AUSTIN, TX--(Marketwire - Jan 22, 2013) - Building Turbines, Inc. (
An LED lamp is a solid-state lamp that uses light-emitting diodes (LEDs) as the source of light. LED lamps are very durable, and offer an incredibly long service life. They are very energy efficient; providing up to a 60% reduction in power consumption, while providing the same amount of light, as measured in lumens. At present, fluorescent lighting is the primary lighting source for the majority of interior areas in facilities; such as, office buildings, schools, hospitals, stores, hotels, garages, warehouses and factories. An LED tube upgrade produces light more than twice as efficient as fluorescent tubes, are non-toxic, virtually unbreakable, and require no ballast maintenance and/or upgrade, resulting in instant electrical savings to the end user.
John Graham, CEO of Building Turbines, commented: "I am very excited about our new relationship with ATG-LED. ATG-LED is one of several companies that Paul Getty is bringing to Building Turbines that will offer a tremendous source of new revenues; as well as, introduce us to an entirely new customer base. The addition of ATG-LED products and services is a natural progression in the direction that we see BLDW heading: A Full-Service Green Energy Solution Provider for smart, self-sufficient, green facilities."
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable energy company focused primarily on designing, manufacturing and deploying patented revolutionary rooftop mounted, horizontal-axis wind turbines that can bring the dream of clean, affordable wind energy to a reality. The turbines are mounted on a strong steel frame, with a low rooftop signature, requiring minimal maintenance, and generating almost no noise or vibration.
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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.