New Collaboration Offers Global Opportunities for Both Companies
WARWICK, RI, May 15, 2014 (Marketwired via COMTEX) — Powerdyne International, Inc. (OTCBB: PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced it has formed a new strategic alliance with Teknikor, Inc., an energy solutions based corporation headquartered in Fall River, MA. In fact, a collaboration between both companies working on their first project has already been outlined in detail according to Dale Euga, President and CEO of Powerdyne International, Inc.
“Part of Teknikor’s mission which is changing the way building and plant systems are designed, deployed, run and managed perfectly dovetails with our vision in the renewable energy sector,” said Euga. “We are confident that a collaboration with such a fine company as Tekinikor will lead to a number of profitable opportunities for both of us and the potential in utilizing them as a key player in our global operations.”
Euga said he has already met with Rick Souza of Teknikor and has discussed the specifics of a collaboration where Teknikor’s full spectrum of engineering and technical services could be of vital importance. He anticipates more information to be forthcoming as the project receives final approval.
Teknikor, Inc has more than 100 employees along with a Midwest office located in northern Kentucky/Cincinnati.
Teknikor provides integrated plant and facility management service including electrical and mechanical engineering and contracting, automation and controls, electrical testing and maintenance (fire safety) and energy solutions management to a regional, national and global client roster. Industries served include: manufacturing and industry, government and municipal, institutional (educational and healthcare), financial services, retail and corporate property management. For more information please visit www.Teknikor.com.
About Powerdyne International, Inc.:
Powerdyne International, Inc (www.PowerdyneInternational.com) is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset.
The PDIGenset is a self contained generator using a modified radial air cooled engine to drive a 1-megawatt (MW) generator. The PDIGenset runs on natural gas, propane or almost any gaseous fuel. It is compact, lightweight, clean burning, produces low emissions and is extremely energy-efficient.
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company’s target customer will typically use its PDIGenset to produce its own primary electrical power, it can be used for emergency back-up power generation and is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer’s current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com
This release may contain “forward-looking statements” that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.