Renewable Energy Stock Alter: Powerdyne International, Inc. (OTCBB:PWDY) Appoints Manufacturing Veteran of 35 Years as Its New Operations Manager
With Appointment of James O'Rourke Company Continues to Strengthen Its Executive Management Team
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WARWICK, RI - September 25, 2013 (Investorideas.com renewable energy stocks newswire) Powerdyne International, Inc. (OTCBB:PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced the appointment of James O'Rourke as its new Operations Manager. O'Rourke brings more than thirty-five years of manufacturing experience from conception to production to the rapidly growing development stage electrical generator manufacturer. He will take over the helm of Operations Manager effective immediately.
Company President Dale Euga said, "O'Rourke's extensive experience in managing the manufacturing and operational side of development stage companies, as well as his understanding of acquisitions and mergers, will be an essential component to Powerdyne's success."
Euga also said that Mr. O'Rourke will be instrumental in planning the design of the manufacturing facility, the set up assembly line, the marshaling of the component systems, and oversight of the integration of computer sensor programs in all aspects of Powerdyne International's design and operational systems.
About Powerdyne International, Inc.:
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, it can be used for emergency back-up power generation and 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 cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
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.
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