FORT LAUDERDALE, Fla.,
Jan. 16, 2013 /PRNewswire/
-- BioPower (OTCQB: BOPO) announced today the launching of the
FTZ Energy Exchange. The FTZ Energy Exchange structures the
exchange of information and data for the purchase, sale and trading
of electricity, oil, gas, biofuels, alternative energy, energy
credits, parts, machinery and equipment. The exchange intends
to work with a Preferred Partner Network of vendors and
suppliers. Our business model revenues are based on
transaction fees for purchases and sales. The Exchange may
also earn revenues from transaction related finder's fees, referral
fees, advertising fees and premium corporate fees. Members also
have the opportunity to earn income from transaction related
finder's fees and referral fees.
During Phase I, the FTZ Energy Exchange will use traders to
coordinate and manage all transactions. In Phase II, FTZ
intends to launch an Internet exchange to facilitate all trading
and transactions.
Robert Kohn, CEO of BioPower
stated that "The FTZ Energy Exchange will allow preferred and
general trading partners to analyze and evaluate their business
operations, manage information across a competitive global supply
chain and effectively synchronize supply with demand, better
manage variability, reduce risk, control quality and become far
more responsive to their own as well as customer needs. We intend
to build a Preferred Partner Network with well established
utilities, oil companies, government agencies and vendor
suppliers. This will be the backbone of the Energy
Exchange."
For Further Information
Robert Kohn
BioPower Operations Corporation
954-202-6660
rkohn@biopowercorp.com
About FTZ Energy Exchange
The FTZ Energy Exchange structures the exchange of information
and data for the purchase, sale and trading of electricity, oil,
gas, biofuels, alternative energy, energy credits, energy projects,
parts, machinery and equipment. The exchange intends to work
with a Preferred Partner Network of vendors and suppliers.
Our business model revenues are based on transaction fees for
purchases and sales. The Exchange will also earn revenues
from transaction related finder's fees, referral fees, advertising
fees and premium corporate fees. Members will also have the
opportunity to earn income from finder's fees and referral
fees.
About BioPower Operations Corporation
BioPower Operations Corporation is a development stage,
reporting company, focused on growing biomass coupled with the
production and sale of biomass products and biobased
derivatives. We have previously announced a focus on
developing castor plantations and mills for the production of
bio-oils used in the manufacture of cosmetics, pharmaceuticals and
other products; Biomass is a broad term that encompasses all plant
material that can be used either as a source of energy or for its
chemical components when converted into bio-oils, biofuels, green
electrical power, animal feed and other valuable products.
We have recently announced that we have obtained a License for
the patented cellulosic sugar enzyme technology which takes wastes
from animals; agricultural and food processing plant residues,
water treatment biosolid waste and can convert them to products
such as cellulosic sugars, fertilizer, ethanol and other
products. BioPower intends to focus initially on
Municipalities who have a significant need to reduce their costs of
the handling of sewage by utilizing the Company's licensed
technology to reduce landfill costs by converting a portion of the
sewage into products that do not have to go to the landfill
but can be used for energy and fertilizer. The utilization of
biomass residues is of paramount importance to achieve
environmental sustainability by harnessing the potential of
renewable resources in the production of clean energy and value
added products. The Company will also target Fortune 500 companies
that seek cellulosic sugar solutions.
The company's website can be viewed
at www.biopowercorp.com
This release contains forward-looking statements, including,
without limitation, statements concerning our business and possible
or assumed future results of operations. Our actual results could
differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a
going concern, adverse economic changes affecting markets we serve;
competition in our markets and industry segments; our timing and
the profitability of entering new markets; greater than expected
costs, customer acceptance of our products or difficulties related
to our integration of the businesses we may acquire; and other
risks and uncertainties as may be detailed from time to time in our
public announcements and SEC filings. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, they relate only to events as of the date on which the
statements are made, and our future results, levels of activity,
performance or achievements may not meet these expectations. We do
not intend to update any of the forward-looking statements after
the date of this document to conform these statements to actual
results or to changes in our expectations, except as required by
law. There is no assurance that a definitive agreement will be
completed.
SOURCE BioPower