SmallCapNewsRelease:(OTCBB: XPWR) Makes a $3 Million Sale
JERICHO, NY—(SmallCapNewsRelease)—August 11th, 2011 XZERES Corp., (OTCBB: XPWR) announced yesterday that they have received an initial letter of intent from a Vietnamese customer for $3.2 million in wind turbines to electrify remote islands.
Vietnam has over 3,000 islands that are currently in need of power, and the Company believes this sale is just the beginning of a much larger relationship. XZERES believes this initial sale will lead to the company’s rapid growth through other Asian countries like the Philippines and Japan.
XZERES believe that they will ship 100 of their Off Grid, Battery Charging Marine turbine both 10kilowatt and 2.5 kW turbines over the next 17 months.
To view the entire press release, please visit http://finance.yahoo.com/news/XZERES-Receives-Letter-of-prnews-678217385.html?x=0&.v=1
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