SOURCE: SolarBrook Water & Power Corp

April 05, 2011 08:30 ET

Solarbrook Water & Power Provides an Update on Current Projects and Joint Ventures

CARY, NC--(Marketwire - April 5, 2011) - (PINKSHEETS: SLRW) Solarbrook Water and Power Corporation is pleased to provide a monthly update on the status of its current and recently completed projects and joint ventures.

The company announced it is in the process of designing on two new projects in Wake County, NC. The two Alga and Aeration systems will consist of four units and will further expand Solarbrook Water and Power's market share in the Raleigh, NC area. The contracts for the projects should be finalized in the next few weeks. Solarbrook is also meeting with the city of Greensboro, NC to discuss the installation of two odor control systems in existing lift stations. 

Solarbrook has a meeting scheduled early next week in Richmond, VA regarding an ongoing joint venture project with one of its partners. Preliminary tests on the Richmond, VA project are exceeding expectations and the company is hopeful it will be able to release more details in the near future. Another joint venture project is currently underway in the state of New Jersey and details will be forthcoming on that one as well. Additionally, leach aid projects are also in various stages of study in the states of Virginia and Michigan. 

The recently completed Wake County Indian Creek Overlook project system is being used by Solarbrook as a model in North Carolina. Prospective clients from all parts of the state have been visiting the project site and receiving a demonstration on the system.

"I am very pleased with the growth and progress we are experiencing," commented Solarbrook CEO George Moore. "We continue to see an increase in sales proposals and new contracts being signed. Our completed projects speak for themselves and have been key in attracting new private and municipal prospects and customers for our services." Mr. Moore continued, "We are also seeing geographical expansion as our customer base is reaching out into several states and regions of the country. Our joint venture projects have played an important role in our geographic expansion, and we expect to continue to work closely with our partners to grow our company and provide increased shareholder value to our investors."

About Solarbrook Water & Power Corporation

Solarbrook Water and Power Corporation, headquartered in Cary, North Carolina, maintains' a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of Solarbrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. Solarbrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential. For more information, please visit www.solarbrookwaterandpower.com

Forward-Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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