Pacific Green Technologies Enters Into an Agreement With BlueMount Capital To Establish A Presence For The Company's Propriet...
18 Décembre 2013 - 9:15PM
Pacific Green Technologies Inc. ("the Company") (OTCQB: PGTK)
announces that it has engaged BlueMount Capital ("BlueMount") to
spearhead the development of its proprietary emission control
technologies, ENVI-Clean™ and ENVI-Pure™, in the People's Republic
of China ("PRC").
In addition to corporate finance advisory services both within
and outside China, BlueMount offers a tailored service to clients
wishing to enter the PRC market with a particular emphasis on
companies that own proprietary technology, intellectual property
and expertise. To that end, BlueMount provides a comprehensive
suite of services to enhance the effectiveness and long-term
sustainability of foreign brands entering the PRC market via:
- market research and strategy development;
- local capital raising and JV structuring;
- strategic partnering;
- government relations, including government sponsored Hi-Tech
parks;
- technology transfer; and
- local strategy implementation and monitoring.
The Company's strategic objective is to establish an operating
presence in China with established local partners and rapidly
rollout its technologies.
Commenting on the agreement with BlueMount, Dr. Neil Carmichael
said: "We regard China as a pivotal place to develop and prove the
Company's proprietary technologies in the emission control
marketplace. BlueMount has a proven track record in this
area. I am delighted to announce their appointment and look
forward to working with them over the coming months."
Commenting on the agreement with BlueMount, Alex Shead, CEO
Asia, said: "This is a great step forward for Pacific
Green. China represents a huge marketplace for our proprietary
technologies and establishing a strong presence there is central to
our strategy. BlueMount provides us with the local knowledge
and expertise necessary to make this first foray into China a
success story. I'm extremely pleased to announce this news
today."
Barry Palte, Deputy Chairman of BlueMount, commented: "It is an
exciting moment to be championing Pacific Green's proprietary
technologies into the China marketplace. Anyone who spends
time in China understands the scale of the environmental challenge
which the Chinese government has identified as one of its key
policy priorities. We see tremendous opportunities in the
emission control marketplace in China and are confident that our
team can deliver successful news for Pacific Green in 2014."
About Pacific Green Technologies, Inc.
Pacific Green Technologies Inc. is dedicated to addressing the
world's need for cleaner and more sustainable energy. PGT is
divided into three divisions:
- the design, development, licensing and marketing of
numerous types of technologies designed to improve the
environment through clean energy use;
- the development of renewable power plants; and
- licensing its proprietary emission control technologies,
ENVI-Clean™ and ENVI-Pure™, to power stations worldwide.
For more information, visit the Company's website:
www.pacificgreentechnologies.com
About BlueMount
BlueMount Capital specializes in integrating global businesses
with Asia's dynamic economies.
Through enduring relationships, BlueMount creates multiples of
value for our clients by providing an innovative mix of strategic
advisory, transaction and business development
solutions.
BlueMount delivers our services through our network of offices
in China and Australia. BlueMount is also the exclusive China
/ Australia member of the International Association of Investment
Bankers (www.iaib.org), a global network of investment bankers from
USA, UK, Europe and Asia.
For more information, visit BlueMount's website:
www.bluemountcapital.com
CONTACT: Neil Carmichael, President and Director
Pacific Green Technologies
T: +1 (408) 538-3373
Barry Palte, Deputy Chairman
BlueMount Capital
T: +61 1300 70 70 10
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