Waste Heat-to-Power: PowerVerde, Inc., Enters Into Broad Licensing Agreement

[bsteadman]

PowerVerde, Inc., Enters Into Broad Licensing Agreement Focusing on Waste Heat-to-Power Solutions Using Organic Rankine Cycle and Advanced Steam Technology

PowerVerde News
6/20/2016

MIAMI, FL--(Marketwired - June 20, 2016) - PowerVerde, Inc. (OTCQB: PWVI) an energy systems developer, has entered into an exclusive worldwide licensing agreement with Helidyne, LLC., that greatly expands PowerVerde's market opportunities. "This is a transformative event for our company," said Rick Davis, CEO, "that should allow us to move out of the R & D stage and into commercial production by next year."

After designing, building and testing a wide variety of expanders over the last few years, PowerVerde has chosen the patented Helidyne technology for its high pressure, state-of-the-art ORC (Organic Rankine Cycle) and advanced steam system which should greatly speed up the time to market. Rick Davis went on to say, "In addition to our ORC technology, PowerVerde is also working with Helidyne to develop unique steam-driven applications that will allow it to address higher source temperatures and more diverse markets for our emissions-free electrical generation products."
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View the complete article at:

http://www.powerverdeinc.com/#!news/oyml8

[bsteadman]

Powerverde - Innovations in Power Generation

Uploaded on Dec 30, 2009 by 'Weekend Business Report'

Imagine generating the power you need with a generator that doesnt run on fossil fuels. Imagine an engine that runs on heat. It doesnt matter how the heat is generated, all that matters is that its there. It can even come from solar panels. In a similar fashion as an air-conditioning system extracts heat from your home, the Powerverde engine extracts heat and uses that energy to run an engine that can power generators, machinery or perhaps one day, your automobile. www.powerverdeenergy.com