TEL AVIV, Israel, December 2, 2014 /PRNewswire/ --
WERPO (OTC Pink: BBRD) was erected on the 16th of July, 2014. Under the development of SDE the system attained patents worldwide, as well as patents pending and was even chosen number one in the world in its field by an independent team of scientists (PESWiki). Currently WERPO holds all rights to SDE's technology, IP, contracts, subsidiaries and so on. In this manner, WERPO hopes to spread this unique sea wave energy solution around the world, aiding those regions most in need.
WERPO is trading at a 46 Million Dollar Value at the Moment according to the Information provided to us by the OTC Market and according to analysts at PennystocksWeekly it is expected to double until the year's end.
WERPO's Director Shmuel Ovadia says that the world is heading in a better direction with the implementation of the WERPO technology as the scientists believe that the massive hurricanes in the recent years are due to the heavy pollution generated from fossil fuels and with WERPO's clean energy this will be eliminated thus making the world a clean healthy and safe environment.
WERPO was founded by Mr. Daniel Naimi, an expert in hydraulics, electronic control and computerized systems. WERPO completed a reverse merger and split with Blackbird International Corporation, which was finalized on the 10th of November, 2014.
WERPO has taken over SDE Ltd's operations in order to further promote SDE's unique sea wave energy technology in the public OTC market. With the assistance of Mr. Ovadia, inventor of the hydro-pneumatic method and former CEO of SDE, the transfer of all SDE's rights, including IPs, contracts and subsidiaries, to WERPO has been successful.
WERPO has gathered a team to aid with its goal of promoting its unique sea wave energy solution and is still in the process of recruiting additional experts. Currently we are happy to announce the top tier members of the WERPO team: along with Mr. Daniel Naimi, founder and CEO, and Mr. Shmuel Ovadia, a director, we have appointed Mr. John Pedder to be the president of WERPO. Previously CEO of BBRD, Mr. Pedder assisted in the reverse merger process and will remain with WERPO to aid in its first steps into the public market.
In order to further assist the company, an advisory committee has been erected. This committee currently consists of Mr. Shusteri trained as an electrical engineer, managing a public company (TVG) in the NASDAQ market in 2004 and further assisting the development of energy projects around the world. We are working on adding other such experts and talented individuals to our team.
In addition, to assist with the company's PR, as well as with raising capital for exciting new and upcoming projects, WERPO has hired the well known Maximum Performance advisors in the US. With their assistance, along with WERPO's team of devoted professionals, we believe our Sea Wave Energy will truly be able to change the world.
WERPO has also been accompanied throughout the reverse merger process with BBRD by Balter, Guth, Aloni & co. (BGA) Law Offices - one of the largest law firms in Israel with international reach and a team of professionals assigned to assist WERPO in its entry into the public market.
About Wave Electricity Renewable Power Ocean (WERPO)
WERPO was erected in 2014 to take on the public shell of BBRD in the OTC market, and this in order to promote its unique sea wave energy system. The technology developed by its affiliate, SDE Ltd, is based on the utilization of sea waves to yield hydraulic pressure that produces electricity while exploiting the full potential of wave speed, height, depth, rise and fall, and currents beneath the surface of the water. Energy density in waves is high compared with other renewable energy sources such as wind power and solar power. Over a year, the energy output is approximately 3 times that of solar or wind technology.
Results and experimental fieldwork conducted in Israel and abroad indicate that the energy production from sea waves by SDE's technology cost of 2-6 cents for 1KW, a significantly lower cost compared to other renewable energy technologies (for example, wind energy - 12 cents, Solar Energy 16 cents). In addition, SDE's technology allows an annual output of 65% - significantly higher yield compared to other renewable energies (wind energy - an annual output of 24%, solar energy an annual output of 22%).
Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
WERPO COMPANY STRUCTURE
CEO and Director: Daniel Naimi
Expert in hydraulics, electronic control and computerized Systems.
President: John Pedder
Previously CEO of BBRD, Mr. Pedder assisted in the reverse merger process.
Board of Directors:
Daniel Naimi, Shmuel Ovadia, John Pedder.
Shmuel Ovadia
Inventor of the Hydro-Pneumatic sea wave energy system, chosen number one in its field by an independent team of researchers (Peswiki) and previously CEO of SDE Ltd.
Advisory committee
Yigal Shusteri
Trained as an electrical engineer, managing a public company (TVG) in the NASDAQ market in 2004 and further assisting the Development of energy projects around the world.
Israel Enden
Formerly a Corporate Real-estate Broker, Enden is experienced in Due Diligence and Dealing with Major financial Institutions worldwide. In addition, he is experienced in brokering and financing Major Energy projects in Germany and the UK.
External Consultants
PR Consultants
WERPO has hired the well known Maximum Performance advisors in the US to assist us in promoting our technology and making sure our shareholders and investors are continuously updated.
Law offices and Accountants
WERPO has been accompanied throughout the reverse merger process with BBRD by Balter, Guth, Aloni & co. (BGA) Law Offices, One of the largest law firms in Israel.
For further information please contact:
Maximum Performance Advisors, Inc.
+1-858-381-4677
shareholders@werpo.us
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