SUNNYVALE, CA — (Marketwire) — 01/06/12 — POWRtec International Corp, (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce that it has signed a contract with Danish Utility giant, DONG Energy, securing the delivery of 50,000 of its Smart Read Meters.POWRtec has previously delivered 160,000 meters to DONG Energy, and will now reach a total of 210,000 meters when deployed within the next 12 months. POWRtec-s Smart Read meters allow for efficient and
SUNNYVALE, CA — (Marketwire) — 01/05/12 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to provide this business overview.The world is entering an age of scarcity with respect to energy resources. The current proven and recoverable oil reserves are expected to be exhausted in less than 40 years, if we do not change our consumption pattern. However, the U.S. Department of Energy envisages that the demand for energy will have risen by more than 40
SUNNYVALE, CA — (Marketwire) — 12/28/11 — POWRtec International Corp. (OTCBB: POWT), an innovative California-based energy monitoring company, welcomes the 2011 Worldwide Utility Industry Survey.POWRtec welcomes the recent 2011 Worldwide Utility Industry Survey by software solutions provider, Microsoft. The survey shows amongst other things that utilities are increasingly moving from the planning to the implementation stage of smart grid development. There is a general trend throughout the
SUNNYVALE, CA — (Marketwire) — 12/27/11 — POWRtec International Corp. (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to comment upon the recent innovations within home appliances compatible with smart meters.Smart energy meters allow consumers to control the energy usage within their households and allow the utility companies to measure usage and avoid overcapacity. This provides a win-win solution for the consumer, power utility companies as well as the
SUNNYVALE, CA — (Marketwire) — 12/13/11 — POWRtec International Corp. (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce that it has located space for its first office in Norway.POWRtec International Corp. plans to move into the new premises in early 2012, thus marking the starting point of its activities in Norway. The purpose for the office is to promote POWRtec-s Smart Read meters in the progressive and promising Norwegian market. POWRtec is a
SUNNYVALE, CA — (Marketwire) — 12/02/11 — POWRtec International Corp. (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to comment on recent government initiatives in the UK.Earlier this year, the UK government set out its strategy for a complete rollout of smart meters starting in 2014 and ending in 2019. The rollout is the most comprehensive of its kind yet planned in any country and will entail the installation of 53 million smart meters in 30 million ho
SUNNYVALE, CA — (Marketwire) — 08/23/11 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, wishes to comment upon recent events in the Middle East.POWRtec mulls many new opportunities opening up for smart grid technology within the Arab world, a market which consists of approximately 350 million consumers when considering the entire Arab League countries. More focus on the welfare of citizens and greater accountability should contribute to less waste of resou
SUNNYVALE, CA — (Marketwire) — 08/22/11 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce the addition of a new member to its Nordic Advisory Board.Henrik Rouf is an international financier with over 20 years- experience in the global financial services industry. Mr. Rouf is highly specialized in the US markets, yet braced by a native and educational background in Denmark. The board has been established to assist the company in locatin
SUNNYVALE, CA — (Marketwire) — 07/25/11 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to comment on recent activities in the smart meter industry.All over the world, legislation demands the implementation of smart meters. In Norway, the government has re-scheduled the final date of completion for installing smart meters to 2016 — two years ahead of the original plan. In the UK, the government plans on having every household equipped with a sm
SUNNYVALE, CA — (Marketwire) — 07/18/11 — POWRtec (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to announce the appointment of a new member to its Nordic Advisory Board.Morten L. Jensen joins the board as an exceptional negotiator with a broad range of experience including corporate finance, mergers and acquisitions and technology markets. The board has been established to advise the company on key growth and investment opportunities within the smart gr
