TEL-AVIV, Israel, August 24, 2015 /PRNewswire/ --
Blackbird International Corporation (OTC: BBRD) announces that the Board of Directors are reviewing an important Agreement and on Wednesday, August 26, 2015 it will make a full disclosure of its contents and what it represents to its shareholders.
Shmuel Ovadia adds that, "The Board is enthusiatic regarding this Agreement which will definitely have an effect on shareholder value."
The Company shall post the Agreement on its website following their review and the announcement on Wednesday.
These and other agreements are part of the Company's goal of implanting its patented technology in countries that currently lack a reliable source of electrical energy. This technology is also attractive to countries that have a source of electricity but one that is enabled through equipment that does not comply with the latest green technology. Many countries still rely on electrical energy produced by generators driven by the use of coal or other pollutant products.
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"The sun doesn't always shine, the wind doesn't always blow, but the ocean never stops."
About Blackbird International Corporation:
Blackbird International Corporation (http://www.werpo.us) is the sole shareholder of Wave Electricity Renewal Power Ocean Ltd (WERPO).
About WERPO sea wave energy technology (BBRD):
WERPO, having received the rights to all of SDE Ltd.'s technology, property, know-how, IP (patents, etc) contracts and subsidiaries, is able to promote its sea wave energy solution throughout the world.
WERPO's unique technology is based on the utilization of sea waves' rise and fall to yield hydraulic pressure that produces electricity, while exploiting the full potential of wave speed, height, depth and currents beneath the surface of the water. This technology was chosen as the most efficient and affordable sea-wave power technology on the market by an independent team of renewable energy experts from Pure Energy Systems (PESWiki) and also as one of the top 100 renewable energies.
The Israeli company with its proven technology has several projects around the world with government entities as well as with the private sector. It has established more than 11 joint ventures with local partners in over 9 different countries.
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
For further information please contact:
Maximum Performance Advisors, Inc.
SOURCE Blackbird International Corporation