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Subject: Complete License Rights Agreement to Manufacture Towers
(BLAIR, NE): Northstar Endeavors, LLC, dba Northstar Wind (“Northstar”) and Alphatec Nordeste (“Alphatec”), announces the completion of a Patent & Know-How License Rights Agreement, whereas Northstar grants Alphatec the exclusive license to Northstar’s intellectual property (“IP”), within the territory of Brazil, to design, manufacture, construct and sell towers using the IP. Northstar has developed a line of modular tower solutions for Mega Watt (MW) wind turbines using its patent and patent pending technology. The Northstar Modular Tower (NMT) design provides the wind industry a cost-effective solution to build taller towers for larger turbines. As stated by Jeff Willis, President of Northstar, “This agreement launches our global initiative of licensing our technology for our modular tower solution. We could not be more excited about teaming up with Alphatec and their team to help them to become a major tower supplier in the Brazilian market”. He goes on to say, “This agreement opens up further opportunities for turbine manufacturers and developers to take advantage of the NMT benefits”. Alphatec will be expanding on its energy related businesses by developing its WTά™ series wind towers utilizing the Northstar patented technology for 80-140m towers. Alphatec is building a dedicated manufacturing facility for the towers and tower components that is scheduled to come online in 2016.
Mario Wilson, President of Alphatec states, “We are extremely excited in securing this agreement with Northstar. We are very impressed with the technology, the Northstar team, and the impact this product will have on the industry”. He further states: ”The benefits this tower provides will enable us to become a major player for supplying domestic towers for Brazilian wind farms. This tower is a differentiator and a more cost-effective solution for the OEMs and wind farm developers”.
This Agreement was completed in cooperation with ph-consulting group, inc. www.ph-consult.biz, a renewable energy, clean fuels consulting group of Omaha, NE. Northstar Endeavors, LLC, dba Northstar Wind, is a technology company that was formed in 2006 for the purpose of developing a more cost-effective and complete tower solution for the Megawatt wind industry. Through the use of its patented and patent pending technology, larger turbines can now be cost-effectively placed at heights up to 140 meters. Alphatec is a company that since 1993 has been a provider of services and solutions to the oil and gas industry in Brazil and worldwide. It has vast experience in the manufacture and assembly of equipment and metallic structures, pipes and spools, maintenance and repair of buoyancy modules and drilling risers.
Company Contact Information
Northstar Endeavors, LLC, www.northstarwind.com, located in Blair, Nebraska, US and its principal executive officer is:
Jeffrey Willis, President JWillis@northstarwind.com
Alphatec Nordeste, www.alphatec.ind.br, located in Macae, Rio de Janeiro, Brazil and its principal executive officer is:
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