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Technology Stocks : Vanteck (vrb-cdnx, vttcf) -- Ignore unavailable to you. Want to Upgrade?


To: stonecrop who wrote (169)12/20/2004 11:56:23 AM
From: gg cox  Read Replies (1) | Respond to of 413
 
VRB Power's Subsidiary Pinnacle Approves Share Cancellation and Asset Transfer
Monday December 20, 9:30 am ET

VANCOUVER, Dec. 20 /CNW/ - VRB Power Systems Inc. (TSX-V: VRB - News) is pleased to announce that at the Annual General Meeting of Pinnacle VRB Ltd. held on December 20, 2004, all of the appropriate resolutions to complete the terms of the Revised Implementation Agreement announced October 27, 2004 were passed by its minority shareholders. The sale of VRB Power's Pinnacle shares, transfer of patents and other conditions required to satisfy formal completion are scheduled to occur in late January 2005.
About VRB Power

Based in Vancouver, B.C. Canada, VRB Power Systems Inc. ("VRB Power") is an electrochemical energy storage company that has commercialized the patented Vanadium Redox Battery Energy Storage System ("VRB-ESS") and has acquired the intellectual property rights and assets comprising the Regenesys Energy Storage System ("RGN-ESS") for the purpose of developing similar but larger scale flow battery systems. Both technologies represent a new enabling capability to effectively store electricity on demand. They can provide direct economic benefits to utilities and end users in terms of improved power quality, reliability and energy efficiency. They are particularly well suited to load levelling (peak shaving), electrical power arbitrage, grid stability enhancements, capital deferment and Remote Area Power Supply (RAPS) applications. The company is primarily focused on stationary power sources such as utility substations, commercial buildings, production facilities, telecommunication operations, cellular radio sites, and renewable resource generation such as wind farms - creating the ability to provide "firm" capacity. As "green" technologies, the VRB-ESS and RGN-ESS are characterized by very low ecological impact and are unlike most other conventional energy storage systems that rely on toxic substances such as lead, zinc or cadmium. VRB Power is publicly listed on the TSX Venture Exchange ("VRB") and the OTC Pinksheets ("VRBPF").

Warning: The Company relies upon litigation protection for
"forward-looking statements"
"The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release"

Vince Sorace
President, VRB Power Systems Inc.



To: stonecrop who wrote (169)12/27/2004 2:30:49 PM
From: gg cox  Read Replies (1) | Respond to of 413
 
Pasianno, thanks for your research posted on stockhouse..reposted below..VRB still long term hold for me.I can see this technology in the home in the not too distant future.
gg

SUBJECT: some wind surfing via google... Posted By: Pasianno
Post Time: 12/27/04 00:16
« Previous Message Next Message »

Here's a mixture of a few interesting reads/presentations that are worthy of looking at with a steamy cup of hot chocolate in hand over the holidays. I'm sure some of you have come across them already in your internet travels...
All the best to you longs who have literally endured the growing pains with this company (we're all familiar with the chinese water torture lol), ***sit tight and be right*** is sounding awfully good at this juncture!

Cheers!

eere.energy.gov (Mark Kuntz's power point on wind/diesel/KI)

spectrum.ieee.org (a good read)

ei.tbm.tudelft.nl (a long read which i still need to tackle!)

canwea.ca (very interesting of how tiny VRB Power gets an honerable mention in this wind turbine manufacturing study... page 45)

naboertilvindmoller.dk

dti.gov.uk (see slides 25-36, 37-48 for vrb)

eltra.dk (i wonder if they're still keen on the Regenesys technology)

eltra.dk (4.14 is interesting to take note of)