SALT LAKE CITY, Oct. 12, 2016 /PRNewswire/ -- Stratean (OTC: SRTN), the developer of a patented and revolutionary "stratified" downdraft gasifier, today announced that CleanSpark, LLC, Stratean's wholly owned subsidiary, will showcase its renewable energy technologies at two major microgrid conferences during October.
- CleanSpark will be one of a limited number of supplier partners invited to showcase its renewable energy solutions, and specifically its advanced and innovative microgrid management technology, to attendees of the California Energy Collaboration Conference at Stanford University's Hoover Institute on October 12. As part of the conference, the California Energy Commission and the Department of Navy are expected to formalize a partnership to help Navy and Marine Corps installations in California transition to renewable energy alternatives to meet state and U.S. Department of Defense climate and energy goals. The company will present its technologies and discuss its success with microgrid installations and operations with panelists and senior Navy and Marine Corps leaders. CleanSpark's FractalGrid Demonstration Project, funded by the California Energy Commission and located on Camp Pendleton is an excellent example of success between the Commission and the Department of Defense.
- In addition, CleanSpark will present at the Microgrids Convergence Conference in San Mateo, Calif. on October 25 and 26, 2016. Mr. Mike Firenze, the Chief Executive Officer of CleanSpark will also participate in a roundtable discussion addressing the application of microgrid technology solutions to meet alternative energy needs. The conference is expected to be attended by a wide-range of military and defense contractors as well as the industry's best from the utility and academic arena.
Matthew Schultz, Chief Executive Officer of Stratean, Inc., commented, "Each of these conferences provides us with a unique opportunity to take our technologies and solutions directed at alternative energy decision-makers in the federal government and commercial arenas. Demand for reliable, efficient and clean distributed energy alternatives is driving an increase in the development and deployment of microgrids at both the federal level and within the private sector. Our repeated success with microgrid projects, including our installation for the Department of Defense at Camp Pendleton, demonstrates the effective application of our technologies and the depth of our expertise. We look forward to sharing our solutions and experience with buyers looking to achieve tangible results by improving their energy resources."
CleanSpark offers advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. By integrating new and existing energy generation and storage assets with advanced load management capacities, CleanSpark's software allows energy generated locally to be shared with other interconnected microgrids. This unique capability enables microgrids to be scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment.
For more information on CleanSpark, please visit http://www.cleanspark.com.
About Stratean, Inc.
From the trash can to the gas can, Stratean, Inc. has successfully designed, engineered, manufactured and patented a revolutionary 'stratified' downdraft gasifier. Our partners, such as Petersen, Inc., ICON Renewables, Combustion Resources and others have worked with us to create a logical solution for profitably handling MSW, Coal, Plastics, Municipal Sewage and many other feedstocks. All with ZERO airborne emissions. We've aligned ourselves with research universities such as Utah State University, The University of Utah, and BYU to certify and maximize the efficiencies and production of our technology. To learn more, visit http://www.stratean.com/.
Information about Forward-Looking Statements
Statements in this press release relating to plans, strategies, testing and operational performance, projections of results of specific activities and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission (the "SEC"). For a more detailed description of the risk factors and uncertainties affecting the Company, please refer to the Company's recent SEC filings, which are available at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Investor Relations:
Brett Maas, Managing Partner, Hayden IR,
(646) 536-7331, email@example.com
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SOURCE Stratean, Inc.