City Windmills Ltd.
City Windmills Ltd. opens door to 80’000’000 euros sales opportunity in a first business agreement
City Windmills Ltd. / Key word(s): Miscellaneous City Windmills Ltd. opens door to 80’000’000 euros sales opportunity in a first business agreement MANCHESTER, U.K., Aug 23th, 2011 – City Windmills, Ltd. (Frankfurt symbol: CYW – www.citywindmills.com), announces that it has signed a significant long–term non-exclusive business agreement with a major governmental organization, which opens the door to 10’000 windmills to be manufactured and delivered. Sean Kelly, CFO and founder of City Windmills Ltd. said, ‘Government organizations are starting to well understand the need for new clean energy for their own consumption, rendering them independent from oil. This first agreement opens the door to potential sales of 80’000’000 euros over the next 18 months.’ The agreement signed by City Windmills calls for 10’000 of City Windmills XLTs to be delivered and installed to governmental customers on several continents. City Windmills Ltd. is a windmill company seeking to transform the dominant paradigm of energy production and consumption around the globe, by integrating the three notions of powerful energy production from wind, proximity to the end user and advertisement of brands and products. 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: End of Corporate News 25.08.2011 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 |
136892 25.08.2011 |