CAMARILLO, CA--(Marketwire - Dec 20, 2012) - Sauer Energy Inc. ("SEI") (
In February 2012, SEI walked away from a potential acquisition with City Windmills, Inc. It was not in the best interests of SEI and its shareholders to move forward with the acquisition.
In February 2012, SEI received the coveted and prestigious "Project of the Year" award from the Institute of Electrical and Electronics Engineers (IEEE), a worldwide organization that is over 400,000 members strong.
In May 2012, SEI completed its asset purchase of Helix Wind Inc., a former manufacturer of vertical axis wind turbines. SEI acquired all of Helix's intellectual property, patents, both domestic and international, tooling, engineering, inventory and equipment. Helix had worldwide sales and installations that were very successful and SEI will be able to expand upon this base. There was no liability incurred with this purchase and it was made exclusively with SENY shares.
In June 2012, ENRCOM received the WindCharger™ for its communication tower pilot program in Mexico. Installation is now complete after a change in test site location and securing further permits. Test data is now being collected and analyzed.
Atop the twenty-first story of ENRCOM's corporate office building in Guadalajara, Mexico, sits the WindCharger™ on its cell phone tower. We look forward to the release of optimistic data in January 2013.
In September 2012, SEI consolidated all its locations to one building in Camarillo, CA. The new Camarillo Headquarters serves as a manufacturing/distribution center for both the SEI WindCharger™ and HELIX WIND® turbines, with the HELIX WIND® turbine blades to be manufactured in-house and made in America. HELIX WIND® vertical axis wind turbines were previously manufactured in China. All SEI brand vertical axis wind turbines are to be made in America.
In October 2012, a pair of WindChargers™ made their debut atop the new Headquarters, along with one Helix turbine. Testing has begun on performance, blades, mounts and durability.
Within the last 60 days, SEI added the highly specialized NUWA Group, LLC, of San Francisco, to the team to spearhead its Public Relations and Investor Relations activities. They are poised to assist SEI in its efforts to promote and deploy the marketing campaigns as well as rendering support to SEI's shareholder base.
Prioritizing the funding structure was of utmost importance. European American Equities joined the SEI financing team and has secured funding as a means to bring products to market in the very near future. They plan to consistently market our interests and assist us in procuring the most beneficial investments available as we continue to expand and implement our business model for future fundings. Eclipse Advisors has arranged a $15M equity line of funding.
Favorable funding terms secured are extremely hard to find for a company in pre-expansion phase of its business given the current attitudes toward investments and the overall economic climate. SEI came against considerable financial headwinds throughout the year and was able to adjust and adapt into a position for present and future growth.
SEI plans to expand its executive management team to effectively spearhead sales, marketing and production phases of business. More goals and milestones are set.
SEI has plans to partner with education administrators to help create training programs for jobs that do not yet exist and inspiration for products that are not yet invented. They agree that future innovators will play a key role globally.
Worldwide intellectual property patents for both WindCharger™ and Helix are in all different stages and SEI continues to expand the security of the barrier.
SEI is committed to leading the marketplace in addressing customers' demands. The success will be in leveraging a multi-platform to market products. SEI's operation and focus on innovation continues to drive the company's momentum toward production and manufacturing.
With the ability to offer the WindCharger™ and the Helix brand wind turbines as options to consumers, SEI is capable of customizing mounting systems that can adapt to varied applications.
The core objective and focus is to become a leading provider of clean efficient green energy to world communities. SEI offers turbines at a favorable cost, while producing innovative technological solutions for energy needs, without the destructive residuals of fossil fuels.
"At this year-end, there are revenues on the horizon and the SEI team is making considerable progress. We have other plans and projects under development that we will be able to share with you as we progress and evolve. The upcoming year will be very exciting," commented Dieter Sauer, CEO and President of Sauer Energy Inc.
About Sauer Energy Inc.®
Sauer Energy Inc.® is a technology developer and manufacturer focused on the emerging renewable energy market. We believe that because it requires few parts, SEI's technology, which provides a new direction for wind capture, will easily scale from residential to small community and up to large industrial scale. The market opportunity for a new, innovative technology is unlimited. SEI has created the WindCharger™ brand model to provide a better solution for the use of wind capture for residential or small building use.
The WindCharger™ is one of Sauer Energy's key innovation priorities. With several patents in place and many more pending, SEI is engaged in manufacturing and commercialization now, and plans to see a financial return on its investments. To learn more about Sauer Energy and see images of this revolutionary wind turbine system, please visit:
Due to the acquisition of the assets of Helix Wind, SEI plans to be able to offer the Helix vertical axis wind turbine systems in the near future. They are specifically designed to be pole mounted and can respond to the demand for applications that do not require roof mounting. To learn more about Helix turbines and see images, please visit:
Sauer Energy... the future of energy!®
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.
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