Vaenza Creates a Summer Breeze With Pending Wind Tech Orders
04 August 2010 - 6:38PM
Sebastian River Holdings, Inc. (Pink Sheets:SBRH) CEO, Mr. Sang Gil
Oh, announces success in its wind power tech division as it has
identified potential customers which have expressed interest in
purchasing technology from Vaenza. "We are thrilled to see
interest like this only weeks after our official decision to move
forth in this realm. There were many months, if not years of
this division in our plans, but to have interest so positive in
this stage is certainly encouraging," states Oh.
Vaenza executives, as a result, have placed orders with a
manufacturer in Tennessee, USA for 3 fully operational units to be
used for demonstrations to customers that have shown pending
interest. "We have been witness to the technology already in
implementing into our own business model and feel this will be
impressive to our customers and overall beneficial for Vaenza and
SBRH shareholders, allowing for more active revenue sources for the
company as we develop original photovoltaic tech in-house and
implement our marketing and distribution on the air2water
technology in Southeast Asia," Oh said.
Vaenza should complete the acquisition of the units in the
coming days and will announce progress accordingly. As well,
"We feel this will lead to sales and stimulating interest from
additional customers," states Oh. "We expect, in line with their
enthusiasm and level of interest, to receive an expedited answer
from these potential customers toward our first sale in Vaenza's
wind power division and will report details therein once
transacted."
The company sets its sights on being a 'one-stop shop' for green
technology catering to retail, commercial, industrial and
governmental usage toward a cleaner environment and cost-effective
global economy. As well, Mr. Oh and Vaenza board have stated
as a response to investor inquiries that "there is no intent or
need to increase the outstanding share count for capitalization in
the near future. We have positioned ourselves well and will
carry on with said initiatives well prepared."
CONTACT: Sebastian River Holdings, Inc.
Investor Inquiries
+1 (310) 909-7988
IR@GerrardHollister.com
www.vaenza.com
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