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XZERES Launches Online Site Assessment Tool for Customers
 

Wind Stock:XZERES Launches Online Site Assessment Tool for Customers of the Buy Direct Program for Its Small Wind Energy Systems

 

 

 

WILSONVILLE, OR, Jan 06, 2011 (MARKETWIRE via COMTEX) — XZERES Corporation (OTCBB: XPWR), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW), today announced the launch of an online site tool designed for customers to evaluate the potential for wind energy generation at their domestic location. The new site tool is
a part of the XZERES WindRx(TM) (http://www.xzeres.com/buy-direct/wind-report-project) financial analysis platform and gives instant access to information answering the question — is wind energy right for me?

The WindRx(TM) instant site report evaluates a customer’s potential location when they submit a simple form that includes their address and how much power they use each month. The WindRx(TM) instant report uses the best wind data available today to estimate a customer’s potential energy production from a XZERES Corp wind turbine. A wind turbine recommendation is then made based on how much power the customer uses and how much the recommended wind turbine can produce given the annual wind speed at their location.

“Wind energy-based power generation requires an adequate wind resource to be economically viable. This new online assessment tool enables consumers to quickly and effortlessly educate themselves about their site location’s potential for a small wind power system and the economic value proposition for deploying such a system, including the money they can save on electricity by installing XZERES small wind turbines,” stated Frank Greco, XZERES’ CEO. “We have experienced a substantial increase in online inquires from direct customers, further validating our push to offer such tools and ability for interested end-users to interface with us directly and the ability to self qualify for deployment of an XZERES small wind power system.”

The WindRx(TM) instant report is a part of XZERES’ Buy Direct (http://www.xzeres.com/buy-direct) program, and industry first program offering and supporting turn-key wind energy solutions directly to consumers. The instant report is just a part of the full WindRx(TM) financial analysis outlining applicable financial incentives available for the installation, including federal, state and utility subsidies that are widely available today. By understanding total system production and system cost, consumers can determine the lifetime cost of energy from a XZERES Corp wind turbine, usually just pennies per kilowatt-hour.

“With recent turbine advances, switching to wind energy is a smart choice for many commercial and residential customers who have consistently high energy bills and want a more sustainable way to power their homes and businesses,” added Greco. “XZERES’s direct-to-consumer programs offer solutions to fit every customer’s needs, whether it be a direct purchase of a wind energy system or taking advantage of our recently-launched Micro Generation Utility model (http://investors.xzeres.com/releasedetail.cfm?ReleaseID=533999).”

For more information about XZERES Corp. or any of its products, please visit www.xzeres.com

About XZERES Corp.:

XZERES Corp designs, develops, manufactures and markets distributed generation, wind power systems for the small wind (2.5kW-100kW) market. Our grid connected and off grid wind turbine systems, which consist of our 2.5kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. Our wind power systems are focused on distributed energy, where a specific machine’s energy output is largely or entirely used on-site where the equipment is installed, as well as grid connected applications. While many of our customers take advantage of their local net-metering rules within the United States and Feed In Tariffs that are often available in Europe and Internationally (to sell power back to the grid), our wind power systems are not dependent on transmission needs to carry the energy produced to another location. For more information please see the Company’s web site at www.xzeres.com

Forward Looking Statements and Safe Harbor Statement:

The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. XZERES Corp claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These “Forward-looking statements” are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, in particular, projections about our future results included in our Exchange Act reports, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. These forward-looking statements may be identified by the use of terms and phrases such as “anticipates,” “believes,” “can,” “could,” “estimates,” “expects,” “forecasts,” “intends,” “may,” “plans,” “projects,” “targets,” “will,” and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: (a)new business models may be more difficult and/or take longer than anticipated, may be more costly than anticipated and may have unanticipated adverse effects relating to the Company’s business; (b) the challenge of compensating and retaining key employees; (c) the impact on the Company and our customers from the current domestic and international economic, geo-political and financial market conditions; (d) the success of our new products and new business models in achieving their expected benefits; (e) to perform as expected without material defects; (f) to be qualified and accepted by our customers, (g) to successfully compete with products, systems, technologies and services offered by our competitors; (h) we may not be successful in undertaking the steps currently planned in order to further develop the business; and (i) other risks and uncertainties described in our filings with the Securities and Exchange Commission.

Neither XZERES Corp. management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements. We caution you not to rely on these statements without also considering the risks and uncertainties associated with these statements and our business that are addressed in our filings with the Securities and Exchange Commission that are available on the SEC’s web site located at www.sec.gov. Certain information included in this press release may supersede or supplement forward-looking statements in our other Exchange Act reports filed with the SEC. We assume no obligation to update any forward-looking statement to conform such statements to actual results or to changes in our expectations, except as required by applicable law or regulation.

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