Millennial Research Corporation Announces $2.8 Million Purchase Order
TULSA, Okla., Aug. 22, 2012 /PRNewswire/ -- Millennial Research Corporation (MRC) (www.millennialresearchcorp.com), a privately held company, today announced the receipt of a $2.8M 3MW purchase order for its Arrow Engine driven Magnetronic™ Generator Platforms with Big Navajo Energy.
Big Navajo Energy (BNE) is a Navajo owned and operated Utah-based renewable energy company that is focused on the development and deployment of efficient power generation technology. BNE is a certified priority one and 100% Navajo owned business as certified by the Navajo Nation Business Regulatory Department office located in St. Michaels, AZ.
"There are over 16,000 homes on Navajo Reservation that do not have electricity. This 3MW purchase order is just a beginning," stated Dory Peters, President of Big Navajo Energy. "BNE can help fix this serious problem one megawatt at a time. As a distributor for these systems, BNE can provide 24/7 electricity to remote locations and underserved areas to better people's lives. With one simple natural gas line, clean needed electricity can be supplied to support households, water wells, refrigeration for medicines, communications systems and more."
The clean EPA certifiable natural gas generator platforms will be driven by Arrow Engine Company's commercial natural gas engines. Arrow Engine Company (www.arrowengine.com) is a wholly owned subsidiary of TriMas Corporation (NASDAQ: TRS). "Arrow Engine has a long history of delivering environmentally and commercially sustainable natural gas motors in some of the most remote and harsh environments in the world since the 1950s. As a field repairable platform, there is no better companion on the market than the Arrow Engine," commented Darin Long, CEO of Millennial Research Corporation.
"This is the ideal small business story – creating innovative solutions that resolve problems. This is what we envisioned our technology would do and now we get to deliver our clean and efficient power solutions to the people that need it," stated Mr. Long. "MRC, BNE and Arrow have the right vision, namely implementing technical innovation to increase quality of life and provide economic growth. This is the 'American Dream' on so many levels," Mr. Long continued.
About Millennial Research Corp.
Millennial Research Corp. (MRC) is the developer of Magnetronics™, a patented, dynamically innovative, and world's first fully modular electric motor and generator technology. For additional information concerning Millennial Research Corporation (MRC) please go to: (www.millennialresearchcorp.com).
Millennial Research Corporation is including the following cautionary statement in this corporate release to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, projections, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. From time to time, the Company may publish or otherwise make available forward-looking statements of this nature. All such subsequent forward-looking statements, whether written or oral and whether made by or on behalf of the Company, are also expressly qualified by these cautionary statements. Certain statements contained herein, including, without limitation, those that are identified by the use of the words "anticipates," "estimates," "expects," "forecasts," "intends," "plans," "predicts," "projects," "believes," "seeks," "will," "may" and similar expressions, are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished.
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SOURCE Millennial Research Corporation