Electrical Generation Stock Alert: Powerdyne International (PWDY) Initiates Preliminary Talks With Silver City Aluminium to Develop Formal Working Relationship
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WARWICK, RI - October 29, 2013 (www.investorideas.com newswire) Powerdyne International, Inc. (PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced its President and CEO, Dale Euga, is engaged in preliminary talks with Silver City Aluminum Corporation President, Ronald Xavier to develop a comprehensive memorandum of understanding that outlines and identifies the primary power requirements of the company. These meetings will provide the details and requirements of both parties and identify how the electrical power will be generated by PDI and delivered to the client, Silver City Aluminum Company.
Silver City Aluminum Corporation has a long tradition as a leader in extrusion technology, fabrication and finishing of aluminum. Silver City takes its name from the Taunton, Massachusetts area made famous for industrial craftsmanship and the production of intricate silver-plated flatware dating as far back as the 1800s. The facility Silver City utilizes has been producing aluminum products since 1952.
About Powerdyne International, Inc.:
Originally started in 2006, Powerdyne International, Inc. (www.PowerdyneInternational.com) is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
The PDIGenset is a self contained generator using a modified radial air cooled aircraft engine to drive a 1-megawatt (MW) generator. The PDIGenset, runs on natural gas, propane or almost any gaseous fuel. It is compact, lightweight, clean burning, produces low emissions and is extremely energy-efficient.
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, the genset is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its costs of generating electricity over its customer's current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Powerdyne International, Inc.
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