Voltree Power Teams with Drakontel to Bring Energy Harvesting Solutions to Mexican Market | Yahoo Finance

CANTON, Mass.–(BUSINESS WIRE)–

Voltree Power, Inc. (www.voltreepower.com), today announced that is has signed a Memorandum of Understanding (“MOU”) with Drakon Telecommunications (“Drakontel”) of Mexico. This MOU initiates an alliance through which the two companies plan to leverage Voltree Power’s energy harvesting technologies to provide practical, cost-effective and innovative sensing solutions to Mexico’s agricultural, environmental and natural resource preservation. The companies will explore a range of potential commercial applications for Voltree Power’s bio-energy harvester products and solutions in the Mexican market.

Drakontel (www.drakontel.com) is known for its commercial support of the Mexican government’s communications and transportation deregulation efforts. The company collaborates with other companies like Voltree Power to propose new projects for negotiation with Mexican state administrations. In support of this MOU, Voltree Power has opened a sales office in Mexico.

Today’s announcement follows similar news on September 20, of Voltree Power’s MOU with Greek and Albanian systems integrator Alphanetrix.

“As we continue to develop, test, and enhance our products in the United States, we are getting a lot of interest from other countries,” said Stella Karavas, founder and CEO of Voltree Power. “Drakontel’s influence and support of new technology applications will make them an ideal commercial ally for us, and the perfect foot in the door to the Mexican market.”

“Bio-energy harvesting is a developing market with enormous potential, and Voltree Power is extremely well positioned as an early leader in this space,” said Miguel Gomez-Villalobos, CEO of Drakontel. “We are excited to explore ways we can deploy Voltree’s state-of-the-art technology across a range of applications in Mexico, starting with forest sensors for fire alerting and prevention.”

About Voltree Power (www.voltreepower.com)

Voltree Power leverages its patented bio-energy harvester as well as other energy harvesting technologies to provide practical, cost-effective and innovative sensing solutions for agricultural, environmental and natural resource preservation.

Voltree Power offices and manufacturing facility are based in Canton, Massachusetts U.S.A.

Source: http://finance.yahoo.com/news/voltree-power-teams-drakontel-bring-141000157.html

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