Solar Wind Energy Tower, Inc. (OTCQB: SWET) (the "Company"), the inventor of large Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity, announced that management will present at the National Investment Banking Association (NIBA) Conference to be held on June 16-18, 2014 at the Roosevelt Hotel in New York, NY.
The NIBA Conference will give Solar Wind Energy Tower, Inc. access to a large audience at one time. NIBA's membership is vast and multinational, and representing over 8,800 registered reps with an estimated $78B in assets under management.
Solar Wind Energy Tower's presentation is scheduled for Tuesday June 17th. As part of the conference, Solar Wind Energy management will participate in one-on-one meetings with investors. Members of the investment community who are interested in meeting with management should contact their NIBA representative, or contact the Company at 410-972-4713.
Ron Pickett, CEO of Solar Wind Energy Tower, Inc. stated: "We are pleased to be presenting at the 2014 National Investment Banking Association (NIBA) Conference and are looking forward to speaking with a large audience of attending investment professionals and emerging growth investors. We are enthusiastic about the recent development progress of our first Tower project in Arizona, USA, as well as in the regions of Chile, India and Mexico all of which provide prime environments for the Tower, where the desire and need for power is extremely high. Our efforts have continued across the board to define a new paradigm for alternative energy, one that is self-sustaining. It is our intention to share this paradigm with as many potential investors and development partners as possible at the Conference and at other upcoming industry events."
The National Investment Banking Association, Inc. (NIBA) is the only national not-for-profit trade association of regional and independent brokerages, investment banking firms, and related capital market service providers. The mission of NIBA is to add value to its members, their client companies and investors, and the securities industry at large, by continuing to be the premier forum for quality small capital companies seeking access and exposure to underwriters and broker/dealers in connection with their capital formation, and other financial objectives and to be the focal point for all those seeking to enhance the capital formation environment for small companies. Since its inception, NIBA member firms have successfully completed some 1000+ equity offerings totaling approximately $10 billion in new capital for America's finest emerging growth companies. The member firms of NIBA represent over 8800 registered representatives and with an estimated $78B assets under management.
About Solar Wind Energy Tower, Inc.
Founded in 2010, Solar Wind Energy Tower, Inc., and its wholly owned commercializing subsidiary, Solar Wind Energy, Inc., is the inventor of the patented Solar Wind Downdraft Tower, which uses state of the art technologies and construction systems to produce abundant, inexpensive electricity, 24 hours a day, 7 days a week, and the Energy Generation Calculator software which can calculate and predict energy production of a Tower given a site's local weather data. The Company secured the site for its first Tower project in the U.S. in the City of San Luis, Arizona which may be ready for operation as soon as 2018. Under the most recent design specifications, the first Tower in San Luis, Arizona has a design capacity on an hourly basis of up to 1,250 megawatt hours, gross. The Company is also focused on licensing its development know-how and establishing partnerships at home and abroad to propagate Tower development projects in return for licensing fees for territories, development fees during construction, and recurring royalty fees based on the actual kilowatt hours produced by the Tower. Solar Wind Energy has assembled a team of experienced business professionals, engineering and scientific consultants with the proven ability to bring this solution to market.
The Company's core objective and focus is to become a leading enabler of clean, efficient renewable energy to world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions to meet tomorrow's electrical power needs. Solar Wind Energy has filed and been issued patents that the Company believes will further enhance this potentially revolutionary technology. Solar Wind Energy Tower, Inc., based in Annapolis, MD, is traded on the OTCQB under the symbol 'SWET'.
For more information visit http://www.solarwindenergytower.com, https://www.facebook.com/pages/Solar-Wind-Energy-Tower-Inc/515223728536798 and www.twitter.com/SWETower.
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements". Actual results may differ materially from those projected in forward-looking statements. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate revenues, if any, due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Solar Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
SOURCE: Solar Wind Energy Tower, Inc.