New York, NY (1888PressRelease)
September 12, 2009 - Stoney Creek Ontario , Canada - Systech Systems Intl, Inc. (Pink Sheets SSYT News), a U.S.-based Business incubator and marketer of distinctive business brands and product.., COO, Mr. Barrington Simon, announced today that the company has entered into a Letter of Intent (LOI) with Capline Systems, To acquire a eighty-percent (80%) interest, contingent upon meeting performance requirement. Under the terms of the agreement, Systech Systems is expected to acquire exclusive marketing and distribution rights, including import/export rights, joint ownership of all trademarks, patents and patents pending, future products and share in profits of the operation of Capline Systems. In the United States and the world wide, under this agreement Capline Systems will merge into Systech Systems clean energy subsidiary Windsun Technologies.
Capline Systems has developed a modern version of an ancient mechanism used to pump water over 3000 years ago that can be installed in many residential areas as well as on the roofs of stores and small plants to provide electric power. The advantage of our vertical axis windmills is that they can be used to economic advantage atlow wind velocities and at almost ground level. They can be installed on top of sheds, in back yards, on garages, or on flat top buildings similar to air conditioners.
Capline Systems has designed several models of machines ranging from a monthly output average of 1000 kilowatt hours at average wind speed of eight miles per hour on our TVA-6 to 4000 kilowatt hours at average wind speed of eight miles per hour for our TVA-10. (Average monthly power usage is in range of 600 to 650 KWH per month.) Peak power output at 15 miles per hour wind speed as much as 7 kilowatts per hour on the TVA-6*, to 28 kilowatts per hour on our TVA-10 at same wind speed. *(TVA-6B available with high power output that will produce 7000 watts of power at wind speeds of 13 MPH or more.)
Windsun Technologies plans to expand its distribution channels into global markets through various establishments, continually seeks to capitalize on its new marketing infrastructure by developing new lines of products that it can sell to its developing customer base. The Company will continually reinvesting into its business by increasing operating capacity through the partnering and adding additional inventories. This agreement is a major step forward in our strategy to expand our premium subsidiary product lines and to began to show our points-of-presence in the high-margin, global institutional, business and residential market of wind energy manufacturing and sales,” said Systech Systems, (COO) Barrington Simon “Our recent announcement to enter the marketplace is underpinned by a strong demand for high quality wind turbine manufacturing and sales business are at an all time high, particularly within the north Americas and Asian communities. We have a significant line of innovative and premium wind turbine products that we believe will be very well received. These agreements are putting us on track to accelerate our revenues and profitability, and create a platform for global market reach, by 2010,
About Systech Systems Intl, Inc.
Founded in 2002, Systech Systems Intl Inc .is a U.S. and Canada - base Business incubator and marketer of distinctive business brands and products engages in the development of its acquired subsidiary. Systech Systems International is making strides that no other company has yet to match. It is vital that both future and current investors alike are not swayed to believe that a new company equates to small business. The enterprises of Systech Systems International are anything but small. In fact, the developments made by the subsidiary, Nano Systems International, has opened the doors to a world of revolutionary applications through the use of microscopic (nano) silver. This revolutionary movement in the field of technology and renewable energy has just begun, and visions once relegated to the genre of science fiction have found a place in reality.
About Capline Systems.
Founder Mr. George Creswell of Capline Systems.
Capline Systems is operated by George O. Creswell of Davison, Michigan. It was established in Washtenaw County in 1997 to develop business in robotic integration and special machine design and build. Creswell has been involved in robotics since 1965 initially with AMF as Manager of Sales and Service. In 1969 left AMF to establish robotics company designing and selling hydraulic robots and such tooling and peripheral equipment as applications required. Sold portions of company in 1972 to what is now Johnson Controls and in 1973 to Continental Can Company. At this time Creswell owned only about 25 per cent of company. In mid seventies economy went south and major principals decided to wash their interest by setting up separate company to take over assets and liabilities. From about 1976 to 1980 Creswell did consulting on electric power for small companies’ particularly recommending and providing power factor correction where necessary. This was first exposure to overall energy field. In 1983 set up new company to manufacture, sell and install robot equipment. Operated plants in Ypsilanti and Manistee.
All statements in this press release that are not historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may be identified by words such as "believe," "intend," "expect," "may," "could," "would," "will," "should," "plan," "project," "contemplate," "anticipate," or similar statements. Because these statements reflect Systech Systems current views concerning future events, these forward-looking statements are subject to risks and uncertainties. Systech Systems actual results could differ materially from those anticipated in these forward-looking statements as a result of many factors, including, but not limited to, demand for its products and services, its ability to compete effectively, its ability to increase revenue from its products and services. Access Beverage undertakes no obligation to update publicly any forward-looking statements contained in this press release.
Contact: Investment/Media Relations
Preston Williams/517-882-1441
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