Sauer Energy Completes Asset Purchase of Helix WindNEWBURY PARK, CA--(Marketwire - May 14, 2012) - Sauer Energy, Inc. ("SEI") (OTCBB: SENY), a developer of the patented WindCharger™ vertical-axis wind turbine (VAWT), announced today that on Friday, May 11, 2012, in San Diego County, California, it purchased 100% of the assets of Helix Wind Corporation ("Helix"), manufacturer of small vertical axis wind turbine systems.
This acquisition has transferred the complete Helix assets and Helix is now a Division of Sauer Energy. Sauer Energy plans to keep the brand name and website of Helix Wind due to its prominent global exposure and recognition.
"We welcome Helix as a new Division of Sauer Energy. Our shareholders will be pleased to learn that the purchase was made using Sauer Energy common shares. We purchased only the assets, therefore there are no liabilities, no obligations or debt whatsoever to Sauer Energy," detailed Dieter Sauer, CEO and President of Sauer Energy.
This transaction marks a key milestone in the evolution of Sauer Energy by demonstrating it can seize and capitalize on sound growth opportunities. Sauer Energy believes that this purchase symbolizes a giant leap toward revenues which will aggressively expand shareholder value.
Sauer Energy has enhanced its intellectual property portfolio arsenal with all of Helix's intellectual property, issued patents and patents pending, proprietary Monitoring System and software. It is in Sauer Energy's plan to customize the Monitoring System to allow WindCharger™ customers optional access to real-time performance data of their units.
Of interest to Sauer Energy are the Helix Wind turbine models. This immediate access to the technology can accelerate Sauer Energy's marketing development strategy by offering this alternate solution for power generation needs within a shorter timeframe.
"We propose to offer both the Helix and Sauer Energy product lines to give us an increased market placement in small wind. A substantial advantage of acquiring Helix at this time is the availability of an additional revenue stream," stated Mr. Sauer.
Sauer Energy believes that its business plan will be strengthened and this union will create long term synergy as one company. Although the visual appeal, applications and manufacturing processes are different for WindCharger™ and Helix, this acquisition represented a unique opportunity to harmoniously adapt and manufacture the proprietary technology in America alongside the WindCharger™. Helix Wind turbines were formerly made in Asia, and the intent is to move those jobs to Americans upon ramp-up of operations.
Inorganic acquisition growth may allow Sauer Energy to expedite execution of its business plan by widening its customer base to include higher consumption thresholds. The integration of both technologies will set the stage for Sauer Energy to leverage new markets. Helix and WindCharger™ units together will address a wider variety of customer applications with more diverse levels of performance and aesthetics.
"I feel that both technologies have their place. WindCharger™ and Helix together will create a combined effect. Both have likewise garnered attention in the international market. This winning combination can provide Sauer Energy a superior advantage over the competition. With a proven marketplace already established, this union should allow us to dominate an increased market share. Our production facility is able to accommodate the addition of Helix manufacturing," continued Mr. Sauer.
Sauer Energy has established a seamless transition for all previous and future Helix customers. Helix Wind's Monitoring System will continue to transmit and allow access of data to accommodate past customers already using the system without any interruption.
About Helix Wind
In 2007, Helix Wind Corporation, a Nevada Corporation, started a small wind turbine business in Southern California, where they designed and marketed pole mounted vertical axis wind turbines. They successfully completed installations in 17 countries, on four continents, through their distribution network.
For more information about Helix turbines, please visit:
About Sauer Energy
Sauer Energy is a technology developer and manufacturer focused on the emerging renewable energy market. We believe that because it requires few parts, SEI's technology, which provides a new direction for wind capture, will easily scale from residential to small community and up to large industrial scale. The market opportunity for a new, innovative technology is unlimited. Sauer Energy has created the WindCharger™ model to provide a better solution for the use of wind capture for residential or small building use.
The WindCharger™ is one of Sauer Energy's key innovation priorities. With several patents in place and many more pending, SEI is engaged in manufacturing and commercialization now, and plans to see a financial return on its investments. To learn more about Sauer Energy and this revolutionary wind turbine system, please visit:
Sauer Energy... the future of energy!™
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.
Sauer Energy, Inc.