Liberated Energy, Inc. (OTCQB: LIBE), a developer of alternative energy products and technologies, today, announced the company has entered into agreements for sales of its patent-pending Ridgeline Roof Wind Turbine.
"We are pleased to have sold our first wind turbines," says Frank Pringle, Chief Executive Officer of Liberated Energy, Inc. "The Purchase Orders represent a significant step towards the full commercialization of LIBE's first, of what we hope will be many, patent-pending alternative energy technologies."
The units will be based on the design for LIBE's existing prototype which can be viewed on the company's website located at www.liberatedenergyinc.com
Mr. Pringle continued, "One of the units was purchased as a result of Hurricane Sandy that hit the east coast in 2012. The customer buying the unit was affected by Sandy but not in the form of a direct hit. They live further south in the Atlantic City area and have a home that is high enough above sea level to have a basement. Their island was evacuated and they could not return for two weeks. During this period without power, they received extensive mold, rot, and water damage as a result of unpowered sump pumps. Had the Wind Turbine been available prior to the storm, they could have produced enough electricity to possibly avoid over $30,000 in damages with the ability to run essential equipment such as their air conditioning, refrigeration and sump pump."
"Also, even an unoccupied vacation home using our wind turbine can generate power to the grid, thereby saving the customer money all year long," concluded Pringle.
About Liberated Energy:
Liberated Energy, Inc. (OTCQB: LIBE) initial objective is to make small wind and solar turbine technology a significant contributor to the global clean energy supply portfolio by providing consumers with an affordable renewable energy option for their homes and businesses.
This news release contains forward-looking statements regarding Liberated Energy, Inc.'s business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward-looking statements contained in this news release speak only as of the date hereof and Liberated Energy disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Liberated Energy's expectations or future events.
Frank Pringle, President and CEO
SOURCE: Liberated Energy, Inc.