DGAP-News: Korsair Holdings AG: Korsair Holdings AG Enters Into Exclusive Representative Agreement with Synchrotech Solutions Ltd
07.04.2014 – 10:01
DGAP-News: Korsair Holdings AG / Key word(s): Agreement Korsair Holdings AG: Korsair Holdings AG Enters Into Exclusive Representative Agreement with Synchrotech Solutions Ltd 07.04.2014 / 10:00 --------------------------------------------------------------------- Berlin, Germany - April 07, 2014, Korsair Holdings AG (NOM.BE), announces that it has entered into an exclusive representative and strategic cooperation agreement with Synchrotech Solutions Ltd, ("Synchrotech"), a Nicosia Cyprus based company that is focused on green energy projects in Cyprus. According to Boris Rubizhevsky, Korsair Holdings AG Chief Executive Officer, "We are pleased to be working with Synchrotech a firm established in 2004 with broad level of experience in Cyprus as well operations in Greece, the Balkans, Mediterranean and Russia. Our agreement calls for cooperation in the clean energy field, where Synchrotech offers in-country expertise from project licensing to installation, operation and maintenance. We look forward working with Synchrotech team bringing innovative green energy products and technologies to Cypriot marketplace." Haris Christou President of Synchrotech Solutions Ltd commented "Synchrotech experience and involvement with the identification of trends and dynamics of the marketplace for clean energy products and technologies provide important base for our clients and partners in pursuing opportunities In Cyprus as well as other markets where we have been successful over the past 10 years. Synchrotech has necessary expertise and resources to provide meaningful contributions on topics such as: - Market studies - Investment evaluation - Technology assessment - Organization of legal business structures - Risk analysis - Addressing regulatory requirements - Training and operations Furthermore, we are very pleased that Korsair chose Synchrotech and are looking forward to mutually beneficial relationship." About Synchrotech Solutions Ltd Synchrotech Solutions Ltd is headquartered in Nicosia, Cyprus, with interests in Mediterranean, Balkans and Russia. The Company is focused on solar and wind energy projects as well energy storage technologies. Synchrotech will initially promote Korsair's solar and wind energy generating systems to local government agencies and municipalities. About Korsair Holdings AG Korsair Holdings AG is a technology holding company with a focus on environmental and technical infrastructure projects related to renewable energy and clean technologies. By combining environmental innovations with creative management and proven industrial leadership, Korsair Holdings AG strives to stay in the forefront of the CleanTech business. KORSAIR HOLDINGS AG Poststrasse 10 6060 Sarnen, Switzerland info@korsairholdings.com www.korsairholdings.com Disclaimer; Forward-Looking Statements: This or any other statement from KORSAIR HOLDINGS AG contains forward-looking statements that are based on assumptions and estimations of KORSAIR HOLDINGS AG. Words such as "estimate," "expect", "plan," "project" and "will" and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. KORSAIR HOLDINGS AG undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from KORSAIR HOLDINGS AG does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of KORSAIR HOLDINGS AG in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like KORSAIR HOLDINGS AG, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all. End of Corporate News --------------------------------------------------------------------- 07.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------- 261800 07.04.2014