HOUSTON - (Business Wire) National Wind Solutions, Inc. (Pink Sheets: NWND) announced today that it has signed a letter of intent with DC BioDiesel, LLC to explore collaborative opportunities for BioDiesel production and distribution in the DC Metro area. Maurice Stone, President of NWND, was introduced to DC BioDiesel through his Chairmanship of the Energy Committee for the National Black Chamber of Commerce. While BioDiesel can be produced from a number of different plant based oils such as algae, jatropha, palm oil or soybean oil, DC BioDiesel intends to utilize waste cooking oil as the core feedstock to produce its transportation fuels. Extensive research at universities around the world has advanced the ability to use common non-food sources such as algae to produce BioDiesel.
“This collaborative effort will allow both National Wind Solutions and DC BioDiesel to openly share information and resources with each other in order to pursue opportunities to build, purchase, and/or create biodiesel plants in multiple locations,” said Stone. “The backgrounds and experience of the DC BioDiesel management team will be a great asset to us as we seek to develop our solutions in this alternative energy marketplace.”
Exxon (NYSE: XOM) recently announced a $600 million algae-based BioFuels development program. Nova NiSource Fuels, (TOR: NBF) and Clean Energy Fuels (NASDAQ: CLNE) are competitors working to bring alternative green fuels to the American market.
About DC BioDiesel
DC BioDiesel, based in Washington, D.C., is a globally oriented company focused on the conversion of waste products, principally greases and rendered animal by-products, into BioDiesel products for transportation, home heating, industrial, and power generation applications. The Company has created a business model that addresses the inherent limitations of most U.S. based BioDiesel facilities by locating the operation in urban population centers, engineering dramatically increased flexibility in feedstock sourcing, creating barriers to entry through strategic relationships with municipal governments, and strategic partnerships with regional based feedstock suppliers. The business model is easily replicated in any urban population centers in the U.S., Europe, Asia and South America.
About National Wind Solutions, Inc.
National Wind Solutions is based in Houston, Texas. It is developing clean energy technologies and solutions. It is focused on delivering alternative energy solutions nationwide in partnership with investors and entrepreneurs who see the vision for an energy self-sufficient America. Alternative energy is rapidly becoming a significant source of electricity in America and NWND expects to see its growth increase as people realize the efficiency of these green energy sources. National Wind Solutions’ common stock is traded under the symbol NWND.
For more information, visit www.nationalwindsolutions.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
National Wind Solutions, Inc.
Kathleen Delaney, 832-778-4450
