From the Wires
Sea 2 Sky Establishes Global Advisory Board and Announces its First European Member
Richard Walton of United Kingdom to assist Sea 2 Sky in European Market Penetration Strategy
By: Marketwire .
Jun. 26, 2009 04:00 PM
FERNDALE, WASHINGTON -- (Marketwire) -- 06/26/09 -- Sea 2 Sky Corporation, (OTCBB: SSKY) a leading edge Renewable Bio-Energy Company is pleased to announce that it has established a select global advisory board to assist the company in meeting it's increasing supply and demand opportunity that exists in the Company's marketplace. Sea 2 Sky is pleased to announce the first appointment of Mr. Richard Walton, BSc, P. Eng., a former technical director of manufacturing and project manager of a major European Regeneration facility to its Advisory Board. Mr. Walton's breadth of experience and knowledge of evolving building codes with increasing emphasis to use renewable biomass in the United Kingdom along with his contact network within Europe greatly assists Sea 2 Sky in meeting and opening up the market in Europe.
David Siebenga, Sea 2 Sky President & CEO stated, "We are extremely excited and pleased to expand our team of qualified people to assist in our growth. The market available to Sea 2 Sky is so large that we continually require qualified people like Mr. Walton to assist us. Sea 2 Sky is currently slated to attend the 17th European Biomass Conference and Exhibition in Hamburg, Germany http://p30322.typo3server.info over the course of the next week. Several market opportunities exist for Sea 2 Sky throughout Europe and the Company plans to aggressively market with Mr. Walton and its recently announced supply contract in New Zealand."
The European Union (EU) and other countries now legally mandate the use of biomass sources of Energy for domestic and Industrial use. In some regions of Austria, 80% of new Homes already use Biomass for heating, and the United Kingdom building code for sustainable housing currently mandates 100% of new homes by 2012 to use renewable Technologies. Wood Pellet biomass is the most accepted and most feasible source of this Energy. Demand for Wood Pellet Biomass in Europe is forecasted to increase up to 10 fold from the current 7.5 Million Tons/ annually, to as much as 75 Million Tons by 2020 representing a current dollar market increase from $1,725,000,000 to $17,250,000,000.
About Sea 2 Sky Corporation
Sea 2 Sky Corporation is headquartered in a HUB zone in Ferndale, WA. Sea 2 Sky Corporation, is a leading edge Renewable Bio-Energy Company focused on delivering alternative energy solutions to Fortune 1000 companies, Governmental agencies and Countries around the globe. The Company is currently securing the largest concentration of biomass material in North America and Abroad and is backed by a "Special Category Minority Business" which enables it to compete effectively in a substantially growing market. Sea 2 Sky is creating strategic relationships with suppliers of alternative energy sources such as biomass wood pellets to secure long-term supply contracts and to develop these products to a consistent specification that the target markets require to fulfill their energy needs with environmentally smart manufacturing facilities. More information about the Company may be found at www.sea2skyenergy.com.
About Special Category Businesses and HUB Zones
The US government has created various incentive programs for certain demographic and minority based businesses in the Institutional Marketplace to compete with mandates of up to 23% of the US Federal Procurement Budget of $425 Billion for a total market window of $97 Billion. Within these mandates, requirements have been established to provide a strategic plan to have 3% mandated purchase requirements for Service-Disabled Veteran Owned Small Business (SDVOSB) from the Federal US Budget. Businesses located on a HUB Zone are eligible for Federal contracting preferences with the government having a further 3% for contract set-asides to HUB Zone-certified companies. Furthermore, small business are eligible for Federal contracting preferences with the government having up to a further 13% for contract set-asides to small business companies. Businesses owned and operated by Native Americans are eligible for Federal contracting preferences with the government having a further 5% for contract set-asides.
Notice regarding forward-looking statements
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our future financial performance or results of operations, including expected revenue growth. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements can be found in the reports that we have filed with the Securities and Exchange Commission.
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