Powerbase Energy Systems Inc.

Powerbase Energy Systems Inc.

June 21, 2010 09:38 ET

Powerbase Energy Systems Receives "Entrepreneur of the Year Award"

CARLETON PLACE, ONTARIO--(Marketwire - June 21, 2010) - Powerbase Energy Systems Inc. is pleased to announce that it recently received "The Entrepreneur of the Year Award" from the Ontario Association of Community Futures Development Corporations (CFDC). Powerbase, along with its sister company Sequence Controls Inc., were recognized for achieving innovation in business practices, responding to changes, challenges and opportunities, and for demonstrating positive employment and economic outcomes in the community. The presentation of the award took place on June 12, 2010 during the CFDC annual conference in Thunder Bay, Ontario. Powerbase and Sequence were selected for this award from all of the companies served by CFDC throughout Ontario.

In accepting the award on behalf of Powerbase, president and CEO Rob Morley stated:

"I am extremely proud to accept this award on behalf of our forty employees. Valley Heartland, our local CFDC, has been instrumental in our success over the past eight years. They have supported us by providing timely loans to facilitate our expansion. They have also provided employee training incentives to enhance the skill sets required to meet the growing sophistication of our products. Their involvement has helped us get to where we are today, with world-class products in three markets.

These are exciting times for Powerbase, as we leverage our existing engineering and technical expertise towards our rapidly growing agricultural biogas and power generation business.

The support we have received from Valley Heartland is a local endorsement that our business is a valued piece of the community fabric, and that is important to me. It's good to have local people making decisions that affect local businesses."

A video presentation about Powerbase shown during the award ceremony is available at http://www.youtube.com/watch?v=ML83OC0WOKo

About Community Futures Development Corporations

CFDCs are community-based organizations dedicated to stimulating job creation and economic growth through business and community development. Funded by FedDev, CFDCs assist small towns and rural communities to strengthen and diversify their economies. Valley Heartland CFDC provides these services to businesses, including Powerbase, located in Lanark County and North Leeds.

About Powerbase

Powerbase is an ISO 9001-2008 certified company with operations in Carleton Place, Ontario. The company designs, manufactures, installs, commissions and maintains renewable and clean energy systems for small hydro and biogas applications.

The company offers control, protection, hydraulic and SCADA systems for hydro-electric applications. Its containerized anaerobic digester biogas systems convert organic waste, such as manure, into heat and electricity for Canadian agriculture. Powerbase is the only company with a "Made-in-Canada" biogas system.

Powerbase products control 325 megawatts of electrical generation worldwide, sufficient to power 260,000 homes.

To find out more about Powerbase Energy Systems Inc., visit our website at www.powerbase.com.

Contact Information

  • Powerbase Energy Systems Inc.
    Rob Morley
    President and CEO
    613-253-5258
    www.powerbase.com