Real Logic CEO Brad Tolley, has announced "Management is
pleased to announce that as part of our business plan, Real Logic, Inc.,
is adding an Energy Division, which will function as an independent
subsidiary, in addition to our existing Alternative Transportation
Vehicles Division. The new division will focus on clean, renewable, wind
energy as an important aspect of the company's 'green'
concentration to reduce fuel emissions, global warming, and fuel
byproducts attributed to traditional energy sources."
Subsequent to the company's efforts and search, during the
past year, for "wind turbine" technology partnerships and
related energy business opportunities, Management is able to report that
we are in negotiations with several groups regarding our interest in
acquiring wind turbine companies, located in Europe. Subject to final
negotiation, Real Logic expects to make an announcement, in the near
term.
The US has, for the most part, lagged behind Europe in developing
wind farms. Small energy companies interested in building wind farms
have been unable to get permits and/or secure funding, resulting in
multiyear delays. As this condition is changing, due to rising oil
prices and environmental concerns, Real Logic is, also, in negotiations
with several small US energy companies whose products make economic and
environmental sense.
Real Logic seeks to encourage these technologies, both to improve
the company's portfolio, but to also maintain and expand the
company's philosophy of environmentally friendly projects.
In conclusion, Tolley said, "Another important element of our
energy developmental plan is to conclude negotiations with a foreign
company which has expressed interest in our manufacturing plant
location, currently, under contract. They are interested in utilizing
the property for turbine manufacture in the US. Management believes this
opportunity fits well into our comprehensive plan of developing the
property as a campus for emerging technologies for 'green',
environmentally responsible, energy production."
About Real Logic:
Real Logic, Inc. (BULLETIN BOARD: RLLC) , through its subsidiaries,
is developing clean energy partnerships for wind turbine and related
energy business opportunities, as well as alternative transportation
vehicles, both fuel efficient, low emissions, and electric, for resort,
neighborhood, utility, and recreational purposes.
For more information, visit http://www.reallogic.net.
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