LAS VEGAS, NV — (Marketwired) — 09/13/13 — PacWest Equities, Inc. (PINKSHEETS: PWEI) today announced details of the recent partnership agreements with two of Brazil–s energy companies, Itambe Energy and 3CO Energy, both located in the Capital of Parana, Curitiba, Brazil. The partnerships would give PacWest Equities an immediate foothold in the region to quickly deploy its Solar Manufacturing Line and help accelerate its plans to capture a large share of the estimated $US89 Billion Solar Market in South America by 2017.
The Solar Manufacturing Line, which costs over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., addresses the construction market–s need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain.
PacWest Equities, Inc. specializes in working with under-performing companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on recession proof industries such as food and energy production showing a positive upside while struggling to bring new bio-technologies and unique products to market.
Itambe Energy, or Itambe Itá Energética S.A. produces electricity for regional users in the Brazilian State of Parana. The company is based in Curitiba, Brazil.
3CO is a holding company comprised of three companies: 3CO.Energy, 3CO.Environmental, and 3CO.Business. Its professionals are recognized nationally and internationally and are challenged to develop clean and efficient energy solutions, solving environmental problems, the creation and implementation of programs for sustainable use of natural resources management.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases “would be,” “would allow,” “intends to–” “will likely result,” “are expected to,” “will continue,” “anticipate,” “expect,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “considers,” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company–s historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company–s past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
CONTACT:
Media Relations