Invesco PowerShares Announces T. Boone Pickens Live Webcast: Energy Solutions for the 21st Century
15 January 2009 - 1:30AM
Marketwired
Invesco PowerShares announced today that T. Boone Pickens, a
leading authority on alternative energy, will participate in a
webcast regarding America's dependence on foreign oil. The event,
titled "Energy Solutions for the 21st Century," will be held on
Tuesday, Jan. 27, 2009 at 4:00 p.m. EST and will be presented by
Invesco PowerShares.
"We are honored to welcome T. Boone Pickens to discuss America's
dependence on foreign oil and to share his perspective on
alternative energy solutions. We believe the United States'
dependency on foreign oil links three of the most critical issues
we face today: the economy, the environment and national security,"
said Bruce Bond, president and CEO of Invesco PowerShares.
Pickens, founder and chairman of BP Capital Management, is the
creator of the Pickens Plan, a grass-roots campaign aimed at
reducing America's dependence on imported oil by harnessing
domestic energy alternatives. The plan calls for building new wind
generation facilities that would produce 20% of our nation's
electricity and allow us to use natural gas as a transportation
fuel.
Pickens will be joined by Bond in discussing his plan and how it
pertains to President-Elect Barack Obama's alternative energy
outlook. In addition, Invesco PowerShares National Sales Manager,
Robert Brooks, will be present to discuss how PowerShares
exchange-traded funds (ETFs) may relate to the Pickens Plan. The
conference will conclude with a question and answer session
featuring all three panelists.
The live webcast will be open to the public, and those
interested in participating are encouraged to visit
www.invescopowershares.com/webcast for registration details.
Invesco PowerShares Capital Management LLC is leading the
intelligent ETF revolution through its family of more than 130
domestic and international exchange-traded funds, which seek to
outperform traditional benchmark indexes while providing advisors
and investors access to an innovative array of focused investment
opportunities. With assets under management of $9.15 billion as of
Dec. 31, 2008, PowerShares ETFs trade on all three U.S. stock
exchanges. For more information, please visit us at
www.invescopowershares.com.
Invesco PowerShares is a part of Invesco Ltd., a leading
independent global investment management company, dedicated to
helping people worldwide build their financial security. By
delivering the combined power of our distinctive worldwide
investment management capabilities, including AIM, Atlantic Trust,
Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco
provides a comprehensive array of enduring investment solutions for
retail, institutional and high net worth clients around the world.
Operating in 20 countries, the company is listed on the New York
Stock Exchange under the symbol IVZ. Additional information is
available at www.invesco.com.
Opinions expressed are by T. Boone Pickens and are not
necessarily that of Invesco PowerShares, Invesco Aim or Invesco
Ltd. Invesco Ltd. and its subsidiaries offer no guarantees or
warranties as to the accuracy and reliability of opinions
expressed.
There are risks involved with investing in ETFs, including
possible loss of money. Shares are not actively managed and are
subject to risks similar to stocks including those related to short
selling and margin maintenance. Ordinary brokerage commissions
apply.
The Funds are concentrated in a single industry, which involves
substantially greater risk of loss and price fluctuations than an
investment diversified across multiple industries or sector
segments.
Shares are not FDIC insured, may lose value and have no bank
guarantee.
� 2009 Invesco PowerShares Capital Management LLC
PowerShares� is a registered trademark of Invesco PowerShares
Capital Management LLC (Invesco PowerShares). Invesco PowerShares
Capital Management LLC and Invesco Aim Distributors, Inc. are
indirect, wholly owned subsidiaries of Invesco Ltd.
Invesco Aim Distributors, Inc. is the distributor of the
PowerShares Exchange-Traded Fund Trust and the PowerShares
Exchange-Traded Fund Trust II.
An investor should consider the Funds' investment objectives,
risks, charges and expenses carefully before investing. For a copy
of the prospectus which contains this and other information about
the Funds, call 800.983.0903 or visit www.invescopowershares.com.
Please read the prospectus carefully before investing.
Shares are not individually redeemable and owners of the Shares
may acquire those shares from the Funds and tender those shares for
redemption to the Funds in Creation Unit aggregations only,
typically consisting of 100,000 shares.
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact
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