PALOS VERDES, Calif., April 29,
2014 /PRNewswire/ -- Powerstorm Capital Corp. (OTC: PSTO)
today announced the appointment of Dr. Shilesh Upreti to the company's 2014 Board of
Advisors. Dr. Upreti is an expert in energy storage
technology and former member of the US Department of Energy's
Frontier Research Centers at Binghamton.
Dr. Upreti holds multiple technology patents, is published in 70
international journals. He has served as PI with the New York State Energy Research and Development
Agency and the US Army's Research Development and Engineering
Command.
Michel J. Freni, Powerstorm
Capital CEO said, "Shilesh brings a wealth of energy technology and
entrepreneurial spirit to Powerstorm. His ability to meld
current energy technologies and latest academic findings to
practical commercial applications is a rare talent that will afford
Powerstorm an added competitive edge in this emerging business
sector."
Dr. Upreti has served as Co-Chairman of the International Centre
for Diffraction Data (ICDD) and American Association for the
Advancement of Science and holds lateral positions with many
similar global and national organizations.
"I am delighted to join PSTO's board as I have a very clear
vision of the company's missive and the value it brings by blending
economics with ecological and sociological aspects of
business. Mr. Freni's vision of a next generation sustainable
technology model was the catalyst that got me moving in the
direction of integrating energy storage into current and future
technologies. I am honored and excited to join PSTO's
inaugural board," said Dr. Upreti.
"Dr. Upreti's expertise is vital to the growth of our company.
Certainly, he and Dr. Ann Marie
Sastry of Sakti3 will make an unstoppable team in
telecommunication energy generation, storage and delivery," said
Ana-Maria Pruteanu, Powerstorm
Capital Corp.'s President.
Dr. Upreti holds a Ph.D from the Indian
Institute of Technology at Delhi and is a former group member of
Professor Stan Whittingham at SUNY
Binghamton.
About Us
Powerstorm Capital Corp. services the telecommunication
industry, primarily in sub-Saharan Africa, the Middle East, China and South America. The company's
core business consists of providing turnkey region-specific hybrid
power solutions to its customers – from hardware procurement,
installation and on-going maintenance and technical support.
Powerstorm Capital Corp. maintains offices in Hong Kong, New
York as well as an operational hub in The Netherlands.
For additional information please visit
http://www.powerstormcapital.com.
This release contains forward-looking statements concerning
market developments for our products and corresponding value
propositions for our customers. These forward-looking statements
reflect Powerstorm's current expectations as contemplated under
section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Any such
forward-looking statements are based on Powerstorm's assumptions
relating to its financial forecasts and expectations regarding its
product development efforts, manufacturing capacity, and market
demand. These statements involve risks and uncertainties that
may cause Powerstorm's actual results to be materially different,
including general economic and regulatory changes, detrimental
reliance on third parties, successfully achieving our business
plans and achieving and sustaining profitability. For a detailed
discussion of these and other risk factors that could affect
Powerstorm's future performance, please refer to Powerstorm's most
recent Annual Information on Form 10K. Readers should not place
undue reliance on Powerstorm's forward-looking statements and
Powerstorm assumes no obligation to update or release any revisions
to these forward looking statements, other than as required under
applicable legislation.
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SOURCE Powerstorm Capital Corp.
