Vbine Energy
Presenter:
Dwight Siman, Director of Sales
Email:
dwight@vbine.com
Phone:
306-596-8488
Website:
http://www.vbine.com
Address:
R&D Box 1453 Moosomin SK SoG 3No
Sales Suite 323 1102 8Th ave Regina, SK S4R 1C9
Manufacturing Winler MB
Year Founded:
2005
Industry Sector:
Cleantech Category:
Company Overview:
Vbine energy has developed (using four patent pending) a vertical axis wind turbine that can be mounted on a telecom tower and not interfere with the telecommunications. This is a first for the industry having built the only wind energy solution for the telecom industry we have also ended up with the best choice for small energy production for homes cottages farms, high rise buildings, etc.
Markets & Applications:
Remote Telecomunication Towers to reduce or eliminate the use of Diesel fuel to power the tower requirements
Non remote Telecomunication towers to provide a green source of Power and feed excess into the grid
Remote communities relying on Deisel generation for power
Grid tie applicaytions where applicable to feed power back into the grid
High rtise buildings to assist in the power requirements ,
Corporate stores and wharehouse to provide a futuristic looking power supply to reduce cost and promote company as eviromentally concerned
Farms, cottages , hunting lodges etc..provide power in remote locations
New green buildings,as part of the overall green energy production
Off shore oil rigs , to provide power to light the becons on abandoned rigs for shipping traffic
remote oil pump jacks
Bridge designs to make a bridge a small power producer, using the lake effect present over most bridges
Minning companies to assist in power requirements at the mines
Technology & Products:
5 KW Vertical Axis Wind Turbine, 4 world wide patents pending using disruptive technology
Sustainable Competitive Advantage:
Turbine can take wind from any direction, ( does not have to turn into the wind before producing power) unlike horizontal turbines
Low rotation speed ( means quite, no vibration issues, less wear and tear, safe , no ice shear, enviromentally safe for birds and bats, No Electro magnetic Interferance)
Direct drive technology eliminates the need for ( Brushes, bushings and slip rings ) reducing maintenance
Unique patent pending Blade design allows the turbine to run even in high winds and does not have to be shut down Also self starts in low wind without electric induction)
Robust desighn suitable for extreme operating conditions as in the far north
Only 2 moving components ( Long Life Bearings ) reducing maintenance and possible breakdowns
Business Model & Financials:
Plans underway to establish a dealer network in North America and support that dealer network
Plans underway to establish a distribution channel in other countries, Agreements sighned in Romania and Itally and Bangladesh so far
Cost plus profit = distribution price , plus Mark up = dealer price plus markup = retail price
Team:
Executive team
Barry Ireland (CEO) as well as the originall inventor , Barry has run 2 other sccesfull businesses in the past, a tucking company in Ontario and a used and antique tractor company with many clients overseas. Barrys knowledge of business as well as his technical knowledge of the product developed has been invalluable to Vbines success thus far. Barry has had 6 other inventions that he has filled patents on including a stone trap that was sold to new holand some 20 years ago and continues to be used on most combines today.
Dwight Siman ( Director of Sales) Dwight comes to Vbine with many years of Public speaking experience as well as years of Hotel Management experience. In addition Dwight still owns a succesful auto dealership in Regina SK. Dwight was one of the original early stage investors and also served on the board of directors before resigning his post to take on the possition of director of sales and help the company set up its distribution channel. Dwight has a team of sales professionals on board to aid in the establishment and service of the dealer network Including.
Thom Hanwell ( Dealer Support) several years in the automotive industry and business owner and land developer
Wes Gelowitz ( Dealer Support ) several years Auto dealership management and business ownership
Chris Bogaert ( Dealer Developement Ontario Region) Business owner
Werner Dyck ( international Business developement ) Werner comes to Vbine with a degree in commerce and past business experience as well as being fluent in 4 languages , including English, Spanish , Portuguise, and German
Ron Potter serving in dual capacity as dealer support in Manitoba but also supports the entire sales team with his vast technicall knowledge of the product and its installation process.
Technicall team is lead by Perry Palahicky in Moosomin Sk , Perry has been very instumental in solving all the technical issues that have arrisen while the product was under developement . Perry continues to work on product improvement as well as developement of future models such as the 1 Kw and the 20KW models.
Perry has a team of approx 5 technicians trained in various areas of expertise
The R & D office is presently under John Ireland who has a team of 4 including reception and accounting
the Manufacturing facility that is not yet complete in Winkler MB is managed by John Schmidt
Lead Legal AdvisorKowalishen Law Firm Contracts and SecuritiesMiller Thomson Patent LawKirby Eades Gale Baker Tax AdvisorAnderson Law Firm Market ResearchDave Spearin Market Research Financial PlanningBDO |
Development Plans:
Vbine Energy is presently constructing a 35,000 square ft manufacturing facility in Winkler Manitoba to handle the ever increasing demand for production. The R&D facility in Moosomin Sk will continue to work on several project, It will continue to improve the 5 kw model we are presently marketing as well as work on developing a 1 KW unit and a 20 KW unit . In addition research will carry on in stacking of turbines on a single tower, and wind farm technology .
Additional Information:
Conover + Company Communications is presenting this information to you on behalf of the Government of Canada. Additional information is on file with the Department of Justice, Washington, District of Columbia.