Cooperation Between Officials from the German Government and S.D.E Company

Nov 17, 2009, 08:32 ET from SDE Ltd

TEL AVIV, Israel, November 17 /PRNewswire/ -- Recently, Mr. Waldemar Wilhelm Hoppe, Deputy Managing Director of the "Invest in Mecklenburg-Vorpommern" agency, and Ms. Ursula Goldacker, the Senior Consultant of the agency, have arrived to Israel in order to conduct a business meeting with Mr. Shmuel Ovadia, the CEO of S.D.E Company and Ms. Inna Braverman, International marketing manager of the company.

"Invest in Mecklenburg-Vorpommern" is the economic development agency for the German State of Mecklenburg-Vorpommern. As a central contact point, the agency represents the company's interest towards administrations and state institutions, finds business partners and supports the process of entering into the German business market.

During the meeting, the officials from "Invest in Mecklenburg-Vorpommern" agency have told S.D.E Company that the state of Mecklenburg-Vorpommern is very supportive of renewable energy technologies and companies. Today, 24% of electricity generated in Mecklenburg-Vorpommern comes from wind, bio, water and solar sources. Now, the agency wishes to add S.D.E's Sea-Wave power plants to the variety of renewable energies in the area.

According to "Invest in Mecklenburg-Vorpommern" agency "the tightly meshed network between science and business has a high potential for innovation and offers companies in the branch big opportunities for growth on the world market". In addition, the officials from the agency have mentioned that currently numerous companies are utilizing the location's advantages and have secured attractive industrial sites to build manufacturing facilities in proximity of the sea. According to the agency, there is a great interest to promote S.D.E Company and its unique sea wave power technology in Germany, and the agency has promised to assist in all the necessary steps that will allow S.D.E to enter into this sector of the German market.

The technology of producing electricity from sea waves is innovative and a leading method worldwide. Pollution and global warming as a result of fuel usage have taught the world that the largest world resource to create electricity is sea waves. The system has the highest efficiency in the world and is offered for a very attractive price. SDE has an international patent and also patents pending. Till this day, the company has built 8 models that have been successful and the last of which has produced 40kW/h. The models were financed, checked, and approved by the Israeli Government.

    For further details please contact Ms. Inna Braverman,
    International Marketing Manager of S.D.E, or Mr. Shmuel Ovadia, CEO.

    Phone number: +972-03-7397107

    Fax Number: +972-03-6319239

    E-mail Address: