New Patent Extends WindStream’s Intellectual Property Protection
NORTH VERNON, IN — (Marketwired) — 08/19/14 — WindStream Technologies, Inc. (OTCQB: WSTI) announced today that the United States Patent and Trademark Office has granted the Company additional claims for its core technology with a patent to issue on September 2, 2014 titled “Modular Alternative Energy Unit” with the patent number 8,823,194. This new patent further strengthens WindStream’s position as the leader in the small-scale renewable energy field with its scalable, modular SolarMill® technology.
Coupled with its existing patent portfolio, WindStream now has an even greater advantage in the marketplace for manufacturing and selling its products around the world. The SolarMill® has been designed by WindStream engineers from the ground up, with the concept of taking advantage of modularity and manufacturability, resulting in cost savings to the customer, as now clearly defined in its patents. “We are all very proud of the hard work and innovation that has gone into the design and manufacturing of the SolarMill®, and this new patent further validates our effort,” said Dan Bates, President and CEO. “Having our first-to-market leadership position, as well as this significant addition to the scope of our Intellectual Property rights, helps solidify WindStream’s future success.”
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 modular hybrid energy solution is a very efficient way of providing power and improving the quality of life for millions of people living beyond the grid.
WindStream recently announced its Malaysian distributor will deliver the Company’s 2kW SolarMill®, SM2-4P unit to 800 eco-homes, at full completion of this first SolarMill® project in the country. This announcement 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 the 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, which are controlled by the Company’s proprietary “smart” electronics. SolarMill® devices are easily assembled and installed and are scalable, allowing customers to grow their installation to meet their energy demands. SolarMill® products are “Made In The U.S.A.,” and are being sold to customers all over the world. Technical information on the SolarMill® is available by visiting https://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 solution 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: https://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.