|By Marketwired .||
|April 9, 2014 07:55 AM EDT|
WARWICK, RI--(Marketwired - April 09, 2014) - Powerdyne International, Inc. (OTCQB: PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced it has completed its engineering study for Silver City Aluminum Company according to Stephen Caromile, VP and Lead Engineer of Powerdyne International Inc. The Company worked closely with Silver City Aluminum Company's owner Mr. Ron Xavier, the plant engineer and the company's prime electrical consultant engineer. The details of this study account for all of the planning and interface operations for the PDIGenset installation.
The engineering study also provided the basis for forward planning and the identification of materials and equipment that will be needed by Powerdyne to manufacture the units and install the equipment. Further, some of the areas that were expected to be long lead items have been eliminated due to the reconfiguration of the interface components and the arrangement of the units on the site and the ability to upgrade and re-use existing transformers and switchgear according to Dale Euga, President and CEO of Powerdyne International, Inc. Euga said this will result in a significant saving on the manufacturing and also, a reduced cost for the installation. In addition, the new location of the PDIGenset units will also provide a more accessible space for the equipment maintenance and equipment maneuvering.
"Completing this study for Silver City Aluminum has given us a great opportunity to become more familiar with the company and vital insight on how we can assist them when it comes to providing them with superior electrical power generation equipment such as our PDIGenset equipment," said Mr. Euga. "We are confident that we can save Silver City a substantial amount of money compared to their current power bills and look forward to demonstrating the tremendous effectiveness of our PDIGenset equipment in a setting such as Silver City."
In order to initiate the study, the Company took an extensive walk through of the plant where the manufacturing process was explained in detail. All of the power requirements and the individual electrical panels were located and recorded on a preliminary floor plan and interior measurements of the physical plant were taken and documented. Exterior facilities that are used for the company shipping and receiving were located and other external equipment such as tanks and transformers were pinpointed, detailed and measured. Existing utilities, to include gas, electricity and water were also located for the purpose of identifying all of the elements where coordination between the existing public utilities will need to be addressed.
About Powerdyne International, Inc.:
Powerdyne International, Inc (www.PowerdyneInternational.com) is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
The PDIGenset is a self contained generator using a modified radial air cooled aircraft engine to drive a 1-megawatt (MW) generator. The PDIGenset, runs on natural gas, propane or almost any gaseous fuel. It is compact, lightweight, clean burning, produces low emissions and is extremely energy-efficient.
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, it can be used for emergency back-up power generation and is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com.
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Powerdyne International, Inc.