WORCESTER, Mass., June 3, 2013 /PRNewswire/ -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announces the ability to deliver energy cost savings to eighty percent of both residential and business customers in several cities. In some local areas, Mass Megawatts can sell electricity at less than half the price offered by the local utility. Mass Megawatts is leveraging their knowledge of the wind power industry in their offering of competitive green power and other energy reduction programs.
In other news, Mass Megawatts recently improved its wind augmentation system that utilizes a less complicated and inexpensive wind-focusing technique for the purpose of increasing the wind velocity directed at the turbine. This accelerated wind speed, in turn, results in a significant increase in the electrical power generated by the turbine. The technology is anticipated to allow substantial reduction in the cost of green electricity.
With its patented, wind augmentation system, a new retail sales business, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production of its new augmentation units in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.
This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power. Additionally, Mass Megawatts Wind Power stock quote and Mass Megawatts stock price may be impacted by global condition. Mass Megawatts Wind Power Inc. expected and anticipated positive and negative impact on the Mass Megawatts stock price and the MMMW stock quote.
SOURCE Mass Megawatts Wind Power, Inc.