Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Larry S. who wrote (247)	2/14/2006 6:50:52 PM
From: Larry S.	Read Replies (1) \| Respond to of 413

The latest from VRB Power: VRB Power sells VRB-ESS to University of Alaska VRB Power Systems Inc (TSX-V:VRB) Shares Issued 107,458,158 Last Close 2/14/2006 $0.60 Tuesday February 14 2006 - News Release Mr. Tim Hennessy reports VRB POWER ANNOUNCES INITIAL SALE IN ALASKA VRB Power Systems Inc. has sold a 10-kilowatt-hour VRB-ESS to the University of Alaska, Fairbanks. A 10 kWh unit contains the approximate power and energy to support an average size household for several hours. The system will be validated at the University of Alaska, Fairbanks's Arctic Energy Technology Development Laboratory, prior to being installed at a long-term field trial location where it will be operated by the National Park Service. Dennis Witmer, laboratory director, said: "We believe the VRB technology offers unique advantages for improving off-grid power system operations. This installation will provide significant field test experience for the system in the tough Alaskan environment, and potentially open the door for its deployment in other applications such as wind-hybrid systems." Tim Hennessy, chief executive officer of VRB Power, said: "We are pleased with this initial sale in Alaska which is a key area in our target market in remote area power supply (RAPS) applications and complements our earlier announced sales in Australia and Germany. We are delighted at the opportunity to showcase our technology in this high-profile application." "With NREL's HOMER software program indicating the suitability of VRB Power's technology in a significant number of RAPS applications, especially those with diesel-based generation, regions such as Alaska are key markets for the company. Operations in an extreme environment like this will demonstrate the flexibility of the VRB-ESS. We believe that the validating of this unit, both with the University of Alaska and the National Park Service, will lead to the acceptance of our technology and will support our ongoing sales initiatives of remote area power systems in Alaska and worldwide. This unit is expected to ship in the April time frame," concluded Mr. Hennessy. © 2006 Canjex Publishing Ltd.