|Sauer Energy Registration Statement Effective|
SOURCE: Sauer Energy
September 30, 2013 07:55 ET
CAMARILLO, CA--(Marketwired - Sep 30, 2013) - Sauer Energy Inc.® ("SEI") (OTCQB: SENY), developer of the patented WindCharger® vertical axis wind turbine (VAWT) and manufacturer of the patented HelixWind® vertical axis wind turbine, reports that its Registration Statement has been deemed effective by the Securities and Exchange Commission ("SEC"). With this approval, Sauer Energy will soon be able to draw upon their Equity Line funding and will be positioned to move into expanded manufacturing for product launch.
Commenting on the effectiveness of the Registration Statement, Dieter Sauer, SEI Chief Executive Officer, expressed that, "The Company is extremely pleased to have a major financing instrument in place that provides a secure source of capital for manufacturing and to fund future research and development, along with market development."
SEI has been committed to maximizing its shareholder's investments. Since the beginning, the Sauer Energy team has been persistent in its endeavors toward production and revenues. SEI has radically simplified the process of manufacturing and has enhanced the adaptation of its turbines for global release. The significance of this achievement is enabling the company to complete its pre-production plans and concentrate on sales and marketing.
"We would like to give thanks to all of our shareholders for their loyalty and patience during this process. Our securities attorney, Frank Hariton of New York, spent countless time and effort helping us along the path to a successful conclusion. Unwavering dedication and oneness of vision is what makes our team special. As such, we are excited about achieving this key objective and milestone," commented Dieter Sauer, CEO and President of Sauer Energy, Inc.
As an integrated renewable energy company, SEI plans to be a pioneer in its ability to provide a major solution of sustainability and adaptability with a commitment to the environment. The plans include low wind conversion to energy, with the option to add a custom solar and smart energy storage and management system calibrated for simultaneous use. The system can be managed and monitored by remote applications, known as Remote Energy Mobile System ("REMS").
The need for both energy security and increased supply has created a surge for investment into renewables, a cornerstone of economies. Future sales demand for energy supply will transcend national boundaries globally.
SEI has been in development for the last five years, has undergone extensive testing and production will begin shortly.
For the full text of the Equity Credit line, including its various limitations and conditions and the full text of our registration statement, the reader should visit the Securities and Exchange Commission's website at www.sec.gov.
About Sauer Energy Inc.
Sauer Energy Inc. is a technology developer and manufacturer focused on the emerging renewable energy market. We believe that because it requires few parts, SEI's technology, which provides a new direction for wind capture, will easily scale from residential to small community and up to large industrial scale. The market opportunity for a new, innovative technology is unlimited. SEI has created the WindCharger brand model to provide a better solution for the use of wind capture for residential or small building use.
The WindCharger is one of Sauer Energy's key innovation priorities. With several patents in place and many more pending, SEI is engaged in manufacturing and commercialization now, and plans to see a financial return on its investments. To learn more about Sauer Energy and see images of this revolutionary wind turbine system, please visit: www.SauerEnergy.com
Due to the acquisition of the assets of HelixWind, SEI plans to be able to offer the Helix vertical axis wind turbine systems in the near future. They are specifically designed to be pole mounted and can respond to the demand for applications that do not require roof mounting. To learn more about Helix turbines and see images, please visit: www.HelixWind.com
Sauer Energy... the future of energy!®
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.