SOURCE: SNM Global Holdings

September 23, 2010 08:22 ET

SNM Global Launches New Hybrid Hydro Development Projects

LONDON--(Marketwire - September 23, 2010) -  SNM Global Holdings (PINKSHEETS: SNMN) -- Based on unprecedented market growth in Hydrokinetic energy solutions, the Company announced today it accelerated the product development cycle and officially launched projects on four 'Hybrid Hydro" hydrokinetic energy solutions. 

Each of the technology solutions, resulting from its recent technology acquisitions, are unique integration of proven sustainable alternative sources, engineered to provide redundant energy supplies in a wide variety of applications, particularly adaptable as solutions for emerging markets.

The Small Hydro Hybrid technologies to be primed for commercialization and international distribution are:

1. Hybrid Hydro-Wind Plant - 
2. Hybrid Hydro Plant - 
3. Renewable Energy Plant
4. Hybrid Hydro-Solar Plant -

The recent market reports from Frost & Sullivan and have estimated that the "global ocean energy industry can be worth $1 trillion" and Pike Research, states "Hydrokinetic energy generated from the ocean and rivers may grow by 22 gigawatts in the next five years." 

In fact, Pike Research further suggests that ocean hydrokinetic energy is "50 to 100 times more cost-efficient than wind or solar"... and can be more reliable than other kinds of renewable energy sources such as wind or solar.

The Company recently announced the launch of it Small & Micro Hydro Technology Development Projects resulting from its recent technology acquisitions and expects further announcements regarding additional technologies to be developed for preparation of commercialization and international distribution.

The Small Hydro Development Projects represent important technologies to assist emerging economies to leapfrog into sustainable and independent energy-production.

Access to electricity is one of the keys to development, as it provides light, heat and power for productive uses and communication. Today 1.7 billion people in developing countries do not have access to electricity, most of them living in rural areas.

Based on internal market projections and asset appreciation over the market cycle, the Company values the technology acquisition at $12,500,000, to be purchased through by the issuance of Preferred Stock. Redemption of the Preferred Stock is contemplated to contain several performance based terms relating to sales and market penetration, thus protecting shareholders and insuring equity appreciation.

The Company's acquired technologies and development projects will be integrated into the Company's MicroTechnology Transfer (mt2) Program and MicroEquity Partner Program; and will be introduced into SNM Global's distribution network for emerging market insertion and introduction.

SNM Global's MicroTechnology Transfer (mt2) Program and MicroEquity Partner Program enable the acquisition, development, and transfer of technologies that will provide for the betterment of society and provide the catalyst for emerging markets to leapfrog into the sustainable sectors that will drive the twenty-first century.

The Company encourages collaboration with public, private and institutional partners in all phases of the development and technology transfer cycle; and accepts submissions from both collaborative development, distribution and inventor partners through the Collaboration Portal on its new website at www.SNMNglobal.com.

About SNM Global Holdings

SNM Global Holdings (SNM Global) is a technology holding and development company that invests in, acquires, and develops Intellectual Property Assets and Operations in the Clean/Alternative Energy, Biotech, Water and Better Health & Living sectors adapted specifically for the emerging global markets.

The Company realizes revenues from the distribution of its technology, products, and solutions through its network of international agents and distributors and through the licensing of Intellectual Property through its innovative mt2 Program. The Company provides its International MicroEquity Partner program to our local partners in our target international markets. This program provides initial funding to a community building and life-enhancing organization. The Company sees profits through equity ownership and sales and distribution of its technology and solutions. The company operates through its subsidiaries and various distribution partners worldwide.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from the statements made herein.

Contact Information

  • CONTACT:
    SNM Global Holdings
    100 Pall Mall
    Saint James
    London SW1Y 5NQ United Kingdom
    Tel Number: (44) 020 7096 0200

    Investor Relations:
    1-(321)-251-6082
    info@snmnglobal.com