GWS Technologies, Inc. to Retrofit Commercial Buildings
Submitted by SmallCapVoice.com
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, today announced that it is negotiating an agreement with SEDCO, Inc. to supply solar panels and equipment to retrofit numerous commercial buildings located primarily in Arizona.
GWS will also assist SEDCO, Inc. and the building owners in applying for certification under the Commercial/Industrial Solar Energy Tax Credit Program. The primary goal of this program is to stimulate the production and use of solar energy in commercial and industrial applications by subsidizing the initial cost of solar energy devices. The tax credit is equal to 10% of the installed cost of the solar energy device not to exceed $25,000 for one building in a single year. Tax credits can be used to offset Arizona income tax liability; any unused credit amounts can be carried forward for a five-year period. GWS and SEDCO, Inc. have yet to select a financing partner for the project.
About GWS Technologies, Inc.
“GWS” stands for GreenWindSolar. We are an alternative energy company developing renewable energy solutions. A “green” wave of emerging environmental regulations, and government-wide “green” initiatives, are changing the way consumers, the commercial sector, and states, counties and municipalities, do business. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.
About SEDCO, Inc.
“SEDCO” stands for Sustainable Eco-Green Development Company. SEDCO, Inc. is a company dedicated to bridging the gap between the real estate development industry and the green products and services industry. The company was founded in 2009 and is headquartered in Arizona.
Safe Harbor Statement:
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company’s ability to attract and retain key personnel.
Contact:
For GWS Technologies, Inc.
Stuart T. Smith, 512-267-2430
Fax: 512-267-2530
SSmith@SmallCapVoice.com
www.SmallCapVoice.com
or
For Sustainable Eco-Green Development Co., Inc.
Tom Layton 214-676-5475
Tom@sedcoaz.com
www.sedcoaz.com
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