Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > SwissINSO Issues Chairman’s Letter to Shareholders

Michel Gruering, Chairman and Founder of SwissINSO
Michel Gruering, Chairman and Founder of SwissINSO

Abstract:
SwissINSO Holding Inc. (OTCBB:SWHN), a leader in the development and application of solar-powered energy solutions for water purification and for the heating/cooling of buildings, today issued a Letter to Shareholders from its Chairman and Founder, Michel Gruering, detailing the progress of its operations and outlook for the coming year. The Letter will be posted on the company's website.

SwissINSO Issues Chairman’s Letter to Shareholders

Lausanne, Switzerland | Posted on January 18th, 2011

The text of the Letter follows:

Dear Shareholders:

I am pleased to provide this year-end summary of our accomplishments in 2010 and our strategic initiatives moving forward in 2011.

During the past 12 months, we focused our attention on building the financial, product and infrastructure foundations for our future growth. Specifically, several key milestones were achieved, including the:

· Successful closing of our initial round of financing in excess of $6 million;

· Securing of the first two orders for our Krystall (tm) water purification units and signing of distribution agreements for such units in Algeria and Malaysia;

· Undertaking of two major new business market studies which validated our products and the market's need for them;

· Identification of third-party leasing sources ready to commit to financing Krystall purchases by the public and private sectors;

· Building of an enlarged production platform and infrastructure for Krystall to accommodate anticipated sales growth;

· Addition of personnel in sales, marketing and technical support;

· Move to new headquarters in the prestigious R&D Science Park at EPFL, further expanding our special relationship with LESO, the solar applied research laboratory of EPFL; and

· Invitation to be an "official observer" at the UN Convention on Climate Change in Cancun, a sponsor of the World Climate Summit and an exhibitor at the Green Solutions trade show.

In 2011, we are moving ahead aggressively to become an established world-wide provider of advanced solar-powered technologies in the areas of water purification and the cooling/heating of buildings. The hard work undertaken during 2010 is already paying off in these first few days of 2011:

· We are in negotiations with several entities for the sale of a significant number of Krystall units;

· Studies are underway in preparation for bidding on major infrastructure projects using Klymaa's (tm) cooling and heating technology;

· There continues to be active interest in the company from several major investment groups; and

· We are in advanced discussions with a major Asian global construction conglomerate for a joint venture in that part of the world.

I will be coming back to you shortly with more updates.

We believe that we have the right products at the right time, and we look to 2011 with great excitement.

Thank you for the confidence you have shown in SwissINSO. On behalf of Management and the Board of Directors, all best wishes for a healthy and prosperous new year.

Michel Gruering
Chairman and Founder
Lausanne, January 17, 2011

"Safe Harbor" Statement: A number of statements contained in this press release are forward-looking, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including our ability to raise capital when needed and on acceptable terms and conditions, the intensity of competition, and general economic factors. The actual results SwissINSO Holding Inc. may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. SwissINSO Holding Inc. encourages the public to read the information provided here in conjunction with its most recent filings, which can be viewed at: www.sec.gov.

####

About SwissINSO
SwissINSO utilizes its proprietary intellectual property assets to provide environmentally friendly, innovative 100% solar-energy solutions and related technologies to meet growing global needs. The company’s goal is to become a world leader in turn-key solutions using renewable energy for the purification and desalination of water and the cooling and heating of buildings. (www.SwissINSO.com)

SwissINSO has two core businesses:

KRYSTALL is the world’s first high-volume, 100% solar-powered turnkey water purification system housed within two standard 40-ft (12,2m) containers. Its patented reverse-osmosis technology can purify up to 100,000 liters per day of brackish/contaminated water or 50,000 liters of seawater into pure drinking water. Operating and maintenance costs are a fraction of conventional units.

Krystall is perfectly suited for servicing remote towns and villages, humanitarian and relief situations, hotels, islands and turnkey camps.

A video of the Krystall water purification system can be found at www.SwissINSO.com.

KLYMAA uses nano-composite solar coating technology to heat and cool buildings via solar-collector glass façade panels in a wide variety of colors and treatments.

For more information, please click here

Contacts:
Press Contact:
Morris Zand
Zand Media Relations

+41 (79) 785.43.56

SwissINSO Contact:
Irma Velazquez
Marketing Manager

+41 (21) 693.86.40

Copyright © SwissINSO

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Simulating magnetization in a Heisenberg quantum spin chain April 5th, 2024

NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024

Innovative sensing platform unlocks ultrahigh sensitivity in conventional sensors: Lan Yang and her team have developed new plug-and-play hardware to dramatically enhance the sensitivity of optical sensors April 5th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

Jobs

Could quantum technology be New Mexico’s next economic boon? Quantum New Mexico Coalition aims to establish state as national hub April 1st, 2022

SEMI Partners with GLOBALFOUNDRIES to Offer Apprenticeship Program Aimed at Building the Electronics Talent Pipeline August 11th, 2020

March 17th, 2020

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) March 29th, 2019

Products

Spectradyne Partners with Particle Technology Labs for Measurement Services December 6th, 2018

Mode-Changing MEMS Accelerometer from STMicroelectronics Combines High Measurement Resolution and Ultra-Low Power for Industrial Applications November 7th, 2018

Fat-Repellent Nanolayers Can Make Oven Cleaning Easier October 17th, 2018

Aculon, Inc. Enters into Strategic Partnership Agreement with Henkel Corporation to Supply Key Mobile Device Manufacturers with NanoProof® PCB Waterproof Technology October 17th, 2018

Announcements

NRL charters Navy’s quantum inertial navigation path to reduce drift April 5th, 2024

Innovative sensing platform unlocks ultrahigh sensitivity in conventional sensors: Lan Yang and her team have developed new plug-and-play hardware to dramatically enhance the sensitivity of optical sensors April 5th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

A simple, inexpensive way to make carbon atoms bind together: A Scripps Research team uncovers a cost-effective method for producing quaternary carbon molecules, which are critical for drug development April 5th, 2024

Financial Reports

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021

Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021

180 Degree Capital Corp. Reports +6.7% Growth in Q4 2020, $9.28 Net Asset Value per Share as of December 31, 2020, and Developments from Q1 2021 Including Expected Investment in a Planned SPAC Sponsor February 22nd, 2021

Water

Two-dimensional bimetallic selenium-containing metal-organic frameworks and their calcinated derivatives as electrocatalysts for overall water splitting March 8th, 2024

Computational system streamlines the design of fluidic devices: This computational tool can generate an optimal design for a complex fluidic device such as a combustion engine or a hydraulic pump December 9th, 2022

Taking salt out of the water equation October 7th, 2022

Scientists capture a ‘quantum tug’ between neighboring water molecules: Ultrafast electrons shed light on the web of hydrogen bonds that gives water its strange properties, vital for many chemical and biological processes July 8th, 2022

New-Contracts/Sales/Customers

Bruker Light-Sheet Microscopes at Major Comprehensive Cancer Center: New Advanced Imaging Center Powered by Two MuVi and LCS SPIM Microscopes March 25th, 2021

Arrowhead Pharmaceuticals Announces Closing of Agreement with Takeda November 27th, 2020

Veeco Announces Aledia Order of 300mm MOCVD Equipment for microLED Displays: Propel™ Platform First 300mm System with EFEM Designed for Advanced Display Applications October 20th, 2020

GREENWAVES TECHNOLOGIES Announces Next Generation GAP9 Hearables Platform Using GLOBALFOUNDRIES 22FDX Solution October 16th, 2020

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project