CHARLOTTE, N.C., May 18, 2016 /PRNewswire/ -- Blue Sphere Corporation (OTCQB: BLSP) (the "Company" or "Blue Sphere"), a clean-tech independent power producer that develops, owns and manages alternative energy facilities globally, announced today that the Company's CEO Shlomi Palas will be presenting at the Marcum Microcap Conference on June 1st and 2nd 2016 in New York City.
Mr. Palas will be describing the Blue Sphere story of becoming an Independent Power Producer (IPP) that is globally active in the clean energy production and waste-to-energy markets and how Blue Sphere is becoming a key player in these rapidly growing markets by developing or acquiring facilities that use clean energy technologies.
Mr. Palas will explain how the Blue Sphere waste-to-energy facilities generate long-term predictive revenue streams by selling electricity, natural gas, compost and other by-products primarily through fixed-rate power purchase agreements. He will also discuss how the waste-to-energy markets provide tremendous opportunity, insofar as there is a virtually endless supply of waste and organic material that can be used to generate power and valuable by-products. In particular, the disposal of organic material to landfills in most parts of the world is a costly problem with environmentally-damaging consequences. Mr. Palas will show how Blue Sphere offers a cost-effective, environmentally-safe alternative.
The Marcum Microcap Conference is a forum where publicly traded companies with less than $500 million in market capitalization can network with the investment community and present their business plans in one-on-one meetings. This event attracts fund managers and high net worth investors who focus on small cap equities. Over 2,000 participants from all segments of the microcap market participated in 2015. Attendees included senior management, finance and legal executives, venture and lower middle-market private equity investors, institutional investors, investment bankers, buy-side analysts and sell-side analysts. A keynote address by a distinguished business leader is a highlight of the event each year. In 2016, the keynotes will be presented by by Harvey Pitt, former chairman of the Securities & Exchange Commission, and Newt Gingrich, former speaker of the U.S. House of Representatives.
Shlomi Palas, the Company's CEO, commented, "We are very excited to be presenting the Blue Sphere story at the 2016 Marcum Conference. We are very pleased to have the opportunity to speak with such a large audience of investors and investment professionals."
About Blue Sphere Corporation
Blue Sphere Corporation, is a diversified independent power producer that develops, owns, and operates clean-tech, waste-to-energy facilities in the United States and abroad. The company primarily converts organic waste into electricity, but also has the ability to generate heat, natural gas and organic byproducts through various technologies.
Blue Sphere facilities; eliminate waste that would normally be disposed in landfills, reduce greenhouse gas emissions and protect water quality, helping to solve important global environmental issues.
Blue Sphere is headquartered in Charlotte, North Carolina and has operations in the United States and Europe.
For further information about Blue Sphere, please visit the Company's website: www.bluespherecorporate.com.
This press release contains certain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995), which are subject to risks and uncertainties and may change at any time. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors including, without limitation, (i) uncertainties regarding general economic and market conditions, (ii) uncertainties regarding changes in the Clean tech sector, (iii) uncertainties regarding implementation of the Company's business strategy, and (iv) other risk factors as outlined in the Company's periodic reports, as filed with the U.S. Securities and Exchange Commission. As such, there is no assurance that the initiatives described in this press release will be successfully implemented or meet expectations. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blue-sphere-to-present-at-marcum-conference-june-1--2-300270576.html
SOURCE Blue Sphere Corporation