Gold River Productions Inc. (PINKSHEETS: GRPS) Forecasts $30 Million in Revenue per Month With Its Patent Pending P.V. Solar Roo
March 30 2011 - 8:15AM
Marketwired
John Ohlin, President and Chief Executive Officer of Gold River
Productions (PINKSHEETS: GRPS) Inc. commented today that "we are
preparing to file our (U.S. Patent Pending) Photo voltaic (P.V.)
Solar Roof patent, on a world-wide basis. 'Green' technology is
embraced much more in Europe than here in the U.S and will be a
great market for our technology.
"Our patent pending technology will allow roof sections with
integrated P.V. to be installed that are capable of a 60' free
span. These roof sections will come with a minimum of R-42
insulation value and require no further roofing or insulating
materials be added. Our roofing system is a one step process that
eliminates the multiple steps of framing, sheeting, roofing,
insulating and installing P.V. panels. Currently, the P.V. cells to
be used are capable of producing 13 watts of power per hour per
square foot and are integrated into the exterior skin of the
monolithic, structural, insulated roof section.
"The U.S. market alone for this product is huge. At the end of
the third quarter of 2010, $2.4 trillion dollars of commercial and
civil construction (the major market for our roof systems) was in
the 'post bid' phase according to www.reedconstructiondata.com. The
roof portion of the construction is between 5% - 10% of the total
construction cost depending on a variety of factors. Our P.V. solar
roof sections will be produced on laminators which can produce in
excess of one million sq. ft. of roof section per month; generating
potential revenue of over $30,000,000 per month."
For complete information on the Company please go to our web
site www.atpanels.com.
Except for historical information contained herein, the
statements in this release are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties that
may cause the company's actual results in future periods to differ
materially from forecasted results. Such risks and uncertainties
include, but are not limited to, market conditions, competitive
factors, the ability to successfully complete additional financing
and other risks.
Contact: Mr. John Ohlin President/CEO 801-523-2744
Gold River Productions (PK) (USOTC:GRPS)
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