SOURCE: Atlantic Wind & Solar Inc.

Atlantic Wind & Solar Inc.

December 09, 2009 09:59 ET

AWSL's 47.5%-Owned Hybridyne Power Systems Canada Inc. to Provide Renewable Energy for Pizza Pizza

TORONTO--(Marketwire - December 9, 2009) - Atlantic Wind and Solar Inc. (PINKSHEETS: AWSL) is pleased to report that its 47.5%-owned Canadian affiliate Hybridyne Power Systems Canada Inc. (HPSC) has commissioned the first Hybrid Renewable Energy Supplemented Data center in North America. The groundbreaking system was constructed over the past 6 months for Pizza Pizza Limited.

A Unique Green Renewable Energy Project

In its December 8, 2009 News Release, HPSC elaborated: "Pizza Pizza has embarked on a program of high efficiency and low Carbon Footprint for its new Headquarters at 500 Kipling Avenue in Etobicoke, Ontario, and Hybridyne was contracted to generate electricity for the Data Center with its high-efficiency Hybrid (wind and solar) Renewable Energy generating systems. In addition, Pizza Pizza will also be using conservation technologies such as SolarWall and light pipes."

In a Pizza Pizza Newswire press release, Pat Finelli, Pizza Pizza's Chief Marketing Officer, said, "We hope that our new head office will provide sustainable and efficient use of resources."

Truly Making a Difference

Impressively, this phase one project at this location will save Pizza Pizza about $3 million over 20 years and prevent 99 tonnes of Greenhouse gasses per year.

In announcing HPSC's involvement in this leading edge Renewable Energy project, Thomas W Cleland, president and CEO of Hybridyne and Chief Technical Officer of Atlantic Wind and Solar Inc., stated:

"Pizza Pizza's goal to drastically reduce the Carbon Footprint of its new headquarters is a benchmark and an example for all progressive companies. Computer Data Processing Centers are one of the largest 24/7 consumers of electricity in most downtown and urban centers. By generating electricity 'on site' for consumption within the Data center, and by using renewable sources to supplement its consumption, while being off grid during the peak periods of the day, Pizza Pizza reduces their expenditure for energy, reduces the daytime load on Ontario's already stressed power grid, and protects the environment. We are proud to be part of such an outstanding project, by which Pizza Pizza demonstrates that a single corporation can make a difference, can be fiscally responsible, and still fulfill its Social Corporate Responsibility."

Atlantic Wind and Solar Inc. today extends its congratulations to Pizza Pizza Limited for its extraordinary eco-friendly Renewable Energy initiatives in this unique project; a project that we trust will serve as an example to others. We also wish to congratulate the management, R&D engineers and other personnel at Hybridyne Power Systems Canada Inc., without whom key components of this technology would not have existed, and whose involvement in completing the project is a landmark achievement in the field of Renewable Energy.

About Atlantic Wind and Solar Inc:

Through focused management, strong R&D, state-of-the-art proprietary technology, exclusive licenses and joint ventures, Atlantic Wind & Solar Inc. is poised for rapid growth at the forefront of the massive global shift towards environmentally friendly, economical Renewable Energy. The Company is working with parties in the Real Estate and Property Management sectors in Ontario to secure rooftop leases suitable for AWSL's photovoltaic (PV) renewable energy systems.

Sales and Marketing Contacts

For companies wishing to make Renewable Energy sales enquiries, please call +1 800 891 1657 ext. 230. Property owners and managers with unobstructed commercial rooftops of 30,000 sq. ft. or larger in the Province of Ontario, Canada, and for which they are interested in possibly leasing to AWSL, are invited to call Mr. Geoff Moffat, Cushman & Wakefield Ltd. at 416-359-2534.

For further coporate information and/or to subscribe for regular news updates from Atlantic Wind & Solar, please visit: www.atlanticwindandsolar.com

Disclaimer:

Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • Investor Relations Contact:
    Geneva Bancorp.
    Mr. Brent O'Connor
    +1 647 343-2549
    Email: Email Contact