SAULT STE MARIE, ON — (Marketwire) — 08/26/11 — Grid Cloud Solutions Inc. (PINKSHEETS: GRDC) is pleased to announce that it has entered into a Memorandum of Understanding with Engineered Systems Incorporated (ESI), an Ontario corporation which is vertically integrated with related corporations in Shanghai, China and is involved in manufacturing, engineering, procurement and construction (EPC) of wind, biomass of power generation systems for industrial, commercial and residential applications. ESI has provided equipment to 4,800 MW of projects, globally.
Grid–s CEO Mr. Danny Wong, “We are extremely pleased to be working with ESI as we continue our global business development expansion.”
Grid Cloud Solutions Inc. offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management–s approach is aimed at rapid growth through partnerships, mergers and acquisitions using management–s connectivity in the marketplace and their ability to create linkages between different fields of application.
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Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company–s periodic reports filed with the OTCMarkets.com including the company–s Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
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