SOURCE: Grid Cloud Solutions

July 06, 2011 16:00 ET

Grid Cloud Solutions Inc. Announces Successful Bid With Municipality of Meaford

SAULT STE MARIE, ON--(Marketwire - Jul 6, 2011) - Grid Cloud Solutions Inc. (PINKSHEETS: GRDC) announced that it has been selected as the preferred bidder for a green energy community development plan by the Municipality of Meaford, Ontario. In response to a Request for Proposal, GRDC proposed to deploy a four-fold energy strategy: 1. Conservation through demand side management of municipal, commercial and residential buildings; 2. Transformative technologies through the use of local feedstocks or waste for generation of power or biofuels; 3. Rooftop solar power from the municipalities rooftops totaling potential of up to 3 mW of power; and 4. Development of a green innovation culture within the municipality.

Grid Cloud's CEO, Danny Wong, said, "We are proud to have been selected and are looking forward to partnering with the Municipality of Meaford. We are especially eager to deploy our community-based energy program, which we feel is a niche that is largely overlooked in the green energy sector."

Grid Cloud Solutions Inc. offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management's approach is based at rapid growth through partnerships, mergers and acquisitions using the principals' connectivity in the marketplace.

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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 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.

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