NEWS RELEASE TRANSMITTED BY Marketwired FOR: WindStream Technologies, Inc. OTCQB SYMBOL: WSTI AUGUST 4, 2014 Malaysia Eco-Housing Project to Include Hybrid Solar Wind System WindStream Technologies SolarMill(R) Hybrid Wind and Solar Energy System to Power 800 Homes in Sungai Ular, Cherating Pahang, Malaysia NORTH VERNON, IN --(Marketwired - August 04, 2014) - WindStream Technologies, Inc. (OTCQB: WSTI) announced today a contract was awarded through its Malaysian distributor, My WindStream Energy of Kuala Lumpur, to deliver the company's patented SolarMill hybrid solar and wind system technology for a new eco-housing project in Sungai Ular, Cherating Pahang, Malaysia. Phase I of the contract calls for 50 SM2-4P SolarMill units to be delivered in the next 90 days. Subsequent phases of the project are being scheduled to complete the deployment throughout the 800 home housing complex. Once completed, the eco-housing project in Sungai Ular, Cherating Pahang, Malaysia, will be the largest deployment of WindStream's hybrid solar and wind energy technology in the world. The completed installation's power generation potential equals greater than 1.6MW's of power annually. Power generated from the SM2-4P SolarMills will be used onsite and tied to the grid, reducing the demand for grid-supplied energy while lowering electricity cost for homeowners. "Sungai Ular sits on the Malaysian coastline facing the South China Sea, a perfect place to utilize renewable energy solutions like the SolarMill, where it is windy and sunny 360 days a year," said Mr. Sam Gopal, Managing Director, My WindStream Energy. Mr. Kumar Tangirala, President of WindStream South Asia, spearheaded the project for the Company noting, "As we began discussion with My WindStream about technology opportunities in Malaysia, it became clear that the countries 'eco' efforts would lead to large-volume sales of SolarMill products. This is just the first of many projects that My WindStream has identified and is actively pursuing." WindStream and its distributor will deliver the Company's 2kW SolarMill, SM2-4P unit to the project with equipment costs being offset through Malaysia's Feed-in Tariff of 1RM/kWh or $0.31USD. In many parts of the world, distributed energy technologies are the only way for people living beyond the grid to have cost-effective access to electricity. WindStream's hybrid energy solution SolarMill is a very efficient way of providing power and improving the quality of life for millions of people living beyond the grid. The Sungai Ular announcement by WindStream comes on the heels of last month's unveiling of the world's largest hybrid solar and wind rooftop system installation in Kingston, Jamaica supplying 106,000 kWh annually to the law firm of Myers, Fletcher, and Gordon. View their installation video now: https://www.youtube.com/watch?v=Fo8zQSa93LU About SolarMill WindStream's patented SolarMill products consist of Vertical Axis Turbines and Solar Panels controlled by the Company's proprietary "smart" electronics. SolarMills are easily assembled and installed and are scalable, allowing customers to grow their installation to meet their energy demands. SolarMills are "Made In The U.S.A." and are being sold to customers all over the world. Technical information on SolarMills is available by visiting http://www.windstream-inc.com/products/solarmill. About WindStream Technologies: Founded in 2008, WindStream Technologies, (OTCQB: WSTI), is headquartered in North Vernon, Indiana. WindStream Technologies was established to create a global low-cost hybrid, renewable energy solutions for urban, suburban, and on and off-grid environments. Made in the USA, its patented SolarMill hybrid wind and solar system technology is a distributed energy solution, which produces continuous renewable energy for customers 24/7/365. Learn more by visiting: http://www.windstream-inc.com. Forward-Looking Statements Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, such as business and political conditions in the geographic areas in which we sell our products; weather and natural disasters; changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which we are engaged. The information set forth herein should be read in light of such risks. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Media Contact: Caitlin Ertel email@example.com Investor Contact: Investor Relations Department firstname.lastname@example.org INDUSTRY: Energy and Utilities - Alternative Energy, Real Estate and Construction - Construction, Real Estate and Construction - Commercial Real Estate, Real Estate and Construction - Residential Real Estate, Government - International SUBJECT: SCN
Malaysia Eco-Housing Project to Include Hybrid Solar Wind System
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