvertiser and sees merits in the green image that this partnership can represent for their company worldwide. As City Windmills makes its first steps into commercial markets, it is gauging the reaction of its prospects to the Windvertiser at this pre-market stage. These steps return very favorable market perspectives and confirm the uniqueness of the City Windmills value proposition of green energy and advertisement. City Windmills Ltd. has recently been in contact with several other multinational companies to further develop its prospects base. These first steps, carried out between March and April 2012, were to understand the corporate customer's motivations surrounding the Windvertiser and their willingness to advertise, but also to adjust the windmill system to the customer's needs. The outcomes of this early market research is to understand the challenges these corporate customers are facing in regards to brand management and recognition and the capabilities of brand enhancement brought by the Windvertiser. The 'Windvertiser' by City Windmills is a unique windmill system in development phase, which, such as solar panels shall produce energy for buildings, but also carry advertisement at the same time for increased revenue and visibility for its owner. The latest video of the system is available on www.citywindmills.com. This press release may contain 'forward-looking statements.' Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan. CONTACT:
Roland Bopp, CEO, +1 917 345 6365, roland.bopp@citywindmills.com End of Corporate News 13.06.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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