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Building Turbines Completes Fourth LED Lighting Installation, out of a Potential 450+ Locations for Houston, Texas-Based Fine Dining, Hospitality, Entertainment and Gaming Chain
AUSTIN, TX, Sep 18, 2013 (Marketwired via COMTEX) -- Building Turbines, Inc. (PINKSHEETS: BLDW), through Green City Planet, a fully owned subsidiary of Building Turbines, Inc., is pleased to announce the completion their fourth major LED Lighting installation for one of America's largest and recognizable dining, entertainment, gaming and hospitality companies; featuring more than 450 multiple-concept properties, including more than 40 unique brands. This particular project represents substantial new revenues for Building Turbines, although particular details of the project remain confidential; "We reasonably expect that our deliveries to this customer will be very significant to our results this year, and that we are in prime position to contract for this customer's other locations," said John Graham Sr, Building Turbines' CEO. While the company is expectant that this figure is potentially quite significant, management could not elaborate further, at the client's temporary request. "We have made significant installations and inroads with this relationship, have booked meaningful revenue, and we believe we have a significant advantage in contracting to serve their other locations. They are a very large and well-known company, and we are very proud to be doing business with them." The company believes it is positioned to be the Preferred Vendor for all of this customer's 450+ remaining locations as well, and it estimates the potential of servicing these locations at $5-8 million.
Mr. Graham stated, "I feel that our business relationship with such a fantastic company is a direct result of similar company values. We both have a desire for a greener planet, an unwavering commitment to customer service and satisfaction, and unstoppable momentum, which has helped us rise through the ranks of our competitors."
About GREEN CITY PLANET: www.greencityplanet.com Green City Planet is the premier provider of LED lighting, Solar and environmentally sound industrial solutions, and is a wholly owned subsidiary of Building Turbines Inc.
About BUILDING TURBINES, Inc.: www.buildingturbines.com Based in Austin, Texas, Building Turbines, Inc. is focused on the design and manufacture of patented rooftop wind turbines; as well as vertically integrating into other renewable energy solutions to complete a total Green Energy Solution for any urban environment.
For more information: Website: www.buildingturbines.com E-mail: investor@buildingturbines.com
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.
Contact Information:
Investor Relations:
Dave Zembek
615 426-2565
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